Adani Group may spend Rs 2,800 crore on purchase of 5G spectrum

The Adani Group is likely to spend close to Rs 2,800 crore on buying spectrum in the auctions which will commence from July 26. Its spend will be much less than that of telecom operators like Reliance Jio, Bharti Airtel and Vodafone Idea as it is not going for consumer mobility but only private network solutions.

Industry analysts said that since Adani Group has stated that it would use the spectrum for private network solutions and not for providing voice and data telecom services, it is likely that it would opt for only 24.25-28.5 GHz spectrum band, which is referred to as millimetre band. The reserve price for this spectrum is `6.99 crore per MHz. Telecom analysts said that a quantum of 400 MHz is enough for private network, so the spend would be around Rs 2,796 crore.

The 24.25-28.5 GHz band is a high frequency band where companies do not require to radiate outside. In this spectrum band, only inside radiation is required, therefore it is ideal for private network purposes.