Bharti Airtel acquires Tikona 4G in Rs 1600 Cr: Boosting 4G via Tikona waves

Bharti Airtel acquires Tikona 4G in Rs 1600 Cr

We have brought up astonishing news for you all, today an official announcement is made by airtel that Bharti Airtel Acquires Tikona 4G In Rs 1600 Cr. This step has been taken by the company to for boosting 4G via Tikona Waves. Apart from this, the firm will also take possession of 350 cities and broadband continuum in 1600 Rs crore.

Bharti Airtel acquires Tikona 4G in Rs 1600 Cr

However, this possession is subject to indispensible approvals by the authorization. The prime objective of the airtel is to enhance the speed of its 4G network and so that it can effectively face the competition with jio, idea and Vodafone. This deal has been come after the collaboration of idea and Vodafone to generate a biggest telecom corporation.

Bharti Airtel acquires Tikona 4G in Rs 1600 Cr

At present, tikona firm is having 20 MHz range in 2300 megahertz spectrum in the following states, UP (west & east), Rajasthan, Gujarat and Himachal Pradesh. According To the Bharti Airtel “The Company Will Soon Introduce the 4G High Speed services on the following possessed five new circles”.

The firm in a dictatorial filling with BSE (Bombay stock exchange) announced that the time period of acquisition is around 60 days. This telecom corporation has consequently followed an approach of possessing 4G spectrum and according to the reports; this is basically the fifth attainment since 2015.

Previous year, the firm had attained various airwaves in the auctions of 4G. The MD of the firm, gopal mittal said that they suppose that amalgamation of our amplitude in FD-LTE (1800 MHz) as well as TD-LTE (2300 MHz) will definitely strengthen our network. And the airtel subscribers will surely enjoy a good experience with wireless broadband services.

Airtel Tikona

The firm is not required to pay additional price to the authority for holding the spectrum in five different circles. Apart from the augmentation of continuum capacity, airtel (SUC) spectrum usages charges are also get decreased due to tikona charges is 1 % gross revenue annually.

This possession will most probably results in effective outcomes with good network speed along with outstanding response from customers. Currently, the firm pays nearly 4.3 % of continuum usage charges of AGR. Due to this attainment, the firm SUC will trim down by nearly 25 points that further lets the saving of Rs 1,000 crore annually.

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In 2009, tiwari who resign the firm holds 1 % venture in tikona. Moreover, he is the investor of the trust tikona. According to the reports, he said ET; he will take a lawful action because he was not provided any details concerning the shares spilt that will sale to the airtel.

We hope that your will get sufficient information regarding Bharti Airtel Acquires Tikona 4G in Rs 1600 Cr. For more updates and interesting facts, stay updated with coolexample.in.

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