Reliance Jio To Launch 5G Services Within 2 Months
The leading telecom provider in India announced on Monday that Reliance Industries Ltd.’s Jio will start rolling out 5G services for its customers in the next two months.
Chairman Mukesh Ambani announced at the company’s annual general meeting that the company has committed 2 trillion rupees ($25 billion) to the rollout of 5G services. According to him, the corporation will launch 5G in select cities before expanding to the entire country by December 2023.
In India’s $19 billion 5G spectrum auction earlier this month, Jio came out on top as the biggest spender, securing airwaves valued at $11 billion.By October of this year, the Indian government hopes to start rolling out 5G, which it claims can deliver data speeds around ten times faster than 4G. Globally, the next-generation network is regarded as essential for new technologies like artificial intelligence and self-driving cars.
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