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Adani Group under DoT scanner on delayed 5G rollout, may surrender spectrum

Business Standard LogoBusiness Standard15h ago

Adani Group under DoT scanner on delayed 5G rollout, may surrender spectrum - Business Standard

Quick Summary:

Under auction rules, telecom operators must commence commercial services in their licensed areas within a year.

Non-compliance leads to escalating penalties, starting at Rs 1 lakh per week for the first 13 weeks, rising to Rs 2 lakh per week for the subsequent 13 weeks, followed by a show-cause notice before further penalties are applied.

However, the spectrum held by Adani is considered insufficient for extensive FWA deployment.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-14 @ 15:36:12 (15 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 396 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25151183

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 309 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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