Jio pays Rs 973.63 cr to buy 1800 MHz in Bihar, West Bengal

Reliance Jio has acquired additional spectrum in the 1800 MHz band in Bihar and West Bengal, spending Rs 973.63 crore. The acquisition aims to address geography-specific demand and ensure quality of service. Jio's spectrum footprint increased to 26,801 MHz (Uplink + Downlink), solidifying its leadership position. The technology-agnostic band, which includes 5 MHz in Bihar and 9.4 MHz in West Bengal, can be paid over 20 annual instalments at 8.65% interest per annum.