Once Airtel bought just 4.2MHz & 4.6MHz of Band 8 (900MHz) spectrum for Gujarat & Kerala respectively, from last year auction, I thought WHY?? But now 3MHz & 1.6MHz is available in Gujarat and Kerala respectively now. Man, these big Corporates know, what they are doing.
Last time, Jio sacrificed (??) their 5MHz of Band 5 (850MHz) to Airtel in UP(W) circle (may be that was the deal, who knows). Since more than 5MHz of Band 8 is available in UP(W) now, whether Airtel will pay back that 5MHz to Jio (after buying 900MHz there) like in Mumbai / Delhi / AP circles in last time. May be the FINAL fresh availability of 850MHz spectrum will clear things more.