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Reliance Jio ups the ante as Adanis keep off big 5G spectrum game

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With the Adanis submitting an earnest money deposit (EMD) of just Rs 100 crore on Monday for the upcoming 5G spectrum auction, the apprehension among the rivals that the group is nursing ambitions of being an all-India mobile player has been allayed at least for now.


Based on its EMD, analysts say it can buy…


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