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Adani mulls surrendering 5G spectrum
Mint Mumbai
|November 21, 2024
Adani Data Networks, a subsidiary of Adani Enterprises, which bought 5G spectrum in the 26 GHz band in the 2022 auctions, is mulling surrendering the airwaves after over two years of not using them, said four people aware of the development.
The company has not formally communicated its intent to surrender the airwaves but neither has it shared details of whether or how it intends to use the airwaves, two senior government officials said.
"We're yet to get any details from them on what they plan to do with the spectrum. There have been some mentions of returning the airwaves but nothing has been communicated formally," one of the officials said, asking not to be named as the discussions were not in public domain.
Adani Data Networks had said the spectrum would be used for its own private network. One of the officials said that it was continuing to pay penalties for not meeting minimum rollout obligations.
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