Adani Data Network transfers unused 26 GHz spectrum to Airtel after missing rollout obligations

Adani Data Networks, a subsidiary of Adani Group, has announced its decision to transfer its entire spectrum holdings to Bharti Airtel and its subsidiary, Bharti Hexacom. While both companies issued separate statements regarding this transfer, they did not disclose any financial details. This development comes as Adani Data Networks is on the verge of losing its 400 megahertz spectrum in the 26 GHz band due to its failure to meet the rollout obligations within the required timeframe.

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