Celebrate ‘Azadi Ka Amrit Mahotsav’ With Reliance Jio’s 5G-Enabled Services

Reliance Jio is gearing up to roll out an advanced 5G network after buying spectrum worth ₹ 88,078 crore in the auctions. Chairman of Reliance Jio Infocomm, Akash M Ambani, said that would celebrate ‘Azadi ka Amrit Mahotsav’ with a pan India 5G rollout.

Ten Highlights Of The Story

Reliance Jio’s 5G
  1. Jio has been allotted spectrum in the 700 MHz, 800 MHz, 1800 MHz, 3300 MHz, and 26 GHz bands.
  2. Jio will be the only operator providing pan-India 5G services in the 700MHz spectrum. It has bought spectrum worth ₹ 39,270 crore in the coveted 700 MHz bands and radiowaves worth ₹ 1,050 crore for spectrum in the 800 MHz band.
  3. Jio paid ₹ 33,740 crore for radiowaves in the 3300 MHz bands, ₹ 6,990 crore in the 26 GHz band, and ₹ 7,027 crore in the 1800 MHz band.
  4. Jio owns the highest spectrum footprint, 26,772 MHz (uplink-downlink), in the country. Its total payment for spectrum across multiple bands has also increased to ₹ 7,877 crore.
  5. Mr. Ambani said that Jio was committed to offering world-class, affordable 5G and 5G-enabled services. The company would accelerate the country’s digital revolution, especially in the education, healthcare, agriculture, manufacturing, and e-governance sectors.
  6. Mr. Ambani further said that Jio’s 5G network would enable the digital solutions that would accelerate India’s AI (Artificial Intelligence) driven march towards becoming a $5 trillion-plus economy.
  7. Telecom Minister Ashwini Vaishnaw said that out of the 72,098 MHz of spectrum offered across 10 bands, 51,236 MHz, or 71%, was sold in recently concluded auctions.
  8. The minister further said that bids worth ₹ 1,50,173 crore were received. The government will get ₹ 13,365 crore in the first year.
  9. Richest Indian Gautam Adani’s group bought 400Mhz or 1% of all spectrum sold for ₹ 212 crore.
  10. Telecom tycoon Sunil Bharti Mittal’s Bharti Airtel won a bid of ₹ 43,084 crore, while Vodafone Idea Ltd bought spectrum for ₹ 18,799 crore.

Source:- https://bit.ly/3OMdjR2

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