industry

Reliance Jio’s network 5G-ready since day one, says Mukesh Ambani


NEW DELHI: The core and aggregation layers of Reliance Jio’s converged network have been 5G ready since day one, RIL Chairman Mukesh Ambani said on Monday at the RIL AGM.

He added that owing to the early adoption of the ongoing enhancements to LTE technology, the telco’s wireless network is already 4G.

“We can upgrade this to 5G at minimum incremental cost,” Ambani said.

He further added that Jio’s converged network architecture allows the company to offer even faster fixedline broadband to homes and business establishments today.

The company recently divested about Rs 1.17 lakh crore of hard infrastructure into separate infrastructure investment trusts or InvITs to better monetize and unlock value from these assets.

“Through these investments we have created world-class, legacy-free, future-proof assets all of which are fixed-mobile,” Ambani said.





READ SOURCE

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.