Overview

• Bharti Airtel and its subsidiary Bharti Hexacom have signed definitive agreements to acquire 400 MHz of 26 GHz spectrum from Adani Data Networks.
• The spectrum covers six telecom circles: Gujarat, Mumbai, Andhra Pradesh, Rajasthan, Karnataka, and Tamil Nadu.
• Adani Data Networks originally secured the spectrum for ₹212 crore in a 2022 government auction.
• The financial terms of Airtel's acquisition have not been disclosed by either company.
• Airtel plans to integrate the spectrum into its 5G network to accelerate subscriber growth beyond its current 120 million 5G users.