Reliance Jio

Idea Cellular biggest bidder in India spectrum auction

Following the Indian Supreme Court lifting its initial embargo on publishing results, Idea Cellular has emerged as the biggest bidder in the country’s latest 2G and 3G spectrum auction. After 19 days and 115 rounds of bidding, the Indian government managed to haul in a nice lot of cash at a record total of INR1.1 trillion ($17.5 billion).

Bharti and Reliance Jio sign infrastructure sharing deal

Indian operators Bharti Airtel and Reliance Jio have announced an infrastructure sharing agreement. The two will share their inter and intra city fibre networks, submarine cable networks, towers and internet broadband services. They added that they will also look for other such opportunities to share assets in the future.

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