videocon-acquisition

Airtel's Videocon acquisition in six circles to boost 4G spectrum: Fitch

Bharti Airtel's plan to acquire 1800MHz spectrum in six Indian service areas, or "circles", from smaller telco Videocon highlights Bharti's need to boost its 4G spectrum amid pending competition from the entry of Reliance Jio, part of Reliance Industries, in 2H16, says Fitch Ratings.