NEW DELHI, Mar 28: Leading telecom operator, Idea Cellular today said by winning spectrum in 900 MHz and additional frequency in the 1800 MHz and 2100 MHz, the company has ensured business continuity and service for over 106 million subscribers.
It has ensured spectrum availability for areas covering 73 per cent of the company’s revenues. Out of 79.40 MHz spectrum won by the company, the maximum was secured in Maharashtra and Goa (9.00), Madhya Pradesh and Chattisgarh (7.40), Tamil Nadu (6.40), Haryana(6.00) and Punjab (5.60).
“Idea’s participation in the auction was necessitated due to the renewal of its licenses due in December 2015/April 2016 across nine key markets namely Andhra Pradesh & Telengana, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh & Chattisgarh, Maharashtra & Goa, Punjab and UP West, where it held the most efficient spectrum band of 900 MHz,” the company said in a statement. It said these markets collectively represent nearly 70 per cent of Idea’s subscriber base and contribute 73 per cent of the company revenues.
The spectrum win in these circles will ensure business continuity for another 20 years and help Idea strengthen its leadership in these markets. With the acquisition of 79.40 MHz across three spectrum bands of 900, 1800 & 2100 MHz in the recent auction, Idea now has a total of 270.7 MHz of spectrum on a pan-India level, it said.
(UNI)
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