Reliance Jio buys spectrum worth Rs 973 crore during auction

Reliance Jio, India’s largest digital services provider, has acquired spectrum in the 1800 MHz band in Bihar and West Bengal for Rs 973.63 crore.

Reliance Jio 5G plan in India

Jio has expanded its 1800 MHz band spectrum in two circles – 5 MHz for Rs 420.25 crore in Bihar and 9.4 MHz for Rs 553.38 crore in West Bengal circles during the spectrum auction that concluded on June 26. Reliance Jio has become the third largest bidder.

Jio’s spectrum footprint has increased to 26,801 MHz (uplink + downlink), solidifying its leadership position.

Jio has already deployed the largest amount of spectrum pan-India on bandwidth efficient technologies like 4G and 5G. Reliance Jio has ensured the highest quality customer experience on its network with the incremental spectrum acquired to address geography-specific demand.

Jio is the only operator in India to have access in low-band, mid-band and high-band (700 MHz, 3300 MHz and 26GHz) spectrum which gives it the unique advantage to provide a superlative experience to customers on 5G.

Akash M Ambani, Chairman of Reliance Jio Infocomm, said: “This spectrum acquisition will enable us serving aspirations of the new India, in terms of growing traffic demands and superior customer experience, which is no longer limited to only urban markets.”

Baburajan Kizhakedath

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