For Rs 973.63 crore, Jio purchases spectrum in two circles.
"This new spectrum acquisition will continue to 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," stated Reliance Jio Infocomm Chairman Akash M. Ambani.
At the end of the Department of Telecommunications' auction on Wednesday, Reliance Jio Infocomm paid Rs 973.63 crore to buy extra spectrum in the 1800 MHz band in the Bihar and West Bengal circles.
With an uplink and downlink spectrum footprint of 26,801 MHz, Jio has cemented its dominant position. With the additional spectrum it purchased to meet demand particular to certain regions, Jio has already deployed the greatest amount of spectrum throughout India on bandwidth-efficient technologies like 4G and 5G, according to the statement.
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