Adani Group Plans To Join 5G Telecom Spectrum Race
- 10-Jul-2022
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New Delhi: Billionaire Gautam Adani’s group is reportedly planning to join the 5G telecom spectrum which may post a challenge to Mukesh Ambani’s Reliance Jio and telecom czar Sunil Bharti Mittal’s Airtel.
The sources further added that the registration for participating in the July 26 auction of airwaves, including those capable of providing fifth-generation or 5G telecom services such as ultra-high-speed internet connectivity, closed on Friday with at least four applications.
Till now, only Jio, Airtel and Vodafone Idea — the three private players in the telecom sector – have applied. However, the fourth applicant is Adani Group, one of the sources said, adding that the group had recently obtained National Long Distance (NLD) and International Long Distance (ILD) licences.
