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Vodafone acquires spectrum for high speed 4G data services in India

Vodafone acquires spectrum for high speed 4G data services in India

India Blooms News Service | 07 Oct 2016, 07:42 pm
Mumbai, Oct 7 (IBNS): Vodafone India has acquired spectrum in all its key telecom circles in the spectrum auction for a total cost of INR 202.8 billion (€2.74 billion), an official release stated.

The new spectrum significantly enhances the coverage, capacity and speed of Vodafone India’s 4G data services in its key circles, complementing existing 2G and 3G voice and data capabilities.

Vodafone India successfully acquired a total of 2 x 82.6 MHz FDD and 200 MHz TDD spectrum in the auction, providing high-capacity, multi-band 4G capability operating across the 1800, 2100 and 2500 MHz bands.

Vodafone India has 17 circles with 4G capability, covering 90 percent of the company’s total revenues and 94 percent of mobile data revenues

Sunil Sood, Managing Director & CEO, Vodafone India said, “We are happy with the outcome of our spectrum purchases in the auction. This enables us to provide our customers Broadband services across India with multi-band high capacity capability in our strong circles”

Vodafone’s investment totals INR 202.8 billion (€2.74 billion) of which INR 101.4 billion (€1.36 billion) is payable up-front. 

The spectrum acquired has a 20-year term.


image: wallpaper.zone

Vodafone acquires spectrum for high speed 4G data services in India

India Blooms News Service
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