Adani Transfers Spectrum Rights to Bharti Airtel

The transfer is significant as Adani group, which bought the spectrum in 2022, was not able to deploy it

- Jatin Grover

The Adani group has effectively shelved its telecom ambitions, agreeing to transfer rights to 400MHz of 26GHz spectrum to Bharti Airtel Ltd for a fee, signaling a pause in its plans to connect its infrastructure assets.

Adani Data Networks, a wholly owned subsidiary of Adani Enterprises Ltd, on Tuesday said it has signed definitive agreements with Bharti Airtel and its arm Bharti Hexacom to transfer the rights to use 400MHz of spectrum in the 26GHz band. With this move, Adani has signaled a pause to its ambitions to use the telecom license and spectrum to connect its ports, airports and other facilities.