Telcos

Indian Telecom Jio Set to Launch 5G Services in October

 

India’s biggest telecom group Jio – part of Reliance Industries’ huge conglomerate – will begin rolling out 5G services for subscribers in the next two months, the company said on Monday.

The company has committed 2 trillion rupees ($25 billion) to roll out 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 said.

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.

 

  • Reuters with additional editing by Jim Pollard

 

 

ALSO SEE:

 

Reliance’s Jio Tops Pile in India’s $19bn 5G Sell-Off

 

Reliance Jio Bids Big in India’s First 5G Auction – Nikkei

 

India Garners $18bn on First Day of 5G Spectrum Auction – ET

 

 

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years.

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