Reliance Jio: 5G Plan on the Way

Reliance Jio, with its new heights at the tech world across the globe under India’s richest man Mukesh Ambani, is all set to prepare for the 5G plan. Jio Platforms, the parent company of Reliance Jio Infocomm LTD. has already started searching for the partnership, acquiring or domestic firms to manufacture and produce the 5G products.

At the Reliance Jio first virtually Annual General Meeting (AGM) on 15^th July 2020, the Chairman Mukesh Ambani addressed the 5G Plan by the next year. The 5G solution is to focus on the Made in India mission. With the country current ongoing focus on the Indian made products, this can be the best opportunity for Jio platform to establish the 5G plan to Indians.

    Jio chairman Mukesh Ambani at Reliance 43rd Annual General Meeting-  Image Source                         

“This Made-in- India 5G the solution will be ready for trails soon as 5 Spectrum is available and can be ready for field deployment next year” – said by chairman Mukesh Ambani at the company annual greeting meeting.

The 5G solution designed from scratch for India scale to export it globally is yet to be polished.

“Once Jio’s 5G solution is proven in India- scale, Jio Platforms would be well-positioned to be an exporter of 5G solutions to other telecom operators globally, as a complete managed service” – said Mukesh Ambani

 

The pro’s for Jio’s 5G

·      The industry analyst stated that 5G plan confidence claims are the result of the company strong financial position - $87 billion in revenue. The 7.7% stake of Google at the Jio Platforms for the upcoming jointly produce “entry-level affordable” 4G/5G platform is another big advantage for Jio platforms.

·      The “Atmanirbhar” aim of the company is linked with the current government initiative to ban Chinese vendors. Thus, to get the approval of the 5G trial from the department of telecommunication (DOT) it became important for this tech giant to collaborate with non- Chinese vendors. The high up on the acquisition or partnership is HFCL, Tejas Networks, Niral Networks, Lekha Wireless Solutions, VVDN technologies, Signal chips and others. The good domestic firms will support Jio 5G plan as it will increase their competency in the telecom market.

·      The rule out of china’s Huawei and ZTE from foreign countries such as the US, UK and Australia is a golden chance to replace it with Jio’s 5G solution. It’s disruptive pricing with being 15% cheaper will also hold it at the top across Indian markets.

 

Jio Platforms increasing reputation, investments, partnership at a world level such as Facebook, Google, Silver Lake Partners, Vista Equity Partners, KKR, Mubadala, Abu Dhabi’s etc. is a clear statement of its reliability. The future is bright for the Jio 5G solution and is in full swing to be ready for the fifth-generation mobile network change globally.