Vodafone Idea (Vi) has announced the acquisition of 50 MHz of spectrum across low-band (900 MHz) and mid-band (1800 MHz and 2500 MHz) frequencies in 11 circles, amounting to Rs 3,510 crore in the latest spectrum auction. The government auctioned a total of 10,522.35 MHz across eight bands, valued at Rs 96,238.45 crore at reserve prices.
Vodafone Idea Spectrum Acquisition Highlights
Vodafone Idea secured the following:
– Renewals: 900 MHz spectrum in Uttar Pradesh West (5 MHz) and West Bengal (3.8 MHz).
– Enhancements: Increased 900 MHz spectrum holdings in seven circles:
– Andhra Pradesh (2.4 MHz)
– Tamil Nadu (2.4 MHz)
– Karnataka (2.2 MHz)
– Punjab (1.2 MHz)
– Rajasthan (0.4 MHz)
– Uttar Pradesh East (1.2 MHz)
– Kolkata (0.2 MHz)
This acquisition will allow Vodafone Idea to allocate sufficient 900 MHz spectrum for 4G, improving the indoor experience for its 4G customers in these markets.
Vodafone Idea New Spectrum Acquisitions
– 1800 MHz Spectrum: Acquired in Madhya Pradesh (1.2 MHz).
– 2500 MHz Spectrum: Acquired in Bihar (10 MHz).
These acquisitions will help Vodafone Idea quickly increase network capacity.
Vodafone Idea 4G Service Expansion
“This spectrum acquisition aligns with the Company’s long-term strategic plan to offer a superior experience to its customers and effectively utilize spectrum across existing and emerging technologies,” Vodafone Idea stated on Wednesday.
Akshaya Moondra, CEO of Vodafone Idea, commented, “VIL has strategically acquired spectrum in select markets to enhance and strengthen its overall spectrum portfolio. This acquisition will enable us to effectively use dedicated sub-GHz spectrum for advanced technologies to enhance the customer experience. As VIL embarks on its growth journey with the fundraising plan in place, this spectrum acquisition will further strengthen its competitive position in the market.”
Following the 2024 Spectrum Auction, Vodafone Idea now holds a total spectrum of 8,030.4 MHz across all bands.
