Reliance Jio’s 5G plan draws the line between optimism and realism

Is Mukesh Ambani’s announcement that Reliance Jio will offer 5G services towards the second half of next year a case of crazy optimism or a realistic goal? The statement, made a few days ago at the Indian Mobile Congress, stumped the industry.

The viability of the objective depends on three factors. One, can the DoT deliver on its promise to go to a 5G auction in March-April despite opposition to the high base price? Two, how much money is Jio willing to raise and invest after RIL made such a gigantic effort to be debt free? Three, how effectively Jio can take advantage of breakthroughs …

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First Post: Friday, December 11, 2020 6:05 AM IST

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