Reliance Jio to Play a Key Role in 5G Development: Mukesh Ambani

reliance-jio-key-role-in-5g-development

Reliance Industries Limited (RIL), in its annual report, said Reliance Jio’s network assets will play a key role in the development of the 5G ecosystem in India. “Jio with its 5G-ready network and extensive fiber assets would play a key role in the development of the 5G ecosystem in India, based on market dynamics… the core and aggregation layers of the Jio network have been converged and 5G-ready from the time of inception,” RIL said in its annual report.

  • Make Telecom Talk My Trusted Source
  • Source of Google
  • Source of Google

Jio’s all-IP data network is built on 4G-LTE technology. The network built as a mobile video network carries more than 4 Exabytes of data monthly and is future-ready to transition to 5G and beyond.

One million homes connected with JioFiber services

The telecom operator is currently deploying its wireline broadband services across homes and enterprises. RIL chairman Mukesh Ambani said that that fiber services will help place a strong foundation for offering platform-based digital services. Jio connected about one million homes with JioFiber services until March 2020.

The oil-to-telecom conglomerate said that dynamics in the telecom market have improved in the recent past as reflected by December tariff hikes by all three telecom operators. RIL said that during the year, Telecom Regulatory Authority of India (TRAI) also initiated the consultation process on the feasibility of establishing a floor price for mobility services in the country. It added that Reliance Jio would continue to actively engage with the regulator and industry stakeholders to drive growth for all.