Reliance Jio begins preparations for 5G launch
Welcome back to our blog "knowing steps360". Reliance Jio has becomes the largest Network company in India and it's growing the area of network coverage in good better quality internet connection with better calling supports.
** The total value of spectrum purchased by Reliance Jio is Rs 57123 crore and it can also be used to provide 5G service.
The process of spectrum auction being run by the Department of Telecommunications for two days has come to an end today. In this, telecom industry giant Reliance Jio has bought spectrum in all 22 circles. The total value of spectrum purchased by Reliance Jio is Rs 57123 crore. After this purchase, Reliance Jio will have a total of 1717 megahertz (uplink + downlink), which is 55 percent more than before. Reliance Jio is expected to be further strengthened by the purchase of spectrum.
Mukesh Ambani's company bought the most spectrum
Chairman of Reliance Industries Mukesh Ambani said that “Jio has brought a digital revolution in India, India has become a fast adopting digital-life. We want to ensure that along with our existing customers, we can provide the best digital experience to the 300 million potential users connecting with digital services. We are ready to further expand our digital footprint in India and are also preparing ourselves for the 5G rollout. "
The first auction of telecom spectrum in India in five years ended on Tuesday with the purchase of a spectrum of Rs 77,814.80 crore, in which most of the spectrum was bought by Mukesh Ambani's Reliance Jio. The spectrum prices will be paid by the telecom companies in the next 18 years. Reliance Jio is in a strong position compared to competitors as Jio has spectrum available for an average of 15.5 years.
Airtel acquires spectrum for Rs 18,699 crore
If we talking about On the other hand, if you talk about Airtel, then the company has acquired a spectrum of Rs 18,699 crore in today's auction. According to the report, Bharti Airtel has said that the company has acquired 355.45 MHz spectrum for Rs 18,699 crore for the sub GHz, mid-GHz and 2300 MHz bands in this spectrum auction. The company has secured a pan India footprint of sub GHz spectrum which will help improve indoor and building coverage. Its most important thing is that the company will improve its indoor coverage and this will help to improve the coverage in the villages as well.
Expecting Date to Launch of Jio 5G India
Jio Groupe of networking works too hard for coming to the 5G network as soon as possible.At the recent India Mobile Congress (IMC), Reliance Industries' chairman Mukesh Ambani announced his telecom venture Jio's plans to launch 5G technology next year. "Jio will pioneer the 5G revolution in India in the second half of 2021.
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