Latest news with #AdaniDataNetwork
India.com
25-04-2025
- Business
- India.com
Bad news for Mukesh Ambani as Sunil Mittal's Airtel gets rights to use..., Mittal receives support from...
Bad news for Mukesh Ambani as Sunil Mittal'a Airtel gets rights to use..., Mittal receives support from... Adani Data Network seems stepping back from the telecom sector. The company has decided to give Bharti Hexacom Limited, a part of Bharti Airtel, the rights to use 400 MHz of spectrum in the 26 GHz band. Airtel shared this news on Tuesday, saying the deal will follow standard rules, including the Spectrum Trading Guidelines and required government approvals. The spectrum is divided across six major areas: 100 MHz each in Gujarat and Mumbai, and 50 MHz each in Andhra Pradesh, Rajasthan, Karnataka, and Tamil Nadu. Adani Data Network holds a 'Unified License for Access Services', which allows it to offer all types of telecom services in India. The company entered the telecom field in 2022 by joining the 5G spectrum auction along with Jio, Airtel, and Vodafone Idea. It bought 400 MHz of spectrum in the 26 GHz band for Rs 212 crore. The holdings were the same as mentioned above. After getting the license, many believed Adani might start consumer mobile services and compete with Jio and Airtel. But Adani later said the spectrum would only be used for business purposes, such as in its data centers, airports, gas stations, and ports and not for general public telecom services. Since the auction, Adani has not launched any telecom service or joined any other spectrum auctions. But the company has been fined for not meeting rollout requirements tied to its spectrum. According to the Department of Telecommunications (DoT), if a company owns 5G spectrum in the 3.3–3.5 GHz band, it must start services in at least one metro city and one non-metro city within one year. For the 26 GHz band, companies must start services in their licensed area within a year. If not, they face fines, Rs 1 lakh per week for the first 13 weeks, and Rs 2 lakh per week for the next 13 weeks. Also, companies can only give up the spectrum after 10 years. Only then can they get back part of the money paid and give up their rights for the next 10 years.
India Today
23-04-2025
- Business
- India Today
Adani exits telecom play, transfers entire spectrum to Airtel
Adani Data Network has decided to transfer its entire spectrum holding to Bharti Airtel and its subsidiary Bharti Hexacom. Both companies confirmed the deal in separate statements on Tuesday, but did not share the financial details of the move marks Adani Group's exit from the telecom spectrum space, just three years after acquiring airwaves in a government auction. The development comes at a time when Adani Data Network was at risk of losing its entire 400 megahertz (MHz) spectrum in the 26 Gigahertz (GHz) band for not meeting its roll-out 2022, Adani Data Networks acquired 400 MHz of spectrum for around Rs 212 crore during the 5G spectrum auction. As per auction rules, any company acquiring spectrum in the 26 GHz band is required to begin commercial services within 12 months in at least one location in each telecom circle where the spectrum is a statement, the Adani Group said, 'Adani Data Networks Limited (ADNL), a wholly-owned subsidiary of Adani Enterprises Ltd, has signed definitive agreements with Bharti Airtel Ltd and its subsidiary Bharti Hexacom Ltd to transfer the rights to use 400 MHz of spectrum in the 26 GHz band.'Bharti Airtel also issued a statement confirming the deal. 'Bharti Airtel Limited and its subsidiary Bharti Hexacom Limited have entered into definitive agreements with Adani Data Networks Limited to acquire rights to use 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),' Airtel Data Networks would have completed three years of spectrum allocation by August 2025. As per government rules, by the end of the third year, spectrum holders in the 26 GHz band must have at least 90 network sites active in each circle where they hold to meet these targets can lead to financial penalties. The penalty structure includes a fine of Rs 1 lakh per week for the first 13 weeks after the deadline. This increases to Rs 2 lakh per week for the next 13 weeks and Rs 4 lakh per week for the next 26 weeks. The maximum penalty for each phase is capped at Rs 1.40 the delay continues beyond 52 weeks, the spectrum may be taken back by the government, and any bank guarantees submitted during the auction can be encashed to recover the unpaid fines. advertisement
New Indian Express
22-04-2025
- Business
- New Indian Express
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). Adani Data Network holds a unified license for access services, enabling it to offer all telecom services in India. The company made headlines in 2022 when it entered the telecom space by participating in the spectrum auction alongside Reliance Jio, Bharti Airtel, and Vodafone Idea. It acquired 400 MHz in the 26 GHz band for Rs 212 crore during the July 2022 auction. The holdings include 100 MHz each in Gujarat and Mumbai, and 50 MHz each in Tamil Nadu, Karnataka, Andhra Pradesh, and Rajasthan. Following the acquisition of the unified license, there was speculation that Adani might enter the consumer telecom market, potentially becoming a competitor to Reliance Jio and Bharti Airtel. However, the company later clarified that the spectrum would be used for its enterprise operations—such as data centers, airports, gas retail, and port infrastructure—rather than for public telecom services. Since the auction, Adani has not launched any telecom services or participated in subsequent spectrum auctions. However, it has continued to incur penalties for not meeting the rollout obligations tied to its spectrum holdings. According to the Department of Telecommunications (DoT), for 5G spectrum in the 3.3–3.5 GHz band, telecom operators must commercially launch services in at least one metro area and one city or town in a non-metro area within the first year of acquisition. For the 26 GHz band, operators are required to roll out commercial services anywhere in the licensed service area within a year. Failure to meet these obligations results in penalties of Rs 1 lakh per week for the first 13 weeks, increasing to Rs 2 lakh per week for the next 13 weeks. Additionally, spectrum can only be surrendered after 10 years. Only then can a company reclaim the amount paid for the airwaves and relinquish its rights for the following 10 years.
