Reliance Jio completes 5G coverage strategy for top 1000 cities – The New Indian Express | Techno Glob

By Express news service

NEW DELHI: India’s largest telecom operator Reliance Jio has finalized its 5G coverage strategy for 1000 top cities with 100% indigenous technology. The company said in its annual report that Jio has also developed several use cases for 5G in areas such as healthcare and industrial automation. Jio has also entered into a strategic partnership with Google for its Cloud Solutions to power the 5G experience of Indian businesses and consumers.

“Jio has joined hands with the University of Oulu in Finland, the leader of the world’s first major 6G research program, to accelerate research and standardization of 6G, the futuristic new generation of post-5G telecommunication technologies,” the company said in its annual report. . Reliance’s telecom arm Jio was the most aggressive bidder in the recently concluded 5G spectrum auction.

The company spent Rs 88,078 crore to acquire spectrum in the 700MHz, 800MHz, 1800MHz, 3300MHz and 26GHz bands in all 22 circles. It is the only telco that can provide a signal range of 6-10 kilometers with a single tower, and is a good base for offering fifth generation (5G) services in all 22 circles or zones of the country, which has bought expensive 700 MHz spectrum. .

In the energy sector, the company said it will develop green energy solutions that will make clean and abundant energy available to everyone at the lowest cost. “Just as India has the cheapest wireless broadband in the world today, we will have the cheapest green energy in the world within this decade. And these solutions are then exported to other countries, helping to keep carbon dioxide emissions at bay,” the company said.

To embark on the initiative, Reliance last year announced a capital commitment of $10 billion over three years. The conglomerate aims to become net carbon neutral by 2035. The total consumption of renewable energy increased by 351% during the financial year 2021-22. Reliance has also reduced burn by 16% in E&P and O2C segments compared to FY 2020-21.

Meanwhile, Reliance Retail invested nearly Rs 30,000 crore in its business and added 2,500 new stores in FY 2021-22, taking the total number of stores to 15,196. The retail giant also added over 1,50,000 jobs to the economy, taking its employee base to 3,61,000, RIL said in its annual report. During the year, Reliance Retail strengthened its sourcing ecosystem by working closely with manufacturers, SMEs, service providers, local and global brands, the company said.

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