Adani Group, the newest entrant in India’s telecom space, is looking to launch private 5G services for enterprises in 2023. The conglomerate also announced that it would be launching consumer apps this year as part of its digital strategy.
Addressing his employees in the New Year, Chairman Gautam Adani said they will invest in expanding the network of data centers, building AI-ML and industrial cloud capabilities, along with rolling out 5G services and launching B2C apps.
“While we are fully invested in building India, it is an opportune time to contribute to nation-building outside India. All of these are big ticket, independent yet mutually connected digital opportunities that are backed by our adjacency in the energy business,” he said.
The Gujarat-based conglomerate surprised industry incumbents when it took part in 5G auctions in 2022. While Adani has not purchased spectrum across all 5G bands and thus cannot provide consumer telephony, the conglomerate parted with Rs. 212 crore to buy 400MHz spectrum in the mm-wave band. Adani is gunning to provide private network services to enterprises, including its own.
Reliance Jio has also indicated that private 5G will be a key avenue for monetization for the operator in the future. Chairman Mukesh Ambani has committed Rs 2 trillion investment for rolling out a 5G network across the country by December 2023, according to a recent report by the Press Trust of India.
Other entities, such as IT major Tata Consultancy Services (TCS), could also participate in the private 5G network market. They are awaiting spectrum assignment rules from the DoT and TRAI, who are still deliberating the spectrum bands, which will be given to enterprises for private network use through administrative allocation.