Is it really a corporate war? Adani into Telecom!!!

MANOJ KUMAR N

Is it really a corporate war? adani into Telecom!!!



Many people have heard the word corporate war. The opportunity to see is seen in very few cases. Recently one such scene will come on screen. A giant is about to enter the domestic telecom sector. With this, it should be said that the corporate war between the two leading companies of the country will become shauru.


Gautam Adani's application for spectrum auction has become a hot topic. In this background, it is being heard that a corporate war has started between the two Kuberas who are the famous businessmen in the country.


The spectrum auction ended on Friday. A total of four organizations have applied.. out of which three are veterans. It has become interesting that mukesh Ambani's Jio, sunil Mittal's Airtel, vodafone Idea and adani group companies have also applied.

However, the names of those who have applied will be officially announced on 12th of this month. adani Group has recently taken National Long Distance and international Long Distance licences.


And... when it comes to the spectrum auction... the spectrum auction worth around Rs. 4.3 lakh crore in various bands will be held on 26th of this month. Even though domestic business giants Ambani and adani have established huge business empires, there is no situation where these two Gujarati businessmen have clashed data-face to data-face in the same business. A rare event of both of them competing in the same field will now take place.

When it comes to Ambani, if he expanded in oil, petrochemicals, telecom, retail, adani focused on sectors like ports, coal, aviation. While Ambani and adani are making competitive investments in the renewable energy sector, it goes without saying that there will be a chance of seeing a domestic corporate war as both of them have recently applied for DHI spectrum in the telecom sector.

Find Out More:

Related Articles: