NEW DELHI: Reliance Jio will roll out standalone 5G services in a few locations across the nation by Diwali, which falls on October 24, said Mukesh Ambani, chairman and managing director of Reliance Industries, who made the announcement on Monday at the 'Reliance AGM 2022 meeting.
To build pan-India true 5G network, Jio has committed a total investment of Rs 2 lakh crore. Jio first announced the rollout of 5G services in Delhi, Mumbai, Kolkata, and Chennai, four major cities. These will be expanded to other cities and towns in phases rapidly to cover the entire country by December 2023.
Mukesh Ambani said that Jio 5G services will be the "world's largest" and "standalone" during the "Reliance AGM 2022." "Jio 5G services will provide the best and most affordable connectivity for everyone, everywhere, and everything. Even ahead of China and the US, we are dedicated to making India a data-powered economy "Muksesh Ambani said.
Jio 5G will be the world's largest and most advanced 5G network. Unlike other operators, Jio's 5G network will be stand-alone with zero dependency on 4G network. Jio 5G will be able to provide an unmatched combination of coverage, capacity, quality, and cost because to the three benefits of standalone 5G architecture, the largest and best mix of spectrum, and carrier aggregation technology.
Jio can offer innovative and potent services like low latency, widespread machine-to-machine connectivity, 5G voice, Edge computing and network slicing, and metaverse with standalone 5G. A fully cloud-native, software-defined, digitally managed, and supporting advanced features like quantum security, Jio has designed an end-to-end 5G stack in-house.
Jio will introduce billions of intelligent connected sensors with 5G, sparking the Internet of Things (IoT) and the Fourth Industrial Revolution. Everybody, every location, and everything will be connected to the best and most economical data possible.
Jio genuine 5G would significantly reduce latency and provide ground-breaking gains in broadband speed, according to Akash Ambani, Chairman of Reliance Jio Infocomm. The announcement is in line with the government which expects affordable 5G services to be rolled out in the country by October 12.
The government will make sure that 5G plans are still within the reach of the general populace. Telcos will soon release specific 5G pricing plans, much like they did for 3G and 4G, and experts in the field predict that users may pay extra to use 5G services on their devices.
However, as consumption rises and more people adopt 5G networks, particularly in metro areas where the initial demand will arise, the tariff plans will become more affordable. An immediate tariff war with the launch of 5G is unlikely, but it "will be competitive as India continues to be a price-conscious market".
Financial Bids for Reliance Capital to be submitted today
Acquisition of 700MHz spectrum: Jio to have edge over Airtel on 5G network
India's 'techade' is here, the 5G bringing revolution through Digital India: PM