Latest news with #BhartiHexacomLimited
Hans India
23-04-2025
- Business
- Hans India
Airtel to acquire 400 MHz spectrum in 26 GHz band from Adani Data Networks Limited
New Delhi, April 22, 2025: Bharti Airtel Limited and its Subsidiary, Bharti Hexacom Limited ('Airtel' or 'Company') have entered into definitive agreements with Adani Data Networks Limited (ADNL), a subsidiary of Adani Enterprises to acquire rights to use of 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). The closing of the transaction is subject to satisfaction of the standard conditions (including conditions stated in the Spectrum Trading Guidelines) and statutory approval(s). About Bharti Airtel Limited: Headquartered in India, Airtel is a global communications solutions provider with over 550 million customers in 15 countries across India and Africa. The company also has its presence in Bangladesh and Sri Lanka though its associate entities. The company ranks amongst the top three mobile operators globally and its networks cover over two billion people. Airtel is India's largest integrated communications solutions provider and the second largest mobile operator in Africa.
News18
22-04-2025
- Business
- News18
Airtel To Acquire Entire 400 Mhz Spectrum Of Adani Data Networks
Bharti Airtel on Tuesday said the company along with its subsidiary Bharti Hexacom Limited will acquire rights to use entire 400 megahertz spectrum of Adani Data Networks. Adani Data Networks (ADNL) had acquired 400 Mhz spectrum in 26 gigahertz band for about Rs 212 crore through an auction held in 2022. 'Bharti Airtel Limited and its subsidiary Bharti Hexacom Limited have entered into definitive agreements with Adani Data Networks Limited (ADNL), a subsidiary of Adani Enterprises, to acquire rights to use of 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)," the statement said.
Time of India
22-04-2025
- Business
- Time of India
Airtel to acquire entire 400 Mhz spectrum of Adani Data Networks
Bharti Airtel on Tuesday announced the company, along with its subsidiary Bharti Hexacom Limited, would acquire rights to use entire 400 megahertz spectrum of Adani Data Networks ( ADNL ). ADNL had acquired 400 Mhz spectrum in 26 gigahertz band for about Rs 212 crore through an auction held in 2022. "Bharti Airtel Limited and its subsidiary Bharti Hexacom Limited have entered into definitive agreements with Adani Data Networks Limited (ADNL), a subsidiary of Adani Enterprises , to acquire rights to use of 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)," the statement said.
