Adani Data Networks, the digital connectivity solutions division of the Adani Group, has acquired the rights Penetrate the 5G industrial space with 400MHz spectrum on the 26GHz band.
Group Chairman Gautam Adani said the acquisition of Spektrum is the first step in consolidating the Group’s digital infrastructure portfolio, which includes data centers, terrestrial fiber and submarine cables, industrial cloud, AI innovation labs, cybersecurity and super apps. I said yes. “Adani Group’s entry into the industrial 5G space will enable our portfolio companies to offer a range of new ancillary services that will benefit from all the other digital segments we are building,” he said.
The Group’s broader strategy to digitally integrate its current and future business includes connecting its data centers through a network of submarine and underground cables and building the world’s largest industrial enterprise cloud., This includes developing super apps to provide various services. A world-class artificial intelligence (AI) center of excellence. It enables us to create a range of services that the market today can’t even fully imagine. Adani Group’s participation in the auction is in line with their communique but compared to market expectations. not overwhelming, they added.
Analysts at Ambit Capital said, “The selective purchase of spectrum in Seven Circles clearly demonstrates that the group’s primary intention is private use.” Analysts at MK India Equity Research said in a statement: “We believe spectrum-related payments and a possible entry into the B2C space by Adani are now a thing of the past, with the focus shifting to the amount and timing of tariff increases,” he said. The newcomer got 400 MHz of 26 GHz spectrum for 6 Yen for Rs 212 crore. Andhra Pradesh, Karnataka, Rajasthan and Tamil Nadu purchased 50MHz each and Gujarat and Mumbai 100MHz.
“The company’s acquisition of Spectrum appears to be in line with the company’s goal of using Spectrum to create private networks and enhance cybersecurity for various industrial applications such as airports, seaports and logistics. In addition to low-latency business-to-business networks, we have developed a digital platform business that includes super apps, edge data centers, and industry command and control centers,” analysts at Kotak Institutional Equities said in a statement.
The group said the 5G spectrum is expected to help create an integrated digital platform that will accelerate the pace and scale of the digitization of the group’s core infrastructure, primarily its industry and B2C business portfolios. Accelerating digital empowerment will improve the long-term return on investment, the company says.