RIL chairman Mukesh Ambani announces development of home-grown complete 5G solution

New Delhi: Reliance Industries Ltd (RIL) said Wednesday Jio had developed its own 5G technology and plans to offer it to other telecom companies, a move that will pit it against the likes of Nokia, Ericsson, Huawei and Samsung, in what analysts said was the first such initiative by a mobile phone operator. RIL said its telecom unit had created a complete 5G solution, using 100% homegrown technologies that will allow it to launch next-generation, high-speed services in India.

With India looking to keep Huawei and ZTE out following hostilities on the border with China, dependence on other overseas suppliers would have increased costs, analysts said.