Reliance Jio 'develops a complete 5G solution from scratch', says Mukesh Ambani
Jul 15, 2020, 16:10 IST
- Ambani said that the "Made-in-India" technology can be deployed and launched in a year's time once spectrum is available.
- He added that Jio can easily upgrade its 4G network to 5G , since it is all-IP network architecture.
- The announcement gains significance, as the government considers promoting Indian manufacturers and technology companies in telecom.
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In a major development amid the chorus for an 'Aatmanirbhar Bharat' or self-reliant India, Reliance Industries (RIL) Chairman Mukesh Ambani on Wednesday announced that Reliance Jio has developed a complete 5G solution from scratch.Speaking at the Annual General Meeting (AGM) of RIL, Ambani said that the "Made-in-India" technology can be deployed and launched in a year's time once spectrum is available.
He added that Jio can easily upgrade its 4G network to 5G , since it is all-IP network architecture.
"Once it is proven in India, Jio Platforms would be well positioned to be an exporter of 5G solutions to other telecom operators globally, as a complete managed service," he said.
The announcement gains significance, as the government considers promoting Indian manufacturers and technology companies in telecom.
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In another major announcement, the RIL CMD announced that Google will invest Rs 33,737 crore for a 7.7 per cent stake in Jio Platforms Ltd.
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