Technoglitch
Core Member
The much anticipated launch of 4G services in India by Mukesh Ambani-led Reliance Jio (RJio) has been further delayed by at least a quarter, according to a recent company filing with the Bombay Stock Exchange (BSE).
"Financial year 2016-17 is projected to be the first year of commercial operations for RJIL [Reliance Jio Infocomm Limited]," said the BSE filing. This comes after the operator had previously indicated it would launch operations by the end of the current calendar year, after picking up a pan-India 2.3GHz license in 2010. It has invested nearly 1 trillion India rupees ($15.1 billion) in operations so far. (See RJio to Launch 4G in December.)
This delay could have a major impact on Reliance Jio 's prospects in the Indian market. It will give existing mobile operators more time to prepare for and publicize their own 4G service launches. And as RJio's rivals launch 4G services, it will get all the harder for the new entrant to lure customers from other players.
RJio Delays 4G Launch Yet Again | Light Reading
"Financial year 2016-17 is projected to be the first year of commercial operations for RJIL [Reliance Jio Infocomm Limited]," said the BSE filing. This comes after the operator had previously indicated it would launch operations by the end of the current calendar year, after picking up a pan-India 2.3GHz license in 2010. It has invested nearly 1 trillion India rupees ($15.1 billion) in operations so far. (See RJio to Launch 4G in December.)
This delay could have a major impact on Reliance Jio 's prospects in the Indian market. It will give existing mobile operators more time to prepare for and publicize their own 4G service launches. And as RJio's rivals launch 4G services, it will get all the harder for the new entrant to lure customers from other players.
RJio Delays 4G Launch Yet Again | Light Reading
