Adani Group confirmed its participation in the upcoming 5G spectrum auction, but clarified that it was not aiming to launch services in consumer mobility.
“As India prepares to launch the next generation of 5G services through this auction, we are one of the many applicants participating in the open bidding process,” the group said in response to queries sent on Friday.
“We do not intend to be in the consumer mobility space,” it added.
The group said it will use 5G to provide private network solutions in airports, seaports, power generation and transmission, among its other businesses.
“We are participating in the 5G spectrum auction to provide private network solutions along with enhanced cyber security across airports, ports and logistics, power generation, transmission, distribution and various manufacturing operations.”
It further added that if it were to get 5G spectrum in open bidding, it would be in line with the group’s recent announcement that there has been a significant increase in Adani Foundation’s investments in education, health care and skill development in rural areas. .
“In addition, as we build our own digital platform incorporating SuperApps, edge data centers, and industry command and control centers, we need to provide ultra-high-frequency and low-latency 5G networks across all of our businesses. Quality data streaming capabilities will be required,” the group added.
The statement comes amid sources saying that existing telecom players – Bharti Airtel, Reliance Jio and Vodafone Idea – have also expressed interest in bidding for 5G airwaves. All three carriers are heavily invested in the consumer mobility space, serving nearly 1 billion consumers between them.
Carriers alike are betting on 5G to provide captive networks for enterprises that will add additional revenue to their existing business flows.