Gautam Adani’s telecom company is coming to redeem Jio-Airtel-Vi’s sixes!

One of the second richest person in Asia, businessman Gautam Adani is now going to start a new business and this news has created a lot of stir among the people. Let us tell you that after Reliance Jio, Airtel and Vodafone Idea, now the name of another private telecom company can be added to the telecom sector of the country. This new telecom company could be of business tycoon Gautam Adani. Let us know what is his plan and how he is going to step into this sector.

Gautam Adani can step into the telecom sector

For your information, let us tell you that the news is coming out that business tycoon Gautam Adani is going to participate in the auction of 5G spectrum to be held in India. This news has not been confirmed by the Adani Group at the moment and this thing has come to the fore only from the sources. If this news is true, then Adani Group will give tough competition to Airtel, Vodafone Idea and Jio.

5G spectrum auction in India

If you do not know, then let us tell you that the auction of airwaves providing high speed internet is being held at the end of this month i.e. on 26th of July, 2022. According to the news, four applicants have been locked for this auction and the fourth name along with Jio, Airtel and Vi is Gautam Adani’s business, Adani Group. is of.

Some sources say that Adani Garou has been preparing to participate in this auction for a long time. Recently, the Adani Group also acquired National Long Distance (NLG) and International Long Distance (ILD) licenses. Reports say that the Adani Group has joined hands with international company EdgeConnex for a 50-50 venture to build and run large data centers in Chennai, Navi Mumbai, Noida, Vizag and Hyderabad.