Adani Group got the Telecom Industry License. Bharti Airtel, Jio is Ready to Compete with Vodafone Idea.
Recently, the 5G service was launched by the Prime Minister in India. On the other hand, the entry of Adani Group into the telecom industry has created panic in the market. In such a situation, Gautam Adani is ready to give competition to the big telecom companies of the country. Adani is ready to offer its services in the Name of ADNL, i.e., Adani Data Network Limited.
Officially Given a license on Monday.
According to PTI, quoting sources, it was told that the license had been given to Adani Group. ADNL has approved the auction of the 5G spectrum for 20 years using the 26GHz band at 400 MHz for Rs. 212 crores. Adani Group has already made its mark in coal, Port Green Energy, etc. After getting the license from Adani Group, now there is direct competition with Reliance Jio. By doing this, the general public can now get benefits. where only three telecom companies in the country have taken possession Now, with the arrival of the same Adani Group, new options have opened for the customers.
Jio Airtel and Vodafone India will Get Direct Competition.
With Jio, Airtel, and Vodafone India is going to get into direct competition with Adani Group, which is getting a telecom license in the country. As we got to seen in the past, telecom companies had imposed arbitrary prices of their own free will. It was affecting the pockets of the general public a lot. Where earlier, a 3-month plan was available for around Rs 500. Now the same facilities are available for around Rs 750.
Gautam Adani is the Second Richest Person in the World.
Gautam Adani has been in the headlines for the last few years. Where Adani is the second richest person in the world, he is investing continuously in almost all sectors. After recently investing in ACC Cement and Ambuja Cement, the Adani Group is now ready to make a mark in the telecom industry.
Gautam Adani also Invested in Big Media Like The Quint, and NDTV.
Sometime back, Gautam Adani bought a 49% stake in The Quint Media. Because of that, Gautam Adani has made a lot of headlines. Recently, Gautam Adani has also bought a 30% stake in the country’s Top Media NDTV Network. Due to this, the Dominance of Gautam Adani increased further. Adani Group has spread its feet well in almost all the country’s major industries. In the coming months, we will get to see how Adani Telecom enters the Market with its Good offers.
Read More: NCLT approves Adani Ports’ acquisition of 58.1% share in Gangavaram Port
