scorecardresearchAdani's 5G entry: Airtel falls 5%; Vodafone Idea up 3%

Adani's 5G entry: Airtel falls 5%; Vodafone Idea up 3%

Updated: 11 Jul 2022, 12:10 PM IST
TL;DR.
The telecom companies in the run-up to the auction bitterly opposed any direct allocation of spectrum to non-telecom entities for setting up private captive networks as it would severely impact their businesses.
The fourth applicant for the 5G spectrum was Adani Group, which recently obtained National Long Distance (NLD) and International Long Distance (ILD) licences.

The fourth applicant for the 5G spectrum was Adani Group, which recently obtained National Long Distance (NLD) and International Long Distance (ILD) licences.