Reliance Jio to launch 4G broadband services in 2015
Ambani told at the company’s annual shareholders’ meeting that Reliance Jio Infocomm will launch its high-speed data and voice services on 4G in 2015.
Mukesh Ambani said -
“By 2015 will see the phased launch of Reliance Jio across India. There are over 100,000 people working across the country in creating the digital infrastructure backbone for this network. They are passionate about building the largest broadband network that the world has ever seen. Reliance Jio will be one of the largest job-creating and wealth-creating business initiatives in India.”
In the past 37 years, RIL invested Rs.240,000 crore and in this current three years investment cycle, and will be investing over Rs.180,000 crore. RJIL also acquired spectrum in 1800 Mhz band, widely known as 2G spectrum, for Rs 11,054.41 crore in February across 14 out of 22 service areas in country. The company has said that it will use these radiowaves also for 4G services.
Ambani also added -
“Engaged in this massive endeavour are over 10,000 full time Jio employees, working alongside nearly 30,000 professionals from our partners and vendors from all parts of the world. In addition, there are over 100,000 people working across the country in creating the digital infrastructure backbone for this network.”
During initial trials, RJIL in January showcased broadband speed of 49 megabit per second — which is over 10-12 times more than 3G mobile Internet speed that consumer are getting these days.