India’s biggest telecom group Jio – part of Reliance Industries’ huge conglomerate – will begin rolling out 5G services for subscribers in the next two months, the company said on Monday.
The company has committed 2 trillion rupees ($25 billion) to roll out 5G services, chairman Mukesh Ambani said at the company’s annual general meeting.
The company will start rolling out 5G in key cities before covering pan-India by December 2023, he said.
Earlier this month, Jio emerged as the biggest spender in India’s $19 billion 5G spectrum auction, winning airwaves worth $11 billion.
The Indian government aims to begin the rollout of 5G – which it says can provide data speeds about 10 times faster than 4G – by October this year.
Globally, the next generation network is seen as vital for emerging technologies like self-driving cars and artificial intelligence.
- Reuters with additional editing by Jim Pollard
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