RCom pays Rs 8,585.04 cr for 3G spectrum

RCom had bagged the spectrum in 13 circles, including Delhi and Mumbai. Today is the last date for making payments for 3G spectrum by all telecom firms, including PSUs BSNL and MTNL. The government had earned Rs 67,719 crore from the sale of 3G spectrum through a 34-day-long auction process, in which nine operators took part.

RCom has won 3G spectrum in all circles where it has 900 MHz spectrum. It has obtained 3G spectrum in 13 circles, including high-growth 'C' ones, for less than Rs 500 crore. This makes RCom the only operator with pan-India 3G capability in CDMA, and among the top three with highest 3G-enabled coverage.

According to the company, RCom will have to invest only a minimal amount into the 3G network capex owing to its already-existing nationwide state-of-the-art GSM network. RCom will strongly leverage its media, gaming, cinema and broadcasting capabilities to offer its customers a unique "true 3G experience," the company said.

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