Telecom lines up to buy 700MHz spectrum to extend reach of 4G network

Oct. 4 (BusinessDesk) – Telecom has registered as a bidder for this month’s government auction of spectrum in the 700 Megahertz range, which the phone company would use to build out its 4Gnetwork from major cities.
The government has spent $157 million clearing the spectrum of analogue television broadcasting to allow mobile phone operators to meet demand for ultra-fast mobile broadband services. The auction is scheduled to start on Oct. 29.
Telecom is already building its 4G network in major cities using 1800MHz spectrum though 700MHz is mo...
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