fbpx
  • About us
    • Data Analyst Team
    • Magazines Sections
    • Editorial Team
  • Advertise with us!
  • Business review
  • Guest writers
    • Guest Contribution
  • Subscription
  • Career
  • Contact us
Friday, April 16, 2021
Business Connect | Best Business magazine In India
  • News
    • All
    • Blog
    Realme Q3 Series Launch confirmed, expected MediaTek Dimensity 1100, specification

    Realme Q3 Series Launch confirmed, expected MediaTek Dimensity 1100, specification

    Meghalaya Chief Minister Conrad Sangma Shreds to Iron Maidens Wasted Years

    Meghalaya Chief Minister Conrad Sangma Shreds to Iron Maiden’s Wasted Years

    Covid-19: CM Arvind Kejriwal announces weekend curfew – Know Guideline

    Covid-19: CM Arvind Kejriwal announces weekend curfew – Know Guideline

    Motorola Teases Launch of Two

    Motorola Launch ‘G Series’ phones in India – price & specification

    Bharat Petroleum partners Accenture for digital sales

    Bharat Petroleum join hands with Accenture for digital sales, distribution platform

    Microsoft in Talks to Buy Nuance for $16 Billion, expand Healthcare Business

    Microsoft in Talks to Buy Nuance for $16 Billion, expand Healthcare Business

    Flipkart hold Adani Group hands to set up Logistics & Data Centers

    Flipkart hold Adani Group hands to set up Logistics & Data Centers

    Education Minister Releases ‘SARTHAQ’, an Indicative & Suggestive Implementation Plans for Schools.

    Education Minister Releases ‘SARTHAQ’, an Indicative & Suggestive Implementation Plans for Schools

    Tesla hired CBRE to find showroom space in 3 cities of India

    Tesla hired CBRE to find showroom space in 3 cities of India

  • Magazine
  • Lounge Interviews
  • Press Release
    • PR Enquiry
  • Blogs
  • Success Stories
  • Healthcare
  • Testimonials
  • Launchpad
  • BCM TV
No Result
View All Result
  • News
    • All
    • Blog
    Realme Q3 Series Launch confirmed, expected MediaTek Dimensity 1100, specification

    Realme Q3 Series Launch confirmed, expected MediaTek Dimensity 1100, specification

    Meghalaya Chief Minister Conrad Sangma Shreds to Iron Maidens Wasted Years

    Meghalaya Chief Minister Conrad Sangma Shreds to Iron Maiden’s Wasted Years

    Covid-19: CM Arvind Kejriwal announces weekend curfew – Know Guideline

    Covid-19: CM Arvind Kejriwal announces weekend curfew – Know Guideline

    Motorola Teases Launch of Two

    Motorola Launch ‘G Series’ phones in India – price & specification

    Bharat Petroleum partners Accenture for digital sales

    Bharat Petroleum join hands with Accenture for digital sales, distribution platform

    Microsoft in Talks to Buy Nuance for $16 Billion, expand Healthcare Business

    Microsoft in Talks to Buy Nuance for $16 Billion, expand Healthcare Business

    Flipkart hold Adani Group hands to set up Logistics & Data Centers

    Flipkart hold Adani Group hands to set up Logistics & Data Centers

    Education Minister Releases ‘SARTHAQ’, an Indicative & Suggestive Implementation Plans for Schools.

    Education Minister Releases ‘SARTHAQ’, an Indicative & Suggestive Implementation Plans for Schools

    Tesla hired CBRE to find showroom space in 3 cities of India

    Tesla hired CBRE to find showroom space in 3 cities of India

  • Magazine
  • Lounge Interviews
  • Press Release
    • PR Enquiry
  • Blogs
  • Success Stories
  • Healthcare
  • Testimonials
  • Launchpad
  • BCM TV
No Result
View All Result
Business Connect | Best Business magazine In India
No Result
View All Result
Home News

Airtel sells spectrum to Reliance Jio worth INR 1,497 crore

admin by admin
April 7, 2021
in News
802 8
0
Airtel sells spectrum to Reliance Jio worth INR 1,497 crore
122
SHARES
810
VIEWS
Share on FacebookShare on Twitter

Airtel sells spectrum to Reliance Jio worth INR 1,497 crore

By Sanjay Kumar

News Highlights

  • Bharti Airtel agreed with Reliance Jio to offer the consideration of INR 1,037.6 crores to airtel for the proposed transfer.
  • The overall value for the option to use this spectrum is INR 1,497 crores.
  • Bharti Airtel Managing Director said that the sale of 800 MHz blocks in these 3 circles has empowered us to open value from the unutilized spectrum.

Bharti Airtel sells spectrum to Reliance Jio

On Tuesday, Bharti Airtel said, we have signed an agreement with Reliance Jio to transfer ‘Right to Use’ for a portion of its 800 MHz spectrum in 3 circles to the Reliance led firm. Through sells agreement of Spectrum with Reliance Jio, Airtel will get the consideration of INR 1,037.6 crores for the proposed transfer.

Additionally, Reliance Jio will expect future liabilities of INR 459 crores relating to the spectrum, Bharti Airtel said.

The managing director and chief executive officer Gopal Vittal, Bharti Airtel, said: “The sale of 800 MHz blocks in these 3 circles has empowered us to open value from the unutilized spectrum. This is aligned to our overall network system.”

Based on the agreement, Reliance Jio will get the option to utilize spectrum in the 800MHz band in Andhra Pradesh (3.75 MHz), Delhi (1.25 MHz), and Mumbai (2.50 MHz) circles through spectrum trading.

Dependence Jio mention in the statement that the firm will have 2X15MHz of spectrum in the 800MHz band in the Mumbai circle and 2X10MHz of spectrum in the 800MHz band in Delhi and Andhra Pradesh circles, accordingly further consolidating its spectrum impression in these circles.

“The trade pact is by the Policies on Spectrum Trading which is issued by the Department of Telecommunications and it’s subject to the requisite regulatory & statutory approvals,” Reliance said.

The overall value for the option to use this spectrum is INR 1,497 crores, inclusive of the present value of associated deferred payment liability of INR 459 crores, subject to any transaction related adjustments,”

In the recently held spectrum auction by the Department of Telecom shows us Reliance Jio was the biggest bidder, received 488.35 MHz of spectrum for INR 57,122.65 crores. The preponderance of auction payoff by the Reliance Jio will be for the spectrum in the 800 MHz bands about INR 34,491 crore.

Also Read:- MUSHROOM CULTIVATION: A SUSTAINABLE AGRIBUSINESS IN INDIA

 

 

Premium WordPress Themes Download
Download WordPress Themes
Download Premium WordPress Themes Free
Download Nulled WordPress Themes
free download udemy paid course
download lava firmware
Download Premium WordPress Themes Free
ZG93bmxvYWQgbHluZGEgY291cnNlIGZyZWU=
Previous Post

CPQi

Next Post

Top 10 highest-paid Indian Athletes 2021

Related Posts

Realme Q3 Series Launch confirmed, expected MediaTek Dimensity 1100, specification
News

Realme Q3 Series Launch confirmed, expected MediaTek Dimensity 1100, specification

by admin
April 16, 2021
0

Realme Q3 Series Launch confirmed, expected MediaTek Dimensity 1100, specification By Sanjay Maurya News Highlights Weibo a Chinese social media...

Meghalaya Chief Minister Conrad Sangma Shreds to Iron Maidens Wasted Years
Blog

Meghalaya Chief Minister Conrad Sangma Shreds to Iron Maiden’s Wasted Years

by admin
April 16, 2021
0

Meghalaya Chief Minister Conrad Sangma Shreds to Iron Maiden’s Wasted Years The state of Meghalaya is known for its breathtaking...

Covid-19: CM Arvind Kejriwal announces weekend curfew – Know Guideline

Covid-19: CM Arvind Kejriwal announces weekend curfew – Know Guideline

April 15, 2021
Motorola Teases Launch of Two

Motorola Launch ‘G Series’ phones in India – price & specification

April 15, 2021
Bharat Petroleum partners Accenture for digital sales

Bharat Petroleum join hands with Accenture for digital sales, distribution platform

April 14, 2021
Microsoft in Talks to Buy Nuance for $16 Billion, expand Healthcare Business

Microsoft in Talks to Buy Nuance for $16 Billion, expand Healthcare Business

April 13, 2021
Next Post
Top 10 highest-paid Indian Athletes 2021

Top 10 highest-paid Indian Athletes 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Upcoming List of Top Indian Web Series of 2021 across Various Streaming Platforms

Upcoming List of Top Indian Web Series of 2021

April 9, 2021
Nelsonin Research Private Limited | Business Connect

Nelsonin Research Private Limited

October 5, 2019
The 10 most popular tiktok stars in the world

10 most popular Tiktok stars in the world

February 10, 2021
World’s Top 10 Richest Billionaires april 2021

World’s Top 10 Richest Billionaires 2021

April 16, 2021
BookMyPart_BigWin_Partners

BookMyParts Partners with PaisaDukan to Strengthen Supply Chain of Machine Spare Parts Industry

5
TechnoPilot®: Providing unique Network Security, Business Success mantras and healers by virtue of its veteran founder

TechnoPilot®: Providing unique Network Security, Business Success mantras and healers by virtue of its veteran founder

5
World’s Top 10 Richest Billionaires april 2021

World’s Top 10 Richest Billionaires 2021

4
Moksha Creative Services: Utilizing seasoned expertise in online visual content market to deliver magnum opus everytime

Moksha Creative Services: Utilizing seasoned expertise in online visual content market to deliver magnum opus everytime

3
Success story of Larry Ellison

Larry Ellison

April 16, 2021
Realme Q3 Series Launch confirmed, expected MediaTek Dimensity 1100, specification

Realme Q3 Series Launch confirmed, expected MediaTek Dimensity 1100, specification

April 16, 2021
Meghalaya Chief Minister Conrad Sangma Shreds to Iron Maidens Wasted Years

Meghalaya Chief Minister Conrad Sangma Shreds to Iron Maiden’s Wasted Years

April 16, 2021
Sushruta Surgicals Private Limited

Sushruta Surgicals Private Limited

April 16, 2021

Recent News

Success story of Larry Ellison

Larry Ellison

April 16, 2021
Realme Q3 Series Launch confirmed, expected MediaTek Dimensity 1100, specification

Realme Q3 Series Launch confirmed, expected MediaTek Dimensity 1100, specification

April 16, 2021
Meghalaya Chief Minister Conrad Sangma Shreds to Iron Maidens Wasted Years

Meghalaya Chief Minister Conrad Sangma Shreds to Iron Maiden’s Wasted Years

April 16, 2021
Sushruta Surgicals Private Limited

Sushruta Surgicals Private Limited

April 16, 2021

Recommended

Toxic Behaviors That Pushes People Away | Business Connect

5 Toxic Behaviors That Pushes People Away

November 30, 2019
Forbes facility Services Pvt. Ltd (ffsl)

FORBES FACILITY SERVICES PVT. LTD (FFSL) SHARES ITS PRIDE ON ACHIEVING THE COVETED ‘BLUE FLAG CERTIFICATION’

December 2, 2020

Most Popular

Success story of Larry Ellison
Success Stories

Larry Ellison

April 16, 2021
Realme Q3 Series Launch confirmed, expected MediaTek Dimensity 1100, specification
News

Realme Q3 Series Launch confirmed, expected MediaTek Dimensity 1100, specification

April 16, 2021
Meghalaya Chief Minister Conrad Sangma Shreds to Iron Maidens Wasted Years
Blog

Meghalaya Chief Minister Conrad Sangma Shreds to Iron Maiden’s Wasted Years

April 16, 2021
Business Connect | Best Business magazine In India

Business Connect is a business magazine whose name is derived from Business Community which connects entrepreneurs, executive officers and VCs. With a mission to have one of the highest readership figures of senior-level executives and investors in India, Business Connect brings its edition on monthly basis.

Follow Us

Contact Information

Address: 701, DDA 2, District Centre, Janakpuri West, New Delhi-110058

Phone Number: +91-11-41065208, 42636209

Mail: abhishek@businessconnectindia.in

Recent News

Success story of Larry Ellison

Larry Ellison

April 16, 2021
Realme Q3 Series Launch confirmed, expected MediaTek Dimensity 1100, specification

Realme Q3 Series Launch confirmed, expected MediaTek Dimensity 1100, specification

April 16, 2021
Meghalaya Chief Minister Conrad Sangma Shreds to Iron Maidens Wasted Years

Meghalaya Chief Minister Conrad Sangma Shreds to Iron Maiden’s Wasted Years

April 16, 2021

Request a call back

  • About us
  • Why us
  • Guest writers
  • Career
  • Contact us

© 2020 All Rights Reserved by Business Connect India

No Result
View All Result
  • News
  • Magazine
  • Lounge Interviews
  • Press Release
    • PR Enquiry
  • Blogs
  • Success Stories
  • Healthcare
  • Testimonials
  • Launchpad
  • BCM TV

© 2020 All Rights Reserved by Business Connect India

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In