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

Previous Story

‘Rural demand in India all set to rebound’

Next Story

Mistry assures secrecy of ballot in Congress presidential poll

Latest from Business

Ambani’s Jio launches $3.2bn share sale in India

Jio Platforms, the digital and telecommunications business controlled by Mukesh Ambani’s Reliance Industries, has launched a $3.2 billion initial public offering, expected to become India’s largest share sale. The offering comes amid

Cyber Chiefs Urge Urgent PHP Security Update

Cybersecurity agencies in the UK, EU and Australia have warned organisations to install critical PHP security fixes immediately or consider taking vulnerable websites offline amid reports of emerging attacks, reports Asianlite News

UK firms land £330m Africa deals

British exporters are set to benefit from more than £330 million in contracts for schools, water, electricity and government infrastructure projects in Guinea and Benin…reports Africa Daily News Desk British businesses are

US Bans DeepSeek from Government Systems

Washington has barred Chinese AI technology from civilian government agencies, citing wider concerns over security and competition as the US seeks to maintain its lead in artificial intelligence, reports Asianlite News Desk.
Go toTop

Don't Miss

Prioritise Human Rights, New Delhi Tells Beijing

India told China to “continue taking measures to promote gender

Veteran Congress leader Thalekunnil Basheer dies at 79

Apart from being a lawmaker, he also occupied key party