NEW DELHI: Qualcomm and Reliance Jio announced Tuesday that they have aligned their efforts in 5G to accelerate the development and deployment of indigenous 5G network infrastructure and services in India.
Leveraging Qualcomm technology, Jio has indigenously developed a 5G RAN (Radio Access Network) product that has achieved ultra-high performances, and the product has already been tested by a Tier 1 carrier in the US, Said Mathew Oommen, president of Reliance Jio Infocomm. .
Speaking at the Qualcomm 5G Summit, Oommen said: “I am pleased to announce that with Qualcomm technology and support, Jio has indigenously developed a 5G RAN product that has achieved performance in excess of 1Gbps … the product already It has been tested and validated by a Tier 1 carrier in the USA. ”
This latest move signifies the entry of Jio and India into the 5G product club. Currently, only a handful of countries, including the US, South Korea, Australia, Switzerland, and Germany, can show speeds of 1Gbps for 5G customers.
Qualcomm Technologies, Inc and Reliance Jio Platforms along with its subsidiary Radisys Corporation have announced their expanded efforts to develop 5G solutions based on open and interoperable interface architecture with a virtualized RAN, according to a statement from Qualcomm.
“This work is intended to accelerate the development and deployment of indigenous 5G network infrastructure and services in India,” the statement added.
Earlier this year, Reliance Industries had announced that Qualcomm Ventures will acquire a 0.15% stake in Jio Platforms for Rs 730 million. You recently received the subscription amount for the deal and assigned the equity shares.
The latest progress in the 5G product portfolio dovetails nicely with Jio’s overall plans to develop homegrown 5G telecom solutions, as outlined by Reliance Industries President Mukesh Ambani at the company’s annual general meeting in July. this year.
RIL had previously said that Qualcomm Ventures investment would deepen the ties between Qualcomm and Jio Platforms to support the latter in its journey towards deploying advanced 5G infrastructure and services for Indian customers.
In total, Jio Platforms, which is home to the apps and India’s youngest but largest telecom company Jio, has raised around 1.52.056 crore from 13 investors including Facebook, Google, Silver Lake, Vista Equity. Partners, General Atlantic, KKR, Mubadala. , ADIA, TPG, L Catterton, Saudi Arabia Public Investment Fund, Intel Capital and Qualcomm Ventures, for a total stake of 32.9%.
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