Bharti Airtel Secures Strategic Spectrum Rights from Adani Data Networks
Bharti Airtel and its subsidiary Bharti Hexacom Limited are set to acquire usage rights for the entire 400 MHz spectrum from Adani Data Networks in the 26 GHz band. This acquisition involves regions such as Gujarat, Mumbai, Andhra Pradesh, Rajasthan, Karnataka, and Tamil Nadu.
- Country:
- India
In a strategic move, Bharti Airtel, together with its subsidiary Bharti Hexacom Limited, is positioned to secure the entire 400 MHz spectrum from Adani Data Networks.
The Adani Data Networks had procured this 400 MHz spectrum within the 26 gigahertz band during a 2022 auction for approximately Rs 212 crore.
The acquisition grants Bharti Airtel rights in Gujarat, Mumbai, Andhra Pradesh, Rajasthan, Karnataka, and Tamil Nadu, reflecting a significant expansion in spectrum assets.
(With inputs from agencies.)
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