Bharti Airtel to acquire 400 MHz spectrum in 26 GHz band from THIS Adani group company

Bharti Airtel, India’s second-largest telecom provider, informed investors through an exchange filing today, April 22 that it, along with its subsidiary Bharti Hexacom Limited, has entered into definitive agreements with Adani Data Networks Limited (ADNL), a subsidiary of Adani Enterprises, to acquire the rights to use 400 MHz of spectrum in the 26 GHz band.

“Bharti Airtel Limited and its subsidiary, Bharti Hexacom Limited have entered into definitive agreements with Adani Data Networks Limited (ADNL), a subsidiary of Adani Enterprises to acquire rights to use of 400 MHz of spectrum in the 26 GHz band in Gujarat (100 MHz), Mumbai (100 MHz), Andhra Pradesh (50 MHz), Rajasthan (50 MHz), Karnataka (50 MHz) and Tamil Nadu (50 MHz),” the company said in today’s regulatory filing.