Vodafone Idea and Reliance Jio have made significant acquisitions in the recent telecom spectrum auction in India. Vodafone Idea purchased 50 MHz spectrum for ₹3,510 crore, while Reliance Jio acquired additional spectrum in the 1800 MHz band in Bihar and West Bengal for Rs 973 crore. Both companies aim to strengthen their positions in the telecommunications sector through these strategic investments.
#Vodafone-#Idea acquires Rs 3,510 crore worth of airwaves in 11 circles https://t.co/USTgMfIBgQ
#MarketsWithBS | Shares of Vodafone Idea hit an over five-year high of Rs 18.50, gaining nearly 3 per cent on the BSE in Thursday's intraday trade, amid heavy volumes. #vodafoneidea #buzzingstocks #StockMarket https://t.co/TIJBWGtRMN
#IDEA Vodafone Idea (+1.4%) acquires 50 MHz of spectrum across low band and mid band spectrum (900 MHz, 1800 MHz and 2500 MHz) in 11 circles at a total commitment of Rs 3,510 crore, in the spectrum auction concluded yesterday. #telecom #spectrum
#Vodafone Idea: Acquired 50 MHz of spectrum across low band and mid-band spectrum (900 MHz, 1,800 MHz and 2,500 MHz) in 11 circles for a total consideration of ₹3,510 crore in the recently concluded spectrum auction.
Reliance Industries: Jio consolidates leadership position by acquiring the right to use spectrum in the 1,800MHz band in two circles. It acquired the spectrum at a provisional cost of ₹973.63 crore.
#BhartiAirtel acquires 97 MHz of spectrum, to enhance its mid-band holdings across select circles.
#RelianceJio consolidates its leadership position by acquiring the right to use spectrum in the 1800MHz band in 2 circles: Reliance Jio press release
#TeleCommunication | In the Spectrum auction conducted by @DoT_India which concluded today, #Jio acquired additional spectrum in the 1800 MHz band in #Bihar and #WestBengal: @reliancejio https://t.co/3TWEZ74IJz
#Jio acquires additional spectrum in 1800 MHz for Rs 973 cr in two circles https://t.co/ZtYhw6gXAv
In the Spectrum auction conducted by the Department of Telecommunications, Government of India which concluded today, Jio acquired additional spectrum in the 1800 MHz band in Bihar and West Bengal: Reliance Jio Infocomm Limited
Stocks In News | Vodafone Idea: Bought 50 MHz spectrum in auction for ₹3,510 cr @vodaidea_news #Stockmarket https://t.co/oYLXeEKS8E
Telecom Spectrum Auction | Details of airwaves bought by Vodafone Idea and Reliance Jio👇 @vodaidea_news @reliancejio https://t.co/zOD3hLtt0c