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Vodafone Idea rose 2.62% to Rs 11.36 after the company said it acquired spectrum in 5 circles to create further efficiencies in few circles.Vodafone Idea participated in the just concluded 2021 spectrum auction conducted by the Department of Telecom (DoT), Government of India. We have used this opportunity to optimize spectrum holding post-merger to create further efficiencies in few circles, the company said in a statement. The spectrum we have acquired in the 5 circles will further help us to enhance our 4G coverage and capacity, enabling superior digital experience for our customers, it added. The teleco said that in the next few years, the telecom industry readies to deploy 5G technology with India specific use cases.

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