Corporate News     28-Mar-15
Tata Teleservices (Maharashtra) bids totoal Rs 3818 crore in Spectrum Auctions
Wins additional 2.5 MHz spectrum in 800 MHZ band in Mumbai & Maharashtra
Tata Teleservices (Maharashtra) has won additional spectrum of 2.5 MHz each in 800 MHz band in Mumbai and Maharashtra circles with bid values of Rs 1819 crore and 1999 crore respectively. The spectrum validity is 20 years and the Company has option for deploying technology of its choice in this spectrum. The upfront payment to be made by the Company is at Rs 955 crore.

The Company already holds 3.75 MHz in Mumbai and 2.5 MHz in Maharashtra in 800 Mhz band. It also holds 1800 MHz in Mumbai and Maharashtra and also 3G spectrum in 2100 MHz spectrum band in Maharashtra.

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