RIL to invest Rs 2 lakh crore in 5G, eyes Diwali metro launch

Reliance Industries (RIL) will invest Rs 2 lakh crore ($25 billion) to roll out 5G services across the country, its chairman Mukesh Ambani announced on Monday. The company’s telecom unit Jio will launch the next-generation services this Diwali (which falls in October) in select cities and will expand the coverage across India by December 2023.

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