DoT gets ₹2,307 cr from Jio, Airtel by assigning some spectrum

The telecom department on Friday completed assignment of frequencies to successful bidders of recently-concluded auctions, and said ₹2,306.97 crore has been received earlier than expected from Reliance Jio and Bharti Airtel by assigning spectrum immediately, rather than at a scheduled later date.

As part of the frequency assignment, the government accepted the request of two telecom operators Bharti and Reliance Jio for the assignment of immediately available unsold spectrum blocks in place of spectrum blocks in the same band and circles assigned to them for later dates, an official release said.

“An amount of ₹2306.97 crore ( ₹157.38 crore from Bharti and ₹2149.59 crore from Reliance Jio) has been received immediately by the Government, rather than in August/ September, 2021,” it said.