The Rs 3,500 crore 4G spectrum trading deal between the service providers Bharti Airtel and Aircel is learnt to have been cleared by Telecom Ministry.

An official source has said that “The spectrum trading deal between Bharti Airtel and Aircel was cleared by the telecom minister on on July 4.”

An agreement has been entered between Airtel and Aircel for acquiring rights to use 4G spectrum of Aircel in eight telecom circles for Rs 3,500 crore.

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