Is Mukesh Ambani’s announcement that Reliance Jio will offer 5G services towards the second half of next year a case of mad optimism or a realistic target?
The statement, made a few days ago at the Indian Mobile Congress, stumped the industry. The feasibility of the goal depends on three factors.
One, can the DoT keep its promise of going for a 5G auction in March-April despite opposition to the high base price? Two, how much money is Jio ready to raise and invest after RIL made such a mammoth effort to become debt-free? Three, how effectively can Jio leverage