India’s richest man and Qualcomm team up to develop 5G network

On October 21st, according to foreign media reports, US chip giant Qualcomm will jointly develop 5G solutions with Indian billionaire Mukesh Ambani’s wireless operator Jio Platforms, hoping to bring high-speed networks to the Internet as soon as possible Enter India, the world’s second largest mobile market. And reached a speed of 1 Gbps during the test.

The two companies announced on Tuesday that this cooperation plan aims to accelerate the pace of development and launch independent 5G network infrastructure and services in India. Qualcomm has invested 730 million rupees to acquire a 0.15% stake in Jio Platforms.

Jio Platforms debuted in India four years ago, offering free phone calls and cheap data traffic services. Now, it has become India’s largest operator with approximately 400 million users .

Although India has not yet auctioned 5G wireless spectrum, Ambani is always preparing for Jio Platforms to build next-generation wireless services, and said that it is already developing related technologies internally. He also said that if this technology can be successfully launched in the Indian market, he is also interested in selling it to other operators.

Local Indian media reported that the company is planning to launch a low-cost 5G mobile phone, priced at just a few dozen dollars, and the richest man in Asia has already begun to transform the company into a technology giant.

Mathew Oommen, President of Reliance Jio Infocomm, said: “We are very pleased to work with Qualcomm to develop a truly open and software-defined new generation of cloud-native 5G RAN (radio access network) technology. Developed through the combination of Qualcomm’s technology and Jio platform and scale The secure RAN solution provides an ideal combination for local manufacturing and the acceleration of the realization of inclusive 5G countries by Atmanirbhar Bharat (Indian Prime Minister Modi’s “Make India a self-reliant country”).”

At Reliance’s annual shareholder meeting in July, Ambani announced plans to design and develop a complete 5G solution, and said that once it has spectrum, it can be tried.

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