In November 2015, Videocon entered into an agreement with Idea Cellular Ltd. to sell its spectrum in Gujarat and Uttar Pradesh (West) for ₹3,310 crore (US$380 million).

[6][7] Videocon's operations in the Punjab circle are run through its wholly owned subsidiary Quadrant Televentures Ltd (formerly HFCL Infotel).

Quadrant's holdings were not a part of the sale to Airtel, and the company continues to offer GSM mobile services in Punjab.

In response, TRAI ordered Quadrant to surrender its Unified Access Service License (UASL) for the Punjab telecom circle.

On December 21, 2017, the Central Bureau of Investigation court exonerated all the accused, including the former telecom minister A. Raja, in the 2008 2G spectrum case.