Jio buys spectrum in 2 circles for Rs 973.63 crore

Reliance Jio Infocomm acquired additional spectrum in the 1800 MHz band in Bihar and West Bengal circles at a cost of Rs 973.63 crore in the auction conducted by the Department of Telecommunications which concluded on Wednesday.

“Jio’s spectrum footprint has increased to 26,801 MHz (uplink and downlink), solidifying its leadership position. Jio has already deployed the largest amount of spectrum pan-India on bandwidth efficient technologies like 4G and 5G, with this incremental spectrum acquired to address geography-specific demand,” it said.