Jio poised to play key role in development of 5G ecosystem in India: RIL

"Jio with its 5G-ready network and extensive fiber assets, would play a key role in the development of the 5G ecosystem in India, based on market dynamics," the annual report stated

Reliance Jio would play a key role in the development of the 5G ecosystem in India based on the market dynamics, Reliance Industries said in its latest annual report.

On the issue of floor price for mobile services, the company noted that market dynamics have improved in the recent past as reflected by December tariff hikes by operators.

The government has also expressed its intentions of conducting the next round of spectrum auctions during the fiscal year 2020-21, it said.

"Jio with its 5G-ready network and extensive fiber assets, would play a key role in the development of the 5G