Business & Economy

Reliance announces “world’s largest and most advanced” 5G rollout in India

New Delhi, Aug 29 (EFE).- Indian telecommunications company Jio, under Reliance Industries, announced Monday the rollout of its 5G technology in the country over the next two months.

“Today I want to announce the next leap forward that Jio is creating in digital connectivity, especially in fixed broadband. That is Jio 5G services, using 5G technology,” it’s chairman Mukesh Ambani said at Annual General Meeting of shareholders.

With this step, expected to be underway by the end of October, Jio says it will be able to provide a revolutionary increase in broadband speed, increased network capacity, and the number of connected users by reducing latency.

“With Jio 5G we can connect everybody, everyplace, and everything with the highest quality and the most affordable services,” Ambani added.

Jio’s aggressive competitiveness in India, the world’s second largest mobile market, has also put additional pressure on its rivals who are fighting to gain ground in this country of 1.4 billion people with one of the cheapest Internet services in the world.

Unlike other companies that will rollout 5G services through the existing 4G infrastructure, Jio has prepared a “stand-alone” network, allowing them to ensure better services for its users.

“Jio 5G will be the world’s largest and most advanced 5G network. It will deploy the latest version of 5G, called Stand-Alone 5G, which has zero dependency on our 4G network,” Ambani said. “Jio 5G will be true 5G.”

Jio, the country’s leading digital service provider, with 421 million users, has made an investment of more than $25 billion for the total development of its 5G network, according to the company’s data.

Jio currently seeks to expand the number of its fixed broadband connections, which remains very low amid a sustained growth in its mobile connection services.

According to Jio, with only 20 million fixed high-speed Internet connections, India ranks 138 in the world, leaving most offices and homes in the Asian country without an indoor broadband or wifi.

“This has to change and change fast, Jio will change that. We will enable India to be among the top 10 globally in fixed broadband adoption,” Ambani told shareholders.

Jio’s plan aims to rollout the 5G technology in key cities such as New Delhi, Mumbai, Chennai, and Calcutta, the country’s major metropolises, within the next two months, coinciding with the celebrations of the Hindu festival of Diwali.

And by December 2023, the company seeks to provide 5G network across the entire country. EFE


Related Articles

Back to top button