Adani Group to launch 5G network services in 2023

09 Jan 2023 CW Team

Adani Group, the newest entrant in the telecom space, is looking to launch 5G services for enterprises in 2023. The Indian conglomerate also announced that it would be launching consumer apps this year as part of its digital strategy.

Gautam Adani said they will invest in expanding the network of data centres, building AI-ML and industrial cloud capabilities, along with rolling out 5G services and launching B2C apps. “All of these are the big ticket, independent yet mutually connected digital opportunities, that are backed by our adjacency in the energy business,” he said.

The Gujarat-based energy-to-consumer goods conglomerate surprised industry incumbents when it took part in 5G auctions in 2022. While Adani has not purchased spectrum across all 5G bands and thus cannot provide consumer telephony, the conglomerate parted with Rs 2.12 billion to buy 400MHz spectrum in the mm-wave band. Adani is gunning to provide private network services to enterprises, including its own.

However, telecom operator Bharti Airtel beat Adani to the punch, bagging the first private 5G network deal with Mahindra Group late last year. Reliance Jio has also indicated that private 5G will be a key avenue for monetisation for the operator in the future.

Other entities, such as IT major TCS, could also participate in the private network market. They are awaiting spectrum assignment rules from the DoT and TRAI, who are still deliberating the spectrum bands, which will be given to enterprises for private network use through administrative allocation.

Also Read
BMC would spend INR 60 billion to pave 400 km of roads
New highways between Kolhapur and Sangli approved for INR 1,130 crore

Real Estate

31 Oct 2025

Birla Estates Tops Global GRESB 2025 Rankings

Birla Estates (BEPL), a wholly owned subsidiary of Aditya Birla Real Estate (formerly Century Textiles and Industries Limited), has been recognised as a Sector Leader in the 2025 GRESB Real Estate Assessment, securing top honours across multiple global and regional categories.Birla Estates’ Achievements in GRESB 2025:Global Sector Leader – ResidentialGlobal Sector Leader – Non-Listed ResidentialRegional Sector Leader – Asia – ResidentialRegional Sector Leader – Non-Listed – Asia – ResidentialThese distinctions reaffirm Birla Estates’ exceptional performance in Environmental, ..

Progota India Secures RDSO Clearance for Kavach 4.0

Concord Control Systems, one of India’s leading manufacturers of embedded electronic and critical system solutions, announced that its associate company, Progota India, has received Technical Prototype Clearance from the Research Designs and Standards Organisation (RDSO) for Kavach 4.0, the latest version of Indian Railways’ indigenous Automatic Train Protection (ATP) system.With this clearance, Progota has been formally approved to execute its ongoing trial order from South Central Railway, marking a key milestone in India’s railway modernization journey. The approval also establishes P..

MPS Interactive Systems Completes Full Acquisition of Liberate Group

MPS Interactive Systems (MPSi), a material subsidiary of MPS, has completed the acquisition of the remaining shareholding in the Liberate Group of Companies—comprising Liberate Learning, App-eLearn, and Liberate eLearning.With this transaction, MPSi now holds 100 per cent ownership of all entities within the Liberate Group, making them its wholly owned subsidiaries. The acquisition was executed in line with the valuation methodology defined in the original transaction documents.Commenting on the development, Rahul Arora, Chairman and CEO of MPS, said, “The corporate learning sector continu..