Media & Entertainment

Reliance Jio to spend $25B on 5G rollout, debut in October and reach every town by 2023 end

Comment

car on road driving past Jio signs
Image Credits: Dhiraj Singh / Bloomberg / Getty Images

Reliance Jio Infocomm, India’s top telecom mobile operator, has earmarked a spending of $25 billion on the rollout of its 5G services that it plans to debut in key cities this Diwali in October, the company announced at its annual general meeting Monday. The company, which has amassed more than 421 million telecom subscribers, will extend its 5G network to “every town” in India by the end of 2023, it said.

Reliance Industries’ Mukesh Ambani said Jio will deploy a standalone 5G architecture that doesn’t rely on existing 4G network and hence offers superior performance. The company can connect 100 million homes with its 5G network and further accelerate its connectivity ambitions with fixed broadband services, he said, without sharing tariff details.

The company unveiled the AirFiber, a wireless plug-and-play 5G hotspot that doesn’t require fiber cables to reach homes, he said.

“Jio has developed a JioAirFiber Home Gateway, which is a wireless, simple, single-device solution to have a Wi-Fi hotspot in a home, connected to ultra-high-speed internet using true 5G,” it said.

“With single device JioAirFiber, it will be real easy to quickly connect any home or office to Gigabit-speed internet. With the simplicity of JioAirFiber, hundreds of millions of homes and offices can be connected to ultra-high-speed broadband in a very short period. With it, India can rank among the top 10 nations, even for fixed broadband.”

The announcement follows tycoon Ambani’s Jio — which counts Google and Meta among its backers — spending $11.13 billion to buy more 5G airwaves than any other telecom operator in the country.

Image Credits: Reliance Jio

The company is working with Meta, Google, Microsoft, Intel and Qualcomm to broaden their joint collaborations, Ambani said.

With Meta, Jio is working to develop immersive technology and metaverse, whereas the Indian firm and Google are working on ultra-affordable 5G smartphones as well as collaborating on Google Cloud in the country, he said. Microsoft and Jio inked a deal in 2019 to bring Office 365 and other solutions to small businesses. The companies said they are working on broadening their business applications offerings.

Jio said it is also expanding its partnership with Qualcomm to develop 5G solutions for India, which both the firms believe can be expanded outside of the country.

Jio Platforms is looking to offer a range of sophisticated offerings, including simultaneous camera-viewings for live cricket matches, it said. Viacom18 — a venture between Ambani’s Reliance and Paramount — scored the streaming rights for Indian Premier League cricket tourney in the Indian subcontinent region with a bid of $3 billion recently, beating rivals including Disney. The company is also exploring 5G applications in virtual reality, augmented reality, healthcare and agriculture, said Ambani.

Reliance, a $221 billion empire, is also venturing into the business of cloud PC, with a service called Jio Cloud PC, Ambani said. “With no upfront investment or tension of periodical upgrading, a user needs to pay only to the extent used, resulting in a super-affordable way to bring the power of a PC, even multiple PCs, to every Indian home and business,” the company said.

More TechCrunch

After Apple loosened its App Store guidelines to permit game emulators, the retro game emulator Delta — an app 10 years in the making — hit the top of the…

Adobe comes after indie game emulator Delta for copying its logo

Meta is once again taking on its competitors by developing a feature that borrows concepts from others — in this case, BeReal and Snapchat. The company is developing a feature…

Meta’s latest experiment borrows from BeReal’s and Snapchat’s core ideas

Welcome to Startups Weekly! We’ve been drowning in AI news this week, with Google’s I/O setting the pace. And Elon Musk rages against the machine.

Startups Weekly: It’s the dawning of the age of AI — plus,  Musk is raging against the machine

IndieBio’s Bay Area incubator is about to debut its 15th cohort of biotech startups. We took special note of a few, which were making some major, bordering on ludicrous, claims…

IndieBio’s SF incubator lineup is making some wild biotech promises

YouTube TV has announced that its multiview feature for watching four streams at once is now available on Android phones and tablets. The Android launch comes two months after YouTube…

YouTube TV’s ‘multiview’ feature is now available on Android phones and tablets

Featured Article

Two Santa Cruz students uncover security bug that could let millions do their laundry for free

CSC ServiceWorks provides laundry machines to thousands of residential homes and universities, but the company ignored requests to fix a security bug.

17 hours ago
Two Santa Cruz students uncover security bug that could let millions do their laundry for free

OpenAI’s Superalignment team, responsible for developing ways to govern and steer “superintelligent” AI systems, was promised 20% of the company’s compute resources, according to a person from that team. But…

OpenAI created a team to control ‘superintelligent’ AI — then let it wither, source says

TechCrunch Disrupt 2024 is just around the corner, and the buzz is palpable. But what if we told you there’s a chance for you to not just attend, but also…

Harness the TechCrunch Effect: Host a Side Event at Disrupt 2024

Decks are all about telling a compelling story and Goodcarbon does a good job on that front. But there’s important information missing too.

Pitch Deck Teardown: Goodcarbon’s $5.5M seed deck

Slack is making it difficult for its customers if they want the company to stop using its data for model training.

Slack under attack over sneaky AI training policy

A Texas-based company that provides health insurance and benefit plans disclosed a data breach affecting almost 2.5 million people, some of whom had their Social Security number stolen. WebTPA said…

Healthcare company WebTPA discloses breach affecting 2.5 million people

Featured Article

Microsoft dodges UK antitrust scrutiny over its Mistral AI stake

Microsoft won’t be facing antitrust scrutiny in the U.K. over its recent investment into French AI startup Mistral AI.

19 hours ago
Microsoft dodges UK antitrust scrutiny over its Mistral AI stake

Ember has partnered with HSBC in the U.K. so that the bank’s business customers can access Ember’s services from their online accounts.

Embedded finance is still trendy as accounting automation startup Ember partners with HSBC UK

Kudos uses AI to figure out consumer spending habits so it can then provide more personalized financial advice, like maximizing rewards and utilizing credit effectively.

Kudos lands $10M for an AI smart wallet that picks the best credit card for purchases

The EU’s warning comes after Microsoft failed to respond to a legally binding request for information that focused on its generative AI tools.

EU warns Microsoft it could be fined billions over missing GenAI risk info

The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after a United States Trustee filed an emergency motion on Wednesday.  The trustee is asking…

A US Trustee wants troubled fintech Synapse to be liquidated via Chapter 7 bankruptcy, cites ‘gross mismanagement’

U.K.-based Seraphim Space is spinning up its 13th accelerator program, with nine participating companies working on a range of tech from propulsion to in-space manufacturing and space situational awareness. The…

Seraphim’s latest space accelerator welcomes nine companies

OpenAI has reached a deal with Reddit to use the social news site’s data for training AI models. In a blog post on OpenAI’s press relations site, the company said…

OpenAI inks deal to train AI on Reddit data

X users will now be able to discover posts from new Communities that are trending directly from an Explore tab within the section.

X pushes more users to Communities

For Mark Zuckerberg’s 40th birthday, his wife got him a photoshoot. Zuckerberg gives the camera a sly smile as he sits amid a carefully crafted re-creation of his childhood bedroom.…

Mark Zuckerberg’s makeover: Midlife crisis or carefully crafted rebrand?

Strava announced a slew of features, including AI to weed out leaderboard cheats, a new ‘family’ subscription plan, dark mode and more.

Strava taps AI to weed out leaderboard cheats, unveils ‘family’ plan, dark mode and more

We all fall down sometimes. Astronauts are no exception. You need to be in peak physical condition for space travel, but bulky space suits and lower gravity levels can be…

Astronauts fall over. Robotic limbs can help them back up.

Microsoft will launch its custom Cobalt 100 chips to customers as a public preview at its Build conference next week, TechCrunch has learned. In an analyst briefing ahead of Build,…

Microsoft’s custom Cobalt chips will come to Azure next week

What a wild week for transportation news! It was a smorgasbord of news that seemed to touch every sector and theme in transportation.

Tesla keeps cutting jobs and the feds probe Waymo

Sony Music Group has sent letters to more than 700 tech companies and music streaming services to warn them not to use its music to train AI without explicit permission.…

Sony Music warns tech companies over ‘unauthorized’ use of its content to train AI

Winston Chi, Butter’s founder and CEO, told TechCrunch that “most parties, including our investors and us, are making money” from the exit.

GrubMarket buys Butter to give its food distribution tech an AI boost

The investor lawsuit is related to Bolt securing a $30 million personal loan to Ryan Breslow, which was later defaulted on.

Bolt founder Ryan Breslow wants to settle an investor lawsuit by returning $37 million worth of shares

Meta, the parent company of Facebook, launched an enterprise version of the prominent social network in 2015. It always seemed like a stretch for a company built on a consumer…

With the end of Workplace, it’s fair to wonder if Meta was ever serious about the enterprise

X, formerly Twitter, turned TweetDeck into X Pro and pushed it behind a paywall. But there is a new column-based social media tool in town, and it’s from Instagram Threads.…

Meta Threads is testing pinned columns on the web, similar to the old TweetDeck

As part of 2024’s Accessibility Awareness Day, Google is showing off some updates to Android that should be useful to folks with mobility or vision impairments. Project Gameface allows gamers…

Google expands hands-free and eyes-free interfaces on Android