According to a statement from the company, Reliance Jio is going to roll out 5G in the country.
The release said that this is the first partnership between the two companies. The 5G spectrum was auctioned in August. Reliance Jio, the telecom arm of RIL, was the largest buyer of 5G spectrum with a bid of over Rs 88,000 cr.
We are happy to partner with them for 5G. The launch of Long Term Evolution in India changed the landscape of the country. Reliance Jio Chairman Akash Ambani said in the announcement that they are confident that their 5G network will accelerate India's digitalisation.
The company said that the partnership aims to upgrade the network infrastructure to deliver a 5G experience.
The release stated that the 5G SA technology is expected to drive innovation and build a 5G ecosystems. In order to maximize the benefits of 5G toCSPs and their customers for individual subscribers or enterprise and industry customers, the network will use products and solutions from Ericsson.
India is building world class digital infrastructure that will drive innovation, job creation and entrepreneurship. Brje Ekholm, President and CEO of Ericsson, said, "We are happy to partner with Jio in those ambitions, through Ericsson 5G, which will be a major catalyst in meeting those digital transformation goals across society, enterprise and industry."
Disclosure: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.