MUMBAI, AUG 29 – Reliance Industries Ltd (RIL) Chairman and Managing Director Mukesh Ambani on Monday announced the launch of Jio 5G services in key metro cities of Delhi, Mumbai, Kolkata, and Chennai by Diwali this year.
“Subsequently, we plan to increase the Jio 5G footprint month after month until by December of 2023, which is less than 18 months from today, to deliver Jio 5G to every town, every taluka and every tehsil of our country,” Ambani announced during the company’s 45th annual general meeting (AGM).
He said that Jio 5G will be the world’s largest and most advanced 5G network.
“Unlike other operators, Jio’s 5G network will be Standalone with zero dependency on 4G network. The three-fold advantage of Stand-Alone 5G architecture, largest and best mix of spectrum and Carrier Aggregation technology means that Jio 5G will be able to offer an unparalleled combination of coverage, capacity, quality and affordability,” Ambani said.
The billionaire industrialist noted that its telecom arm through the recent auction conducted by Department of Telecommunication (DoT) had acquired the largest and most appropriate mix of wireless spectrum for 5G which gives Jio 5G a distinct competitive advantage.
“We are working very closely with all leading smartphone OEMs and we have their commitment that they will support Jio’s True 5G in India,” he said.
“To build our pan-India True 5G network, we have committed a total investment of Rs 2 lakh crore. Jio has prepared an ambitious and the fastest ever 5G roll-out plan for a country of our size,” the RIL Chairman said.