Adani Group To Bid For Telecom Spectrum
Recently there is a news comping that the Indian based companies are bidding for the auction of the spectrum network that will make them the leading companies that will be providing a 5G network in India and the 5G internet speed Is recently launched in India and the companies are introducing this 5G network in India. and the companies that are busy bidding and taking part in auctions are Adani, Jio, Airel, and Vodafone Idea are the leading companies and in this battle to have the 5G spectrum heating up in India,
companies that will be providing 5G are here on BioTV.org you will offend the full detailed description of this matter of 5G just continue reading belie. As recently on Tuesday as these leading companies are looking forward to making a hold on this 5G telecommunication industry and taking over the market, this auction for the spectrum will be going to start on jury 26, 2022,
Adani data network, reliance bio, and Bharti Airtel are the main runner up and these three companies are looking for a quick takeover of the auction. Applications that the government has received from the companies for participation in the 2022 auction for the authority over the spectrum in the frequency which is most demanded by the companies is as 600 Mhz, 800Mhz, 900Mhz, 1800Mhz, 2100Mhz, 2300Mhz, 2500Mhz, 3300Mhz, 26 GHz.
All these frequencies are the most demanded by these companies to cover the market need which most of the frequent lying between 600 to 3300 MHz, as this frequency is most used by the industrial and normal house hols internet consumption, and the companies are looking forward to occupying the most numbers of costumers that will like in between this category.
this is the requirement of companies that are applying for the spectrum and till July 19 these applications are allowed by the government to withdraw their nomination. As for the auction, there is a total of 72097.85 Mhz of the spectrum will be put in the block of the auction which will be the equal total sum worth Rs 4.3 lakh crores as the auction is scheduled for July 26th, 2022.
people aware of the market are asking questions about why Adani is taking part in the auction as reliance Jio and Bharti Airtel are expected to see competing in the auction and these companies are the most active in this market where Jio has already established the wire lines underground and ready to acquire the network and Airtel is having the maximum no of customers and also proactive to have the network.
Adani group said in a media report that they need to acquire the spectrum for the support and to organize a privet network to support its business which is to supply power to the airport from their data centers.