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RIL to launch 4G telecom venture in December

By Religare

Reliance Industries Ltd has said that it will launch its 4G telecoms venture in December through a direct physical presence in over 1,000 Jio Centers and will also sell self-branded devices under its retail unit, media reported.As per reports, the company has already invested over USD 15 billion in building the country's largest 4G broadband network, with commercial operations expected to start in December.

The company will use a two-pronged strategy for ensuring device availability, using open market as well as self-branded devices under its retail unit's electronics arm, Reliance Digital.


Commenting on the issue, a Company official told the media, "Reliance Digital would be a catalyst by making available entry level to ultra premium 4G LTE smartphones... in driving the device ecosystem in India for Jio."

"Apart from the 1,000 'Jio Centers,' the company will have 500,000 connectivity outlets and 1 million additional recharge outlets at launch," he added.

Story first published: Monday, July 27, 2015, 12:40 [IST]
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