Reliance Industries chairman Mukesh Ambani outlined his bold vision for the mobile sector, announcing that engineers at Jio Platforms have designed and built from the ground up, Mobile World Live reports. A complete 5G system has been developed and is ready for testing as soon as spectrum becomes available, with field deployment expected in 2021.
The importance of 5G technology can no longer be mentioned. Not only is China, the United States and Europe competing, but India is now joining in. Reliance Industries, owned by India’s richest man Mukesh Ambani, recently announced that it has developed its own 5G equipment, claiming to be 100% local technology, which can not only meet the needs of India, but also plans to export to other countries in the future.
Mukesh Ambani is chairman of Reliance Industries, one of India’s largest groups with telecommunications as its core business. Mukesh Ambani announced that its Jio platform engineers have designed and developed a complete 5G system from scratch, which can be tested once spectrum is available, with field deployment expected in 2021.
Ambani hinted that Reliance’s work could go beyond infrastructure, recounting that a just-forged partnership with Google to develop an affordable 4G smartphone would take it a step further: “We believe we can design cost Only a fraction of the current entry-level 4G and even 5G smartphones.”
Offering affordable smartphones will help overcome a key hurdle preventing today’s feature phone users from upgrading, he explained.
“India is on the doorstep of 5G, and we should accelerate the migration of 350 million Indians who are currently using 2G feature phones instead of affordable smartphones.”
The partnership with Google forms part of the search giant’s 337 billion rupiah ($4.5 billion) investment to acquire a 7.73 percent stake in Jio Platforms. It is the latest in a series of investments in the Jio platform by non-domestic companies, which Ambani noted will help the company develop new products for India.
Together with Google’s investment, strategic and financial investors have pledged a total of Rs 1.52 trillion over the past few months in exchange for a 32.97% stake in Jio Platforms. Reliance Jio had 388 million mobile users as of the end of March, and aims to have more than 500 million mobile users and deploy more than 1 billion smart sensors within the next three years.