Adani Data Networks Limited is a public company established on December 22, 2021, per business listing platforms in India. It is a public limited company headquartered in Ahmedabad, Gujarat.
It has a total paid-up capital of INR 250.00 Cr and an authorized share capital of INR 250.00 Cr. According to reports, Adani Data Networks Limited has approved a unified license for universal access.
As a result, the company will be able to deliver all telecom services across the country. The company spent Rs 212 crore to acquire a 400 MHz spectral range in the 26 GHz band.
In its application to participate in the auctions, Adani Data Network stated that it had acquired a letter of intent from the DoT for a Unified License with approval for NLD/ILD/ISP-B in the Gujarat circle. These were different from the company's current Unified License for Access Services.
"UL (AS) has been awarded to Adani Data Networks," an official source stated. According to another authority, the permission was obtained on 11th Oct 2022.
The Adani Group previously stated that it intends to use airwaves for data centers. It is also developing a super app to support businesses ranging from electricity distribution to airports and gas retailing to ports.
"The newly gained 5G spectrum is intended to help to the development of a unified digital service.". This will ramp up the pace and scale of the Adani group's digitalization of its core infrastructure, primary industry, and B2C business portfolio," the group said in a statement.
Furthermore, Adani Enterprises has leased 4.64 lakh square feet of space at its Noida data center to Raiden Infotech, a Google subsidiary, for Rs 11 crore per month, according to records obtained by CRE Matrix. According to the PTI report, the data analytics firm revealed that D C Development Noida Ltd had leased the space at the Adani data center for ten years.
The leasing deal was inked last month, according to the paperwork. Adani Enterprises launched an equal joint venture with renowned global data center operator EdgeConneX in February 2021 to construct and manage data centers across India.
To begin, the JV revealed plans to create a network of hyper-scale data centers in India, starting with Chennai, Navi Mumbai, Noida, Vizag, and Hyderabad. In July 2021, Noida Authority granted Adani Enterprises 34,275 square meters of land in Sector 62 to construct a data center with an expenditure of around Rs 2,400 crore.
According to the statement, its 5G spectrum application aims to provide private network solutions and increase cyber security in airports, ports, logistics, power production, transmission, distribution, and other manufacturing processes.
Furthermore, the online reputation management services of Adani Group may employ 5G airwaves to improve access to healthcare, education, and skill-development opportunities in rural areas—areas in which it aims to increase investment through the Adani Foundation. The announcement did not mention how the proposed expenditures in the areas will use 5G frequencies.
The firm's larger brand-building services strategy calls for integrating its data centers via submarine and terrestrial cables. Building the world's largest industrial operations cloud, developing the super app to provide various services to its 400 million users, and establishing a world-class AI center of excellence is the vision.
He projected that this volume would be exponentially larger and created at the periphery in a country like India, where Tier 2 and 3 cities have the largest overall development. There are several factors: One is the pre-existing brands from which all contemporary telecoms profit. Second, 5G will not undergo significant spread right away.
As a result, placing a significant investment in it would necessitate a protracted time of waiting for returns. That would have been a better move for the company in the long run.