Adani Group to bid for 5G spectrum auction, has no plans to enter consumer mobility space

Last Update: 10 July 2022, 09:19 AM IST

The Adani Group on Saturday confirmed that it plans to participate in the upcoming auction of 5G spectrum starting July 26. India As the group prepares to launch the next generation of 5G services through this auction, we are one of the many applications participating in the open bidding process, the group said in a statement. However, the company clarified that it has no intention of entering the consumer mobility space. “We do not intend to be in the consumer mobility space,” the statement said.

Talking about its future plans, the group said, “We are looking at providing 5G private network solutions with enhanced cyber security across airports, ports and logistics, power generation, transmission, distribution and various manufacturing operations. Participating in spectrum auction.”

“Moreover, if we are awarded 5G spectrum in open bidding, it would be in line with our recent announcement to significantly increase Adani Foundation’s investments in education, health care and skill development in rural areas, each of which Will benefit from 5G technology. It is mentioned further.

read all breaking news, today’s fresh newswatch top videos And live TV Here.