Adani Enterprises Ltd.

Adani Enterprises’ (AEL) wholly-owned subsidiary-- Adani Data Networks (ADNL) has signed definitive agreements with Bharti Airtel and its subsidiary Bharti Hexacom to transfer the rights to use 400 MHz of spectrum in the 26 GHz band.

The spectrum covers six telecom circles-- Gujarat (100 MHz), Mumbai (100 MHz), Andhra Pradesh (50 MHz), Rajasthan (50 MHz), Karnataka (50 MHz) and Tamil Nadu (50 MHz). The closing of the transaction is subject to customary statutory approvals.

Adani Enterprises (AEL), the flagship company of the Adani Group, is one of India’s largest business organisations. The company has enhanced value for stakeholders by building prominent infrastructure assets and widening its presence across a range of sectors directed towards responsible nation-building.