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Reliance Jio Sets Sights on Global Expansion with Innovative Tech Products

Telecom

Business Honor
16 August, 2024

Reliance Jio is positioning itself for a future of sustained growth and global influence.

Reliance Jio, the largest telecom operator in India, is gearing up to extend its reach beyond national borders, aiming to make a significant global impact. This ambitious plan, which has been a strategic focus for the company, includes a notable bid for a stake in a Sri Lankan telecom operator and a series of groundbreaking products poised for international markets.

Jio is not just expanding its telecom services but is also venturing into the global arena with a suite of cutting-edge technologies. The company has developed a range of products, including advanced Internet of Things (IoT) solutions, state-of-the-art telecom radios, and more. These innovations are set to be marketed internationally, showcasing Jio's homegrown technological prowess.

Currently operating under the umbrella of Reliance Industries Limited (RIL), Jio is planning a future listing as an independent entity on the Indian stock market. This move is expected to bolster shareholder returns and cement Jio's status as a key player on the global stage.

A highlight of Jio's technological achievements is its indigenously developed 5G stack, which is now handling a significant 30% of data traffic on its networks. With more consumers transitioning to 5G phones and opting for eligible 5G prepaid plans, this figure is anticipated to rise. Jio's success in this domain underscores the effectiveness of its 5G infrastructure, which is now deployed at scale.

In addition to its telecom innovations, Jio has also introduced affordable feature phones, known as JioBharat devices. These phones, which support 4G and online payments, have already gained traction in India and are expected to perform well in developing markets such as Africa. With over 1,000 patents filed and more than 100 granted in the fiscal year 2024, Jio's commitment to technological advancement is evident.