Vodafone Spending INR 20,280 Crore to Acquire Spectrum in India

Vodafone India has acquired spectrum in all its key telecom circles in the spectrum auction for a total cost of INR 202.8 billion (€2.74 billion).

The new spectrum significantly enhances the coverage, capacity and speed of Vodafone India’s 4G data services in its key circles, complementing existing high-quality 2G and 3G voice and data capabilities.

Vodafone India successfully acquired a total of 2 x 82.6 MHz FDD and 200 MHz TDD spectrum in the auction, providing high-capacity, multi-band 4G capability operating across the 1800, 2100 and 2500 MHz bands.

Vodafone India has 17 circles with 4G capability, covering 90% of the company’s total revenues and 94% of mobile data revenues

Sunil Sood, Managing Director & CEO, Vodafone India said, “We are happy with the outcome of our spectrum purchases in the auction. This enables us to provide our customers Broadband services across India with multi-band high capacity capability in our strong circles”

Vodafone’s investment totals INR 202.8 billion (€2.74 billion) of which INR 101.4 billion (€1.36 billion) is payable up-front. The spectrum acquired has a 20-year term.

Vodafone India has the largest voice and data traffic usage within the Vodafone Group and has more