HIGHLIGHTS
- Jio 5G service is already in testing
- Mukesh Ambani said policy steps required to accelerate 5G rollout
- Jio is functioning with Google on launching a reasonable Android phone
Jio 5G service will rollout in India within the last half of 2021, Reliance Industries Chairman and director Mukesh Ambani revealed during his keynote at India Mobile Congress 2020 on Tuesday. The Indian billionaire noted that the 5G service offered by Jio would be a “testimony” to the government's Atmanirbhar Bharat (self-reliant India) policy. aside from rolling out 5G within the country, Jio is in development of a reasonable Android phone together with Google that's likely to debut within the coming months. Ambani, 63, said that the policy steps were needed to accelerate early rollout of 5G within the country. “I assure you that Jio will pioneer the 5G revolution in India within the last half of 2021. it'll be powered by indigenous-developed network, hardware and technology components,” he said. Jio has been performing on 5G for a few time now. The nationwide LTE-exclusive network coverage helps the Mumbai-based telco to modify to the next-generation cellular service during a shorter time when comparing with what's required for Airtel and Vi (formerly referred to as Vodafone Idea).
At the Qualcomm 5G Summit in October, Jio further detailed its 5G plans and announced the event of its 5G Radio Access Network (RAN) which will help test the next-generation network at scale. In addition to its 5G plans, Jio is currently working with Google to launch its entry-level 4G Android smartphone. The new model is alleged to arrive sometime within the half-moon of next year with a tag of around Rs. 4,000. During his speech at the India Mobile Congress, Ambani urged the govt to require policy steps for bringing affordable smartphones for the underprivileged people that are still on a 2G network.
Jio Platforms, a subsidiary of Reliance Industries that owns Jio network, attracted investments from various global companies within the past few months. The list of investors includes Google, Facebook, Intel Capital, Qualcomm Ventures, and Silver Lake Partners, among others. It raised the maximum amount as Rs. 152,056 crores by selling its 32.97 percent stake. Those investments are enabling the corporate to expand its digital presence within the country. “Jio Platforms, with its family of over 20 startup partners, has built world-class capabilities in AI, cloud computing, big data, machine learning, Internet of Things, blockchain, etc,” said Ambani. “We are creating compelling home-grown solutions in education, healthcare, agriculture, infrastructure, financial services, and new commerce.” The arrival of Jio 5G service would help boost the prevailing and new developments of Jio Platforms. it'll also give a foothold to the telco that's already the most important within the Indian telecom sector, with a market share of over 35 percent, as per the info provided by Telecom regulatory agency of India.
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