Jio 5G to be launched across major cities by Diwali, rest of India by end of 2023
Reliance Industries Limited (RIL), the oil-to-telecom conglomerate and India’s largest company by market-capitalisation, has earmarked Rs 2 lakh crore to build a pan-India 5G network, said Chairman and Managing Director Mukesh Ambani in his keynote address at the company’s 45th annual general meeting, held virtually on August 29.
Jio 5G will be launched across major cities, such as Delhi, Kolkata, Mumbai and Chennai, by this Diwali. And by the end of 2023, “which is less than 18 months from today, we will deliver Jio 5G to every town, every taluka, and every tehsil of our country,” said Ambani, vowing that it would be “the world's largest and most advanced 5G network” because Jio’s 5G service won’t rely on a 4G network, like other telecom players.