Unitech gets telecom spectrum in four circles

Unitech gets telecom spectrum in four circles

Mumbai: Indian real estate firm Unitech Ltd said on Monday its telecom subsidiaries had got wireless radio waves in four more service areas, taking the total to 20 where it holds spectrum.

Unitech, which has agreed to sell a 60% stake in the telecom business to Norway’s Telenor, said in a notice to the stock exchange the allotment had been made for Assam, Rajasthan, North East and Jammu & Kashmir service areas.

Indian telecom market comprises of 22 service areas.

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