Mumbai: Mukesh Ambani, President of Reliance Industries, said that it took India’s telecom sector 25 years to build its 2G network and that Reliance Jio has managed to build 4G in three years. Emphasizing Jio’s role in propelling India from 155 positions to being the world’s top mobile data consumer in four years, Ambani said the telecom company is now ready to roll out 5G services in India.
“Jio, India, got stuck with 2G technology … While it took the Indian telecom industry 25 years to build its 2G network, Jio built its 4G network in just three years,” said Mukesh Ambani, President from the company’s oil business to telecommunications at an industry event Thursday.
The telecommunications company that launched its services in 2016 and is now competing for 500 million subscribers is now preparing to launch 5G services in India.
“To further expand our global connectivity leadership, Jio is now deploying a high-speed, low-latency fiber optic network in more than 50 million homes and locations. At the same time, we are preparing to roll out 5G services across the globe. India, “he said. Ambani.
The telco is pushing for 5G spectrum auctions, which are expected to take place next year and has already requested the tests. The telco says it has created its own 5G ecosystem and can become a global provider just like Nokia, Samsung, Huawei.
“The Jio movement shattered the widespread belief that India is not ready to adopt advanced technologies,” the president said.
The telco has also been asking to plug in 2G services, in a direct attack on rivals Bharti Airtel and Vodafone Idea, who together with the sector regulator have highlighted that 2G is important in remote locations in the country.
The telecommunications company also sold 100 million phones with 4G features with the aim of getting more subscribers on the 4G platform.
Ambani also emphasized the changes that Jio introduced in connectivity and data consumption. “India’s monthly data consumption increased from 200 million GB to 1.2 billion GB … a 600% growth … and data consumption has multiplied since then. Today, India consumes more than 6 exabytes of data every month … more than 30 times before -Jio levels, just four years ago, ”he said.
The telco is betting heavily on its digital arm – Jio Platforms, which has received investments of around Rs 1.52 lakh crore from 13 global firms, including Facebook and Google. The operator is working on technologies like blockchain, IoT, AI, Big Data Analytics to create a new set of offerings.
“Using these technologies, Jio Platforms is in the process of creating compelling solutions for multiple industry verticals and ecosystems spanning telecommunications, media and entertainment, new commerce, financial services, education, healthcare and agriculture,” Ambani said.
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