Unitech's telecom unit gets spectrum in 4 more circles

29 December 2008

Real estate firm Unitech Ltd on Monday said its telecom subsidiary has received wireless radio spectrum in four more circles, taking the total to 20 where it holds spectrum.

Unitech has agreed to sell a 60-per cent stake in the telecom business to Norway's Telenor.

In a filing with the Bombay Stock Exchange (BSE) Unitech said the department of telecommunications has issued letters to company`s telecom subsidiaries for allotment of 4.4 MHz of spectrum in 1800 MH GSM band.

Allotment has been made in the Assam, Rajasthan, North East and Jammu & Kashmir service areas.

Assam - all districts except Dibrugarh, Jorhat and Kamrup districts wherein 1.2 MHz of Spectrum;

Rajasthan - all districts except Bikaner, Barmer, Bharatpur, Dausa, Ganganagar, Hanumangarh, Jodhpur, Jaipur, Jaisalmer, Jalore arid Sirohi districts.