5G spectrum auctions are set to commence in India on July 26 and ahead of this, we have now learned that Adani Group will also be a participant to take on Reliance Jio, Airtel, and Vodafone Idea (Vi). Here are the details to know.
Gautam Adani-led Adani Group has confirmed that it is participating in the 5G spectrum auction via a statement to The Economic Times. It is revealed that the company will use the spectrum to create a private network for smooth working at the airport, ports & logistics, power generation, transmission, distribution, and various manufacturing operations.
Furthermore, the 5G rollout is slated to begin in August and is likely to be deployed in around 20 to 25 cities like Delhi, Jamnagar, Hyderabad, Lucknow, Mumbai, Ahmedabad, Chandigarh, Bengaluru, Chennai, Gandhinagar, Pune, Gurugram, and Kolkata by the end of this year. We shall get more details on the progress of the 5G rollout in India soon. So, stay tuned for more information.
