Decoding the Adani group’s telecoms play

Despite its stated intent to steer clear of the consumer business, it has joined the fray for the auction of 5G spectrum and applied for a unified pan-India licence.

Over the course of the past few weeks, the Ahmedabad-based Adani group has made its intention to get into the telecoms business clear. But it will not be the consumer telecoms space dominated by Reliance Jio, Bharti Airtel and a highly indebted Vodafone Idea. Rather, it will go after the enterprise business that is likely to explode on the back of high speed 5G networks.

Right off the bat, there’s a mismatch between its communication and actions on the ground. If entering the enterprise business is its objective, it could have paid the one-time non-refundable application fee of Rs 50,000 …

Author

T Surendar

Surendar helps lead the newsroom at The Morning Context as executive editor. Over the years, Surendar has worked in industries from pharmaceuticals to diamonds, as well as a stint as an equity analyst. In his long career as a business journalist, he has led teams at The Times of India, India Today and Fortune India. He was part of the founding team at Forbes India and interned at and published in The Times, London.

Executive Editor

surendar@mailtmc.com

Mumbai