AIRLINK 80.10 Increased By ▲ 1.71 (2.18%)
BOP 5.30 Decreased By ▼ -0.04 (-0.75%)
CNERGY 4.37 Increased By ▲ 0.04 (0.92%)
DFML 33.19 Increased By ▲ 2.32 (7.52%)
DGKC 78.45 Decreased By ▼ -0.06 (-0.08%)
FCCL 20.60 Increased By ▲ 0.02 (0.1%)
FFBL 32.65 Increased By ▲ 0.35 (1.08%)
FFL 10.37 Increased By ▲ 0.15 (1.47%)
GGL 10.33 Increased By ▲ 0.04 (0.39%)
HBL 118.80 Increased By ▲ 0.30 (0.25%)
HUBC 135.65 Increased By ▲ 0.55 (0.41%)
HUMNL 6.85 Decreased By ▼ -0.02 (-0.29%)
KEL 4.47 Increased By ▲ 0.30 (7.19%)
KOSM 4.80 Increased By ▲ 0.07 (1.48%)
MLCF 38.59 Decreased By ▼ -0.08 (-0.21%)
OGDC 134.65 Decreased By ▼ -0.20 (-0.15%)
PAEL 23.56 Increased By ▲ 0.16 (0.68%)
PIAA 26.75 Increased By ▲ 0.11 (0.41%)
PIBTL 7.03 Increased By ▲ 0.01 (0.14%)
PPL 113.60 Increased By ▲ 0.15 (0.13%)
PRL 28.08 Increased By ▲ 0.35 (1.26%)
PTC 14.70 Increased By ▲ 0.10 (0.68%)
SEARL 58.25 Increased By ▲ 1.75 (3.1%)
SNGP 67.85 Increased By ▲ 1.55 (2.34%)
SSGC 11.20 Increased By ▲ 0.26 (2.38%)
TELE 9.27 Increased By ▲ 0.12 (1.31%)
TPLP 11.79 Increased By ▲ 0.12 (1.03%)
TRG 71.99 Increased By ▲ 0.56 (0.78%)
UNITY 25.22 Increased By ▲ 0.71 (2.9%)
WTL 1.39 Increased By ▲ 0.06 (4.51%)
BR100 7,530 Increased By 37.1 (0.5%)
BR30 24,767 Increased By 209 (0.85%)
KSE100 72,419 Increased By 366.8 (0.51%)
KSE30 23,849 Increased By 41.7 (0.18%)

NEW DELHI: Indian billionaire tycoon Mukesh Ambani, who controls India's biggest wireless carrier Reliance Jio Infocomm, said on Wednesday the country should prioritise the rollout of 5G telecommunications and also ensure devices become affordable.

India, the world's second-biggest telecoms market with more than a billion subscribers, must migrate from 2G to 4G and then to 5G at the earliest, Ambani, the chairman of Reliance Industries and Asia's richest man, said during the Indian Mobile Congress.

"At Jio, we are currently focused on 4G and 5G execution, and broadband infrastructure expansion."

His comments come a week after a top government official said that India is planning to auction 5G airwaves early next year.

Jio, which counts Alphabet's Google, Facebook , Qualcomm and Intel among its backers, is confident of being the first to launch 5G services in India, Ambani said previously.

As part of its technology push, Jio has also developed a homegrown 5G solution.

Google, which last year invested $4.5 billion in Jio's parent Jio Platforms, has also said it will help the wireless carrier with tech solutions for its enterprise and consumer offerings as it plans to launch 5G services.

Reliance last month launched a low-cost 4G device jointly developed with Google, priced at 6,499 rupees ($86), as part of a plan to woo first-time smartphone buyers.

The device costs 1,999 rupees upfront and users can pay the rest in monthly instalments.

Comments

Comments are closed.