: Jio to invest Rs 2 lakh crore in 5G; pan-India rollout by Dec 2023 #IndiaNEWS #Business New Delhi: Reliance Jio has earmarked Rs 2 lakh crore investment for 5G network and plans to launch the high-speed
Jio to invest Rs 2 lakh crore in 5G; pan-India rollout by Dec 2023 #IndiaNEWS #Business
New Delhi: Reliance Jio has earmarked Rs 2 lakh crore investment for 5G network and plans to launch the high-speed services in key cities by Diwali, RIL Chairman Mukesh Ambani said Monday. While speaking at Reliance Industries’ 45th annual general meeting (AGM), Mukesh Ambani said Jio will roll out 5G services across India by December 2023.
“To build our pan-India true 5G network, we have committed a total investment of Rs 2 lakh crore. Jio has prepared the fastest ever and most ambitious 5G rollout plan for a country of our size. Within the next two months. That is by Diwali, we will launch Jio 5G across multiple key cities including metro cities of Delhi, Mumbai, Chennai and Kolkata,? Ambani said.
Ambani said subsequently the company plans to increase Jio 5G footprint month-on-month until December 2023, to deliver Jio 5G to every town, every ‘taluka’ and every ‘tehsil’ of India.
After buying spectrum worth Rs 88,078 crore in the auctions, Reliance Jio said earlier this month it is gearing up to roll out an advanced 5G network to make India a global leader in digital connectivity and solutions.
Also read: Reliance Jio to roll out 5G services by Diwali: Mukesh Ambani
The company had emphasised that it is fully ready for 5G rollout in the shortest period of time, backed by nationwide fibre presence, an all-IP network with no legacy infrastructure, an indigenous 5G stack and strong global partnerships across the technology ecosystem.
Ambani during the AGM said with 5G in place, Jio will launch billions of smart sensors with connected intelligence that will trigger the ‘Internet of Thingp&H[Y[ Hݝ8&[ X[] ][۸&K8'] [ۛX]HۙK]H XH[]][ ] HY ]X[] H[[YܙXH]K8[X[HٝY [X[H ZY[XYH ۙ ܙ[XH[[Y[ ] [R[XHXK[ X] ܚو[ܙH [ LHZ ]H[Y] ˈH ZY ]و]H YH]XK]]KZYH
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