Adani group grants Airtel rights to use 5G spectrum
NEW DELHI: In what could signal Adani Data Network’s exit from the telecom sector, the company is set to grant Bharti Hexacom Limited, a subsidiary of Bharti Airtel Limited, rights to use 400 MHz of spectrum in the 26 GHz band.
According to a Tuesday release from Airtel, the transaction is subject to standard conditions, including compliance with Spectrum Trading Guidelines and requisite statutory approvals. The spectrum allocation is distributed across several key regions: Gujarat (100 MHz), Mumbai (100 MHz), Andhra Pradesh (50 MHz), Rajasthan (50 MHz), Karnataka (50 MHz), and Tamil Nadu (50 MHz).