Airtel boosts 5G power: Acquires significant 26 GHz spectrum from Adani Data Networks Limited
On Tuesday, Bharti Airtel announced that it, along with its subsidiary Bharti Hexacom Limited, will acquire the rights to utilize the complete 400 megahertz spectrum from Adani Data Networks. Adani Data Networks (ADNL) had secured this 400 MHz spectrum in the 26 gigahertz band for approximately Rs 212 crore during an auction held in 2022. According to the announcement, "Bharti Airtel Limited and its subsidiary Bharti Hexacom Limited have entered into definitive agreements with Adani Data Networks Limited (ADNL), which is part of Adani Enterprises, to gain usage rights for 400 MHz of spectrum in the 26 GHz band across several regions: Gujarat (100 MHz), Mumbai (100 MHz), Andhra Pradesh (50 MHz), Rajasthan (50 MHz), Karnataka (50 MHz), and Tamil Nadu (50 MHz)."
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