Winning Bizness Desk
Mumbai. Reliance Industries Ltd (RIL) Chairman and Managing Director (CMD) Mukesh Ambani on Monday delivered his keynote address at the 45th annual general meeting (AGM) and announced the launch of Jio 5G services in India. He ssaid that by Diwali 2022, Jio 5G will be rolled out in the metro cities across the country. He also said that using 5G, we can accelerate the roll out of top quality, highly affordable fixed broadband services. Jio 5G will be the world's most advanced 5G. "Subsequently, we plan to increase the Jio 5G footprint month after month. By December 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," top businessman added.
5G will connect over 10 crores homes
In his hour-long speech Mukesh Ambani said that Jio 5G will connect over 10 crore homes with unparalleled digital experiences and Smart Home solutions. "We will catapult tens of millions of small merchants and small businesses to great heights, empowering them with cutting-edge, plug-and-play solutions delivered from the Cloud," he said adding that with Jio 5G, Reliance will connect everyone, everyplace and everything with the highest quality and most affordable data. While Akash Ambani, chairman of Jio, said, "True 5G delivers breakthrough increases in broadband speed and drastically lowers latency. We don’t get 1 Gbps even on many of the fixed broadband networks in our country."
2,000-plus young Jio engineers made this possible
Saying that we have indigenously developed an end-to-end 5G stack which is fully cloud native, software defined, digitally managed, with support for even advanced features like Quantum Security, he added that this is fully developed in-house by our 2,000-plus young Jio engineers, working tirelessly for the past three years. Furthermore, Jio 5G is uniquely positioned to offer captive or private 5G solutions for Indian enterprises at owner's economics," he added. He also announced a partnership with Qualcomm. "Today, I announce an exciting partnership with Qualcomm," he said.
Zuckerberg announced partnership with JioMart
Meta Founder and CEO Mark Zuckerberg on Monday announced his company's partnership with JioMart in India. With this tie-up between Meta and Reliance Jio, users would be able to buy groceries from JioMart right in a chat on the world's most popular messaging platform WhatsApp. Zuckerberg made the announcement on his official Facebook page.