Adani Group has begun to plan its launch in the Telecom space. They plan to launch the 5G services and compete with other Telecom giants. The company requires to sustain an impact in the consumer segment. However, there will be a strong possibility that they could achieve an upper hand in this segment as currently, there are just two telecom firms- Jio and Airtel that have started 5G services in India.
Adani Group will join a new tenure to their services, including industrial cloud capabilities. The company is set to deliver 5G services in India. Hopefully, they will transmit their 5G services in India by the end of 2023.
Adani group to launch private 5G network services this year#ADANI pic.twitter.com/SG88wJa7vV
— Dr. Rakesh Bansal (@iamrakeshbansal) January 5, 2023
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Adani Group 5G services and Other Plans for 2023
Adani Group will improvise its credibility in the consumer segment this year. The services will bring a new competitor to the telecom space. The Adani Data Network has also received Unified License for their services and will soon setup 5G network tower in the cities across India.
Adani Group has invested in 400MHz spectrum and have assigned 26Hz millimeter band for 20 years. The business tycoon is set to invest 211 crore in the 5G telecom services and flourish in the market.
Jio telecom services has already set its foot with 5G services in 26 cities and 33 districts of Gujrat. They have also planned to invest 2 lakh crores in their 5G service plan to set it across the country by the end of 2023.
Airtel has also launched its 5G services a few days back and it has been introduced to 21 cities until now. They might launch their services all over India by March 2024. Moreover, Adani Group is also planning to introduce a few more new business ideas this year including industrial cloud capabilities, 5G services, data centers, Production of AI and ML, and development of B2C apps.
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