JOIN USReliance Jio to roll out commercial ops by December
Reliance Industries (RIL) Chairman Mukesh Ambani, in his speech at the company’s annual general meeting (AGM) in Mumbai on Friday, revealed that RIL plans to roll out commercial services of Reliance Jio by December 2015.
“Over the next few months, we will initiate an extensive beta launch involving millions of friendly customers across all our markets. This beta programme will be upgraded into commercial operations around December of this year,” he said.
I am glad to announce that financial year 2016-17 will be the first full year of commercial operations for Jio, Mukesh added. Jio currently has an end-to-end initial capacity to serve in excess of 100 million wireless broadband and 20 million fibre-to-the-home customers, with capability to easily expand further as the business scales up.
“Jio is now present in all of the 29 states of India, with a direct physical presence in nearly 18,000 cities and towns of our nation. Jio’s wireless footprint extends even further and covers over one lakh villages. Our roadmap is to have 100 per cent national coverage within the next three years,” he said.
Jio has also deployed a network of nearly 250,000 route kilometres of fibre optics, thereby creating a future-proof digital backbone across India. Over the next three years, Jio will more than double this fibre footprint by deploying fibre optics in the last mile. By April of next year, we would have connected over one million homes via fibre with a capability of rapidly scaling up in the top 50 cities of India, Ambani added.
RIL has invested around Rs 34,000 crore in spectrum assets so far. In addition to the existing pan-India 2,300 MHz spectrum and 1,800 MHz in 14 circles, Jio invested over Rs 10,000 crore during this year’s auction to acquire 800 MHz spectrum in 10 circles and 1,800 MHz spectrum in 6 circles.
Jio gets bigger
RIL to commence Jio commercial services by December this year
Currently, Jio can serve over 100 million wireless broadband and 20 million fibre-to-the-home customers
Jio is now present in all of the 29 states of India, with a direct physical presence in nearly 18,000 cities
RIL has invested around Rs 34,000 crore in spectrum assets so far