Adani Enterprises Limited — Updates, 22-04-2025: Press Release

Adani Data Networks Limited (ADNL) will transfer rights to 400 MHz of spectrum to Bharti Airtel and its subsidiary, Bharti Hexacom. The spectrum allocation spans six telecom circles: Gujarat (100 MHz), Mumbai (100 MHz), Andhra Pradesh (50 MHz), Rajasthan (50 MHz), Karnataka (50 MHz), and Tamil Nadu (50 MHz). This move is likely to enhance Bharti Airtel's operational capacity in these regions, potentially improving its competitive standing in the telecom market. The transaction's completion awaits customary statutory approvals, so watch closely for updates regarding regulatory progression and its implications for both companies' future growth strategies.