The two companies announced in a joint statement late Tuesday local time that geoplatforms and its US wholly-owned subsidiary RadiSys would cooperate with Qualcomm to accelerate the development and launch of 5g network infrastructure and services in India.
Although India has not yet auctioned 5g wireless spectrum, Ambani has always been preparing for the next generation of wireless services for jioplatforms, saying it is already developing relevant technologies internally. This means that it doesnt cost too much money to switch to a new system, which will lead the company ahead of its competitors, Ambani said.
Ambani said he was also interested in selling the technology to other operators if it was successfully launched in the Indian market. Jiaoplatforms made its debut in India four years ago, offering free phone calls and cheap data traffic. It is now Indias largest operator with about 400 million users.
Local media in India say that the company is planning to launch a cheap 5g smartphone that will eventually sell for less than $40. With geoplatforms at its core, Asias richest man has set out to transform Reliance Industries, its energy group, into a technology giant.
Ambani has set its sights on e-commerce, trying to compete with Amazon and Wal Marts Indian subsidiaries. This year, Ambani raised more than $20 billion by selling shares to investors including Facebook and Google. (small)
Source: Qiao JunJing, editor in charge of Netease science and Technology Report_ NBJ11279