1. Idea intends to use this spectrum for the launch of 4G services in these areas next year.
  2. Idea will also be taking over the outstanding liability of Videocon which it has to pay to government for these set of airwaves.
  3. Idea Cellular in a statement said it has entered into an agreement with Videocon Telecommunications Limited (Seller) for acquiring right to use spectrum, pursuant to the DoT.
  4. Guidelines for Trading of Access Spectrum by Access Service Providers (Guidelines) dated October 12, 2015 for the telecom service areas of Gujarat and Uttar Pradesh (West).
  5. Videocon had acquired spectrum in 1800 Mhz band, known as 2G spectrum in these two service areas for a total of Rs 1,329 crore in November 2012 and made upfront payment of Rs 438.57 crore to the government.



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