Reliance Jio, the newest 4G operator in the country, is working hard on its expansion plans and is planning to provide 100% coverage in the state of Gujarat by October this year. At present the 4G operator covers 90% of the state’s population through its network.
“Today more than 90% of the state’s (Gujarat) population is covered by Jio’s 4G LTE network and by Diwali 100% of this state will be covered,” Reliance Industries Chairman Mukesh Ambanii said on Tuesday while addressing the Vibrant Gujarat Summit in Gandhinagar.
Taking a dig at other operators Ambani said only 35% the state’s population was covered by 3G network till 2014-15.
Gujarat is the first state where Reliance Jio acquired its first 5 million subscribers in less than 90 days, he added.
The company is also planning to connect lakhs of merchants and shops to create the commerce and the payment network to support our Prime Minister’s cash-less digital vision in coming years.
Talking about investments, Ambani said Gujarat is a sacred land for him as his father was born there and the company started its business from the state. And in the process Reliance had invested more than Rs2,40,000 crore or over $45 billion so dfar.
“It is the biggest investment made by an Indian corporate in a single state. Out of this in the past four years, we have invested more than Rs 1,25,000 crores in Gujarat and I am happy to report that we have invested Rs. 10,000 crores more than what we had committed or signed as MoUs and all these investments will be complete by March 2017,” he said.
These investments, he said, provide sustained employment both direct and indirect to over 2,00,000 people and contribute to Gujarat’s export competitiveness.
“Jio will connect all colleges and schools in Gujarat so that our future generation students have access to information in the coming year and Jio will connect all hospitals and medical facilities to create the next generation health and medical infrastructure in our state,” he added.