industry telecommunications fate shut down following sale of spectrum to bharti airtel founded 2008 defunct 11 may 2016 headquarters gurgaon haryana india products mobile telecommunication parent videocon group website www.videocontelecom.com videocon telecommunications limited formerly videocon mobile services was an indian cellular service provider that offered gsm mobile services in india under the brand name videocon . the company was a subsidiary of the videocon group and was headquartered at gurgaon haryana . 1 videocon launched its services on 7 april 2010 in mumbai . at its peak videocon held licences to provide mobile services in 18 out of 22 telecom circles of india . however videocon launched commercial services only in 11 out of the 18 circles it held licences in . following the 2g spectrum scam the supreme court cancelled 122 licences issued by the indian government in 2008 including 21 licences belonging to videocon . in the 2012 spectrum auction videocon won back licences in 6 circles . 2 on 16 march 2016 videocon sold its spectrum in all six circles it operated in to bharti airtel . videocon shut down its network and discontinued operations in the gujarat and up west circles on 26 december 2015 and in the haryana madhya pradhesh bihar and up east circles on 11 may 2016 exiting the telecom sector . sale of spectrum edit in november 2015 videocon entered into an agreement with idea cellular to sell its spectrum in gujarat and uttar pradesh west for 3 310 crore us 490 million . by march 2016 airtel offered to purchase spectrum in all six circles in which videocon operated for 4 428 crore us 660 million . videocon had been looking to exit the telecom sector for some time and on 16 march 2016 airtel announced that it had entered into a definitive agreement with videocon subject to standard regulatory approvals to purchase 2 x 5 mhz spectrum in the 1800 mhz band in all six circles that videcon had been allotted by the government . 3 4 5 on 24 may 2016 airtel announced that the deal had successfully been completed . 6 7 references edit archived copy . archived from the original on september 21 2013 . retrieved september 20 2013 . videocon to shut down gsm operations in 11 circles including mumbai asks customers to port out before 18 january telecomtalk.info http www.livemint.com companies l1eazaqvxi0jpiwpymy0ij bharti airtel buys spectrum rights from videocon.html http telecom.economictimes.indiatimes.com news airtel to acquire videocon spectrum in 6 circles for rs 4428 crore to take on reliance jio 51437812 http www.hindustantimes.com business bharti airtel buys videocon telecom for rs 4 428 cr story xgcnextbabck8wuyekovwn.html http timesofindia.indiatimes.com tech tech news airtel completes acquisition of videocons spectrum in six circles articleshow 52430649 . cms http gadgets.ndtv.com telecom news airtel completes deal to acquire videocon telecoms spectrum in 6 circles 841637 external links edit official website v t e telecommunication companies of india mobile network operators aircel airtel cellone idea jio mtnl mts reliance t24 mobile tata docomo telenor vodafone defunct mobile operators loop mobile orange s tel spice telecom videocon virgin mobile internet service providers airtel broadband bbnl beam fiber bsnl gailtel hathway mtnl primenet railtel reliance jio sify spectranet spice communications tata teleservices tikona broadband dth operators abs free dish airtel digital tv dd free dish dish tv reliance digital tv sun direct tata sky videocon d2h zing digital retrieved from https en.wikipedia.org w index.php title videocon telecom & oldid 743368431 categories mobile phone companies of indiatelecommunications companies of indiacompanies based in mumbaitelecommunications companies established in 2008technology companies disestablished in 2016hidden categories use indian english from june 2013all wikipedia articles written in indian englishpages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages edit links this page was last modified on 9 october 2016 at 10 09 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view