2024-03-22 23:23:09
Mukesh Ambani’s Jio has one-sided rule in the Indian telecom market. But now Jio may get competition very soon. Because Gautam Adani can now enter the internet market. Spectrum auction in India is going to start from May 20. DoT has also issued a notice regarding this on March 8.
Adani Group Chairperson Gautam Adani had also given hints in a meeting about participating in the spectrum auction. He had said that we are going to participate in it. In such a situation, speculations are being made that Gautam Adani can acquire rights over 5G internet service. That means they are going to get direct entry into fast internet service.
Some time ago, Gautam Adani had told his employees in a meeting that he was considering expanding his business to data centers. Apart from this, he will also work on AI-ML and Industrial Cloud capabilities. In such a situation, such news got more attention that he is considering entering the fast internet market. Adani’s entry discussions in the telecom market have also intensified because he had met the CEO of Qualcomm some time ago.
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After this, Gautam Adani also shared a picture on Twitter. Although he did not give any hint that he was going to enter this market. However, many reports had claimed that he was going to enter with a new company. Whereas no official information has been given by the company regarding this. But till now no major information has been received regarding Gautam Adani’s entry in the telecom market. Now the question is whether Gautam Adani will enter this market and compete with businessmen like Mukesh Ambani and Sunil Mittal?