Bharti Airtel is reportedly planning to acquire 4G airwaves from Aircel for about Rs. 3,800 crore.
Report says that the company plans to strengthen its high-speed broadband spectrum holdings.
The deal to buy Aircel's 4G spectrum in the 2300 MHz frequency band in eight circles is expected to be finalised by March-end, says report.
This will extend Bharti Airtel's 4G footprint across bands to 18 circles from 15.