Mumbai: Adani Group will participate in the 5G Auctions through its subsidiary Adani data networks, whose net worth is Rs 248.35 crore. The company is a complete unit of Adani Enterprises Limited whose net worth is Rs 4730.66 crore.
Adani Data Networks has also received a letter of intent from the Telecommunications Department †Point) for granting uniform license with authorization from ILD (National Territory), NLD (National Territory) and ISP-B in Gujarat Circle.
As part of the auction rules, participating bidders disclosed ownership details to the Department of Telecommunications (DoT).
Vodafone idea has negative equity of Rs 80,918 crore as of March 31, 2022 with paid-up capital of Rs 32,119 crore.
Bharti AirtelIts net worth as of March 31 is Rs 75,886.8 crore while its paid-up capital is Rs 2,795 crore. The net worth of Reliance Jio Infocomm as of March 31 is Rs 1,97,790 crore, and the paid-up capital is Rs 1,54,125 crore.