Adanis to buy spectrum for private network use; Group confirms auction participation

The Adani Group on Saturday confirmed that it is participating in the upcoming 5G auctions. It said in a statement that the spectrum acquired through auctions will be used for private network solutions.

FE was the only newspaper to have reported in its Saturday edition that the Adani Group’s entry into spectrum auction is for private network purposes and not for providing voice and data telecom services to consumers. “We are participating in the 5G spectrum auction to provide private network solutions along with enhanced cyber security in the airport, ports and logistics, power generation, transmission, distribution, and various manufacturing operations,” Adani Group said in a statement Saturday.