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Telecommunication

India's Reliance Jio to start 5G services within 2 months

Telecoms unit of massive Reliance conglomerate dominated nation's 5G auction

Telecommunications giant Reliance Jio Infocomm snaffled up a big chunk of the airwaves on sale in India's maiden auction of 5G spectrum in July.   © Reuters

BENGALURU -- The telecommunications arm of Indian conglomerate Reliance Industries plans to launch 5G services in some of the country's biggest cities in the next couple of months, before expanding to the rest of the nation by 2023.

Reliance Jio will invest 2 trillion rupees ($25 billion) on rolling out the services, the group's chairman, Mukesh Ambani, said on Monday.

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