Reliance Jio To Launch 5G Services Within 2 Months

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Reliance 5G Announcement: Reliance has committed 2 trillion rupees to roll out 5G services

New Delhi:

Reliance Industries Ltd’s Jio will begin rolling out 5G services for its subscribers in the next two months, India’s top telecom company said on Monday.

The company has committed 2 trillion rupees ($25 billion) to roll out the 5G services, Chairman Mukesh Ambani said at the company’s annual general meeting. The company will start rolling out 5G in key cities before covering pan-India by December 2023, he added.

Earlier this month, Jio emerged as the biggest spender in India’s $19 billion 5G spectrum auction, winning airwaves worth $11 billion.

The Indian government aims to begin the rollout of 5G – which it says can provide data speeds about 10 times faster than 4G – by October this year. Globally, the next generation network is seen as vital for emerging technologies like self-driving cars and artificial intelligence.

(Except for the headline, this story has not been edited by LOKJANTA STAFF staff and is published from a syndicated feed.)

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