Adani Data Networks deposits lowest Earnest Money for Spectrum Auction 2022

All four applicants declared as pre qualified bidders with Jio depositing highest EMD amount.

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By Basil Kannagi Arasu

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The Department of Telecommunications (DoT) today announced the list of pre-qualified bidders for the spectrum auction in 600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300 MHz, and 26 GHz bands.

The four applicants who had filed applications for participation in the spectrum auction have been confirmed as pre-qualified bidders. Reliance Jio has deposited the highest Earnest Money Deposit (EMD) for the auction, whereas Adani Data Networks has deposited the lowest Earnest Money Deposit (EMD) for the auction.

Teclos can bid for spectrum worth 6 to 7 times the amount of the EMD. The higher the EMD amount, the more eligibility points a telco gets to bid for the spectrum.

Adani Data Networks has submitted Rs 100 crore EMD amount. It has been allocated 1650 eligibility points (EP). It is eligible to bid in any band in any LSA subject to EPs/EMD/Spectrum Cap.

Reliance Jio has submitted Rs 14000 crore EMD amount. It has been allocated 159830 eligibility points (EP). It is eligible to bid in any band in any LSA subject to EPs/EMD/Spectrum Cap.

5G Spectrum auction EMD amount

Vodafone Idea Limited has submitted Rs 2200 crore EMD amount. It has been allocated 29370 eligibility points (EP). It is eligible to bid in any band in any LSA subject to EPs/EMD/Spectrum Cap.

Lastly, Bharti Airtel has submitted Rs 5500 crore EMD amount. It has been allocated 66330 eligibility points (EP). It is eligible to bid in any band in any LSA subject to EPs/EMD/Spectrum Cap.

The Telecom Department has also taken Adani Data Network’s promoter Adani Enterprises’ net worth into consideration resulting in a net worth of Rs 4979.01 crore.

The amount of EMD indicates that Jio will be the most aggressive participant in the upcoming auction. Airtel will play a balanced approach while Vi will be on the fringes and bid selectively for spectrum. Adani Data Networks will have a limited impact on the bidding process and might bid

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Adani Data NetworksBharti AirtelReliance JioSpectrum Auction 2022Vi (Vodafone Idea)
Avatar of Basil Kannagi Arasu

Basil Kannagi Arasu

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Basil keeps an eye on the latest happenings in the Telecom sector. You can find him streaming the Premier League, which he started watching in 2013, in his free time.
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Avatar of Esmail Esmail Jul 09, 2022 #1

Adani into telecom sector. Big chance for him to get BSNL+Vi.

Adani might build a company from scratch like Ambani did with Jio. Why would he want to take on the debt of Vi? But yes deep pockets will help him get ample spectrum to be able to build a robust network and this will increase the competition in the market and lead to subscriber churn and the worst hit would be Vi. They may be pushed to bankruptcy and then have to be sold for parts. That's when Ambani and Adani could pick up it's key assets at scrap price rather than taking on the company's debt.

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s saketk11 Jul 09, 2022 #2

Why would he want to take on the debt of Vi? But yes deep pockets will help him get ample spectrum to be able to build a robust network and this will increase the competition in the market and lead to subscriber churn and the worst hit would be Vi. They may be pushed to bankruptcy and then have to be sold for parts. That's when Ambani and Adani could pick up it's key assets at scrap price rather than taking on the company's debt.

vi case above could be very much possible . till now no sign of govt equity, meaning investors still at outside door, is very risky situation and i m only forecasting vi becoming regional player in next 3 years if not get bankrupt . vodafone solid proposal killed birla's telecommunications business started in 1996-97. and this make space for new players Mr adani

That's when Ambani and Adani could pick up it's key assets at scrap price rather than taking on the company's debt.

Selling spectrum of bankrupt telco rcom/aircel is 100% impossible with current regulation .
although new guidelines make telco surrender newly acquired spectrum at zero cost. thus to buy spectrum related right to use asset require modification in licenses conditions which DOT will definitely do on request from Mr ambani and Adani. just to give reference . before jio therr were no guidelines for spectrum trading or sharing .

i think adani aim building 5g network is to serve and play in areas of where private captive network wont able to do by its own. Adani already have many ports/factories and expanding to petrochemical and data center business, these organization are badly needs private network . so adani entry into telecom is just like Backward integration with data channel, read telecom network , services.

in simple understand , why would NGO and private-public partnerships model is working and flourishes is just because govt is unable due to many constraint like effective execution.

adani is having limited exposure in b2c or retail thus its very less likely that general retail consume would get any sim frim adani 5g, mostly it will be esim for m2m network or mvno buying bulk from adani core 5g/6g networks .

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