NEW DELHI – The chairman of Reliance Industries Ltd., which owns mobile service operator Reliance Jio, said on Thursday that India would be fully connected to the 4G network within two years, and 5G-ready ahead of other countries.
“By 2020, I believe that India will be a fully-4G country... and ready for 5G ahead of others,” said Mukesh Ambani at the second edition of the India Mobile Congress 2018 in New Delhi.
“Every phone in India will be a 4G enabled phone... and every customer will have access to 4G connectivity,” he added.
Ambani underlined that in just two years, India, a country of 1.25 billion people, went from being ranked 155th in mobile broadband penetration to becoming the world’s number one in data consumption.
India has recorded the fastest transition from 2G and 3G to 4G in the world, according to Ambani, who is the richest person in the country.
Reliance Jio, with its cheap tariff, had disrupted the mobile telephony market in India after it was launched in Sept. 2016.
The company has grown in leaps and bounds since then and severely dented the profits of competitors Airtel, Vodafone and Idea.
Over the last one year, the number of Jio mobile services users had doubled to 215 million, according to the company.