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The Hindu
The Hindu
National
PTI

Reliance Jio to invest ₹2 lakh crore in 5G; rollout in metros by Diwali

Reliance Industries Ltd.’s Jio telecom unit, which cornered almost half of all the airwaves sold at the government’s recent auction of wireless spectrum for introducing 5G services with bids amounting to more than ₹88,000 crore, plans to start rolling out its 5G services in October.

While speaking at Reliance Industries’ 45th annual general meeting, RIL chairman Mukesh Ambani said Jio will roll out 5G services across India by December 2023.

“To build our pan-India true 5G network, we have committed a total investment of ₹2 lakh crore. Jio has prepared the fastest ever and most ambitious 5G rollout plan for a country of our size. Within the next two months. That is by Diwali, we will launch Jio 5G across multiple key cities including metro cities of Delhi, Mumbai, Chennai and Kolkata,” he said.

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