In the annual report, Reliance industries revealed the plans for its Jio 5G in India. The report quotes that Jio has finished rolling out its plans in 1000 cities across India and it has given the list of 22 cities receiving a 5G network very soon. Planning the revenue possibilities, the company has prepared heat maps, 3D maps, and ray tracing technologies to implement 5G in the country.
As per the reports, Reliance Jio now is the highest bidder at the recent auction and owned the premium 700MHz band. The band is claimed to provide greater coverage by installing fewer towers. Soon after the auction, new Jio chairman Akash Ambani also announced that the company would celebrate Azadi ka Amrit Mahotsav on the occasion of 5G introduction.
Jio 5G Network in India
5G spectrum auction was received by the Indian government bidding at Rs. 1.5 lakh crore or in other words, it was 71% of the total 5G spectrum. Reliance Jio has been the top spender in the 5G spectrum auction. The company paid Rs. 88078 crores to own the rights to the 24740MHz 5G spectrum. Now, the company has the access to 700MHz, 800MHz, 1800MHz, 3300MHz, and 26GHz bands.
However, the company has chosen nine cities to start the initial phase of the 5G spectrum. These cities include Mumbai, Navi Mumbai, Jamnagar, Hyderabad, Lucknow, and others. Another great news is that the company has tied up with the University of Oulu in Finland to accelerate the 6G research program and bring access into the world as soon as possible.
The department of Telecom estimates that 5G technology will have download speeds 10x faster than the 4G but the speed optimizations would make additional costs. Most industry experts predict that the 5G data plans would cost at least 30% more than the existing 4G plans.
