The Aditya Birla Group’s Idea Cellular is buying Videocon Telecom’s spectrum in the Uttar Pradesh (West) and Gujarat circles for Rs 3,310 crore ($500 million) in the country’s first such trading deal..Bharucha & Partners acted for Idea Cellular with a team led by Partner Alka Bharucha along with Senior Associate Siddharth Manchanda and Associate Ayesha Bharucha..Videocon Telecommunications was advised by Kuldeep Drabu, the advisor to the board of Videocon Industries Limited along with Shardul Amarchand Mangaldas team led by Shardul Shroff, Executive Chairman and Partners Vidyut Gulati, Asim Abbas and Senior Associate Kushal Sinha..Idea Cellular would be using the spectrum to roll out its fourth generation-based telecom services in the next few months, according to media reports.
The Aditya Birla Group’s Idea Cellular is buying Videocon Telecom’s spectrum in the Uttar Pradesh (West) and Gujarat circles for Rs 3,310 crore ($500 million) in the country’s first such trading deal..Bharucha & Partners acted for Idea Cellular with a team led by Partner Alka Bharucha along with Senior Associate Siddharth Manchanda and Associate Ayesha Bharucha..Videocon Telecommunications was advised by Kuldeep Drabu, the advisor to the board of Videocon Industries Limited along with Shardul Amarchand Mangaldas team led by Shardul Shroff, Executive Chairman and Partners Vidyut Gulati, Asim Abbas and Senior Associate Kushal Sinha..Idea Cellular would be using the spectrum to roll out its fourth generation-based telecom services in the next few months, according to media reports.