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What TV doesn't, print can't; we deliver.
NEW DELHI: The Adani group on Monday announced its foray into industrial 5G space after they acquired 400 MHz of the spectrum in the 26GHz millimetre wave band in the 5G airwaves auction.
Adani Data Networks Ltd (ADNL), the digital connectivity solutions arm of the Adani Group, secured this spectrum for 20 years in the first ever 5G spectrum auction conducted by the Govt of India’s Telecommunications Department.
The newly acquired 5G spectrum is expected to help create a unified digital platform that will accelerate the pace and scale of the Adani Group’s digitisation of its core infrastructure, primary industry and business-to-consumer (B2C) business portfolio, the group said on Tuesday.
The acceleration of digital enablement will have a long-term improvement in the rate of return on assets. “Acquiring 400MHz of the spectrum is the Group’s first step in integrating its digital infrastructure portfolio, which includes Data Centres, Terrestrial Fibre and Submarine Cables, Industrial Cloud, AI Innovation Labs, Cybersecurity and SuperApps,” the group said.
Gautam Adani, chairman of Adani group, said, “We must compliment the transparent and efficient process of this first 5G multi-band multi-round multi-player spectrum auction. It is a great manifestation of the digital expertise our government brings in the journey to an Atmanirbhar Bharat.
“5G solves our nation’s connectivity needs in unprecedented ways and will be crucial in helping us prepare the IT infrastructure we need for the future,” he added.
“The Adani Group’s foray into the industrial 5G space will allow our portfolio companies to offer a set of new add-on services that capitalizes on all the other digital segments we are building,” he added.
“Given that our portfolio is a highly distributed asset intensive investment that is being revolutionized by sensorisation and fast becoming the Internet of Things (IoT) enabled, we believe the next data surge will be created more by machines than by people as all devices get interconnected. This data will need to be streamed, stored, processed, and analysed by other machines in real-time and this capability will change every single industry,” he further added.
“It will help build a set of services that the market cannot even fully conceptualize today. This volume will be exponentially higher and generated at the edges, especially in a country like India, where the Tier 2 and 3 cities are witnessing the fastest all-round growth,” Adani explained.
The Group’s broader strategy to digitally integrate its current and future businesses include linking its Data Centres through a network of submarine and terrestrial cables, building the largest industrial operations cloud in the world, developing the super app to offer a suite of services across its consumer base of 400 million, and establishing a world-class AI centre of excellence.
