Latest news with #SpectrumTradingGuidelines
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.
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Business Standard
23-04-2025
- Business
- Business Standard
Bharti Hexacom hits all time high after 400 MHz deal with Adani firm
Bharti Hexacom share price: Shares of Bharti Hexacom gained 3.3 per cent in trade, registering an all time high at ₹1,695.45 on the BSE. At 11:52 AM, Bharti Hexacom shares were trading 2.16 per cent higher at ₹1,675.15 per share on the BSE. In comparison, the BSE Sensex was up 0.28 per cent at 79,817.14. The market capitalisation of the company stood at ₹83,757.5 crore. The 52-week high of the stock was at ₹1,695.45 per share and 52-week low of the stock was at ₹854.05 per Bharti Airtel stock was down 0.11 per cent at ₹1,850 per share on BSE. Why did Bharti Hexacom shares hit all time high today? The stock was in demand after the company along with Bharti Airtel inked agreements with Adani Data Networks Limited, a subsidiary of Adani Enterprises to acquire rights to use 400 MHz of spectrum. As per the agreements, Bharti Airtel and its subsidiary, Bharti Hexacom will 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). "The closing of the transaction is subject to satisfaction of the standard conditions (including conditions stated in the Spectrum Trading Guidelines) and statutory approvals," the filing read. That apart, in other developments, Bharti Airtel gained the most number of subscribers in January, with 1.65 million new wireless users, while Reliance Jio added 0.68 million users, data from the Telecom Regulatory Authority of India (Trai) showed on Monday. Airtel's mobile wireless market share continued to inch up in January, at 33.61 per cent. The overall number of mobile phone connections in India increased by 0.55 per cent in January. The high growth rate was due to Trai changing its subscriber reporting norms from January onwards, which now require 5G fixed wireless access (FWA) subscriptions to be counted as wireless subscribers, as opposed to wireline subscribers, as had been the case so far. Also Read: About Bharti Airtel 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 through its associate entities. The company ranks amongst the top three mobile operators globally and its networks cover over two billion people. About Bharti Hexacom Bharti Hexacom is a communications solutions provider offering consumer mobile services, fixed-line telephone and broadband services to customers in the Rajasthan and the North East telecommunication circles in India, which comprises the states of Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura. It offers services under the brand 'Airtel'. Airtel is a global communications solutions provider with over 550 million customers in 17 countries across South Asia and Africa
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.
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.
Mint
22-04-2025
- Business
- Mint
Adani halts telecom ambitions, transfers spectrum rights to Bharti Airtel
The Adani group has effectively shelved its telecom ambitions, agreeing to transfer rights to 400MHz of 26GHz spectrum to Bharti Airtel Ltd for a fee, signalling a pause in its plans to connect its infrastructure assets. Adani Data Networks, a wholly owned subsidiary of Adani Enterprises Ltd, on Tuesday said it has signed definitive agreements with Bharti Airtel and its arm Bharti Hexacom to transfer the rights to use 400MHz of spectrum in the 26GHz band. With this move, Adani has effectively signalled a pause to its ambitions to use the telecom licence and spectrum to connect its ports, airports and other facilities. Notably, Adani has paid around ₹ 57 crore to the department of telecommunications (DoT) for the spectrum purchase and the remaining amount of over ₹ 150 crore (excluding interest) will be paid by Airtel to DoT over the years, officials aware of the matter said. In addition to the payment, there will be an interest component in the yearly instalment method, officials added. The spectrum trading assumes significance as the Adani group, which acquired the spectrum for ₹ 212 crore in a 2022 auction, was not able to deploy it for connectivity in its ports, airports, logistics, power plants, etc. 'Airtel has taken over the payment obligation from Adani. Now onwards, Airtel will pay the annual amount to DoT in August every year,' an industry executive said, asking not to be identified. The 26GHz band is crucial for enterprise connectivity and would be required for telecom operators to build capacity going forward to handle the increase in traffic on 5G, analysts said, adding that the band has less device ecosystem and is not being put to use widely. Telecom operators Jio and Airtel have been using some 26GHz spectrum band in rolling out the fixed wireless access (FWA) broadband services as well. 'The spectrum covers six telecom circles—Gujarat (100MHz), Mumbai (100MHz), Andhra Pradesh (50MHz), Rajasthan (50MHz), Karnataka (50MHz) and Tamil Nadu (50MHz),' Adani Enterprises said in an exchange filing. In a separate filing, Airtel said, '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).' In July 2022, Adani Data bought 400MHz of spectrum in the 26GHz band after acquiring the unified licence, which is needed to provide telecom services. At that time, the Adani group clarified that it will not provide consumer mobility service and use the spectrum for private captive networks for connectivity in ports, airports, logistics, power generation, etc. 'The 26GHz band is yet to find a use case worldwide. There is no benefit for Airtel at the moment, but the spectrum has future potential once the ecosystem grows. There will be a requirement for enterprise connectivity and industrial automation solutions through captive private networks,' said Satya N. Gupta, former principal adviser at the Telecom Regulatory Authority of India (Trai). The private network as a use case for 5G, however, has not picked up so far in the country, according to Gupta. Lately, DoT also sent multiple communications to Adani Group asking why the company was not able to meet minimum rollout obligations of launching 5G services, officials said, adding that the company was looking at the option to surrender or trade the spectrum as it was unable to find use-cases for its deployment. At that auction, Airtel had acquired 17,600 MHz of 26GHz spectrum for ₹ 5,592 crore. Adani, however, continues to hold the unified licence, which means that it can enter the telecom sector whenever it wants to at a later stage, another industry executive said. First Published: 22 Apr 2025, 09:21 PM IST
