Gautam Adani Group:

Adani Data Networks Ltd (ADNL), a company of the Adani Group, bid 212 crores in the auction of the 5G spectrum.

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Adani Data Networks Ltd has bought spectrum in the 26 GHz millimeter wave band for 20 years.

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Through the 5G spectrum, the Adani Group will strengthen its business and data centers and use it for its Super App.

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ADNL has acquired the right to use the 400 MHz spectrum by spending 212 crores in the 5G spectrum auction.

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According to the Press Trust of India, ADNL has bought less than 1 percent of the spectrum sold in the 5G auction.

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The Adani Group, led by Gautam Adani, the world's fourth richest person, is building a super app.

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Through the Super App, the Adani Group plans to support businesses across power distribution, airports, gas retailing, ports, etc.

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The government has raised a record amount of Rs 1.5 lakh crore through the auction process of the 5G spectrum.

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