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Videocon Telecommunications News

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The company is running business of national and international long distance licences, and e-KYC licence.
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Indian telecommunications giant Bharti Airtel Ltd said on Friday it had agreed to pay Aircel 35 billion rupees ($526 million) for radio frequencies in eight service areas, to make its 4G mobile broadband services available across India
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India`s third-biggest mobile phone operator, Idea Cellular Ltd , said it has called off its plan to buy telecom spectrum worth Rs 33.10 billion (USD 493 million) from smaller rival Videocon Telecommunications.  
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Idea Cellular has entered into an agreement with Videocon Telecommunications for acquiring the rights to use the latter's spectrum for the telecom service areas of Gujarat and Uttar Pradesh (West) for Rs 3,310 crore through a spectrum trading agreement, a statement said here on Tuesday.






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