Adani Group Confirms Its Entry Into Telecom Sector
Investing Finances
Adani Telecom Spectrum: Adani Group has confirmed its entry into the telecom sector.
Investing Finances
Gautam Adani is entering the 5G spectrum race for its own use in its own port-to-power conglomerate, but a later rollout of the company's consumer side cannot be ruled out.
Investing Finances
Over the weekend, India's richest businessman Gautam Adani confirmed that the Adani Group has applied for an auction of 5G telecom spectrum.
Investing Finances
Gautam Adani is entering the 5G spectrum race for its own use in its own port-to-power conglomerate, but a later rollout of the company's consumer side cannot be ruled out.
Investing Finances
The main aim of Adani Group to join the 5G spectrum is to provide a private network with high cyber security
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For airports, ports and logistics, manufacturing, transmission, distribution and various manufacturing operations in their existing businesses.
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Vodafone Idea and BSNL, shrugged their shoulders. The Vodafone idea is valued at over Rs 28,000 crore - of which 32 per cent is with the government.
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A total of 72,097.85 MHz of spectrum worth at least Rs 4.3 crore will be placed on the block during the auction, which is scheduled to begin on July 26, 2022.