Bharti to get additional spectrum in Maharashtra

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Posted: 2008-09-29 14:23:49+05:30 IST
Updated: Sep 29, 2008 at 1423 hrs IST

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Cellular major Bharti Airtel is likely to get additional spectrum in Maharashtra, along with new telecom licensees such as Unitech, Swan and Datacom.

The new licensees would be getting start-up frequency 4.4 MHz in the next two days, official sources said adding that Telecom Minister A Raja is likely to clear the file soon.

The allocation of spectrum has led to high valuation of Indian telecom companies, with even a new entity like Swan ,which is yet to start operations but has got spectrum in few circles, having a valuation of two billion dollars following picking up of 45 per cent stake for 900 million dollars by UAE-based Etisalat in the company last week.

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Bharti to get additional spectrum in Maharashtra

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