Mumbai: It’s Official: The Adani The group is in the fray for India’s first 5G spectrum auction. The Ahmedabad-based enterprise on Saturday confirmed its participation, which is against Mukesh Ambani‘s Reliance Jio, Sunil Bharti Mittal‘s Airtel and Kumar Mangalam Birla’s Vodafone Idea in the telecom sector.
However, the Adani Group has clarified that it has no interest in the consumer mobility space and is only looking to complete its in-house businesses in the race to sell 5G airwaves.
whereas liveThe participation of Airtel and Vodafone Idea was expected in the 5G spectrum auction, with Adani throwing its hat in the race by surprise. July 8 was the last date for submission of applications for the auction.
Adani Group said, “We are participating in 5G spectrum auction to provide enhanced cyber security as well as private network solutions for airports, ports and logistics, power generation, transmission, distribution and other manufacturing operations. ”
It added that access to 5G spectrum will help the group build digital platforms and data center capabilities. “Furthermore, as we build our own digital platform incorporating SuperApp, edge data centers and industry command and control centers, we are expected to deliver ultra-high quality connectivity through high frequency and low latency 5G networks across all of our businesses. Data streaming capabilities will be required. ,
The company said that if it is awarded 5G spectrum, it will be in line with its recent announcement of a significant increase in Adani Foundation’s investments in education, healthcare and skill development in rural areas. Last month, the Ahmedabad-based group said its promoters, including its chairman gautam adanihas committed to donate Rs 60,000 crore ($7.7 billion) to social causes. The fund will be operated by Adani Foundation.
The pre-qualification of 5G spectrum bidders is listed on July 18 and the fake auctions on July 22 and 23. As per Telecom regulations of India, new entities can participate in the auction provided they have a unified license to offer mobile/data services in the country. , The group recently received national long distance (NLD) and International Long Distance (ILD) licenses.
However, the Adani Group has clarified that it has no interest in the consumer mobility space and is only looking to complete its in-house businesses in the race to sell 5G airwaves.
whereas liveThe participation of Airtel and Vodafone Idea was expected in the 5G spectrum auction, with Adani throwing its hat in the race by surprise. July 8 was the last date for submission of applications for the auction.
Adani Group said, “We are participating in 5G spectrum auction to provide enhanced cyber security as well as private network solutions for airports, ports and logistics, power generation, transmission, distribution and other manufacturing operations. ”
It added that access to 5G spectrum will help the group build digital platforms and data center capabilities. “Furthermore, as we build our own digital platform incorporating SuperApp, edge data centers and industry command and control centers, we are expected to deliver ultra-high quality connectivity through high frequency and low latency 5G networks across all of our businesses. Data streaming capabilities will be required. ,
The company said that if it is awarded 5G spectrum, it will be in line with its recent announcement of a significant increase in Adani Foundation’s investments in education, healthcare and skill development in rural areas. Last month, the Ahmedabad-based group said its promoters, including its chairman gautam adanihas committed to donate Rs 60,000 crore ($7.7 billion) to social causes. The fund will be operated by Adani Foundation.
The pre-qualification of 5G spectrum bidders is listed on July 18 and the fake auctions on July 22 and 23. As per Telecom regulations of India, new entities can participate in the auction provided they have a unified license to offer mobile/data services in the country. , The group recently received national long distance (NLD) and International Long Distance (ILD) licenses.