Airtel and Qualcomm are in the middle of discussions which involves the purchase of Qualcomm s 4G licenses for key markets like New Delhi and Mumbai. According to The Times of India these discussions are at an advanced stage where Airtel is proposing to pay Rs 600 crore to set up a joint venture to gain access to Qualcomm s Broadband Wireless Access 4G licenses for key markets of New Delhi and Mumbai. The report says the deal could be finalized by June. Also Read - Vodafone Idea prepaid and postpaid plans to cost moreAlso Read - Airtel adds 3 more prepaid plans to complimentary data scheme, offers free 1GB vouchers
Previously, Qualcomm paid more than US$1 billion in 2010 for 20MHz of BWA spectrum in the 2.3GHz band covering the key circles of Delhi, Mumbai, Haryana and Kerala, while Airtel only managed to gain BWA spectrum in four circles including Kolkata where it launched the country s first TD-LTE network earlier this week. Also Read - Airtel reportedly giving free 1GB high-speed data for 3 days to select users
On the other hand, The Wall Street Journal is more skeptical about this development and notes that Airtel may wait for the 700MHz license auctions and the re-auction of the 2G spectrum after the Supreme Court canceled 122 2G licenses offered in 2008.