October 13, 2022
1 min read

Adani set to foray into telecom

Adani Group had signalled its intent of entering the telecom sector after it bought 5G spectrum during the recently held auction…reports Asian Lite News

Adani Data Networks Limited is set to kick-start private captive network services as it is learnt to have been granted unified licence for access services.

Sources said that the department of telecom has given Adani Data Networks a unified licence in six circles.

Adani Group had signalled its intent of entering the telecom sector after it bought 5G spectrum during the recently held auction.

After acquiring 5G spectrum, the Adani Group had said that it intends to use it for its data centres and also for the super app it is building to support its forays into various sectors like airport, power and energy sector among others.

Meanwhile, Adani Group Chairman Gautam Adani on Friday made a big announcement of opening a medical college and hospital each in two districts of Rajasthan and a cricket stadium in Udaipur with an investment of Rs 65,000 crore.

Participating in the Invest Rajasthan summit here, Gautam Adani said, “Today I am very happy to attend the summit. We have announced an investment of Rs 65,000 crore. Simultaneously, while talking to Chief Minister Ashok Gehlot, we have got approval for two proposals. Two medical colleges will be opened in Rajasthan. In the districts where there are no medical colleges, it has been agreed that we can contribute by opening medical colleges along with civil hospitals. We also discussed with CM Gehlot and Assembly Speaker C.P. Joshi about building a cricket stadium in Udaipur. On behalf of Adani Foundation and Adani Group, we will provide full cooperation to build the stadium.”

ALSO READ: Inflation in India to come down to 4%: IMF

Previous Story

‘Rural demand in India all set to rebound’

Next Story

Mistry assures secrecy of ballot in Congress presidential poll

Latest from Business

Go toTop

Don't Miss

Mahindra Unveils New XUV700 Variant

Mahindra continues to innovate with fresh offerings, consistently introducing multiple

Border Resolutions: India-China Troops in Action

Chinese Foreign Ministry spokesperson Lin Jian stated that the work