“We’ll be ready to launch in the second half of 2016. 80 per cent of India’s population will have high-speed, mobile broadband internet.
“So 80 percent of the 1.3 billion Indians will have high-speed, mobile internet. And by 2017, we would cover 90 per cent. And by 2018, all of India would be covered by this digital infrastructure,” Mukesh Ambani told CNN’s Fareed Zakaria in an interview.
“As we saw in the year 2012-13, India is 150th in the world in mobile broadband penetration as well as quality. And Jio has really been conceived to change this position,” he said.
“And that was really a main reason. And that’s why we took very high risks,” he said.
The investment with time “now looks like being pretty good even business-wise,” he added.
Reliance Jio Infocomm Ltd (R-Jio)’s 4G services are currently available to roughly 120,000 employees, their families and business partners.
Reliance Jio had already breached the DoT roll-out guidelines.
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