Reliance Jio has called on the Indian government to develop a policy for the complete shutdown of 2G and 3G networks, advocating for a transition that focuses solely on 4G and 5G services.
What Happened? This move, Jio suggests, would not only reduce network costs but also accelerate the migration of customers to more advanced networks, thereby boosting the development of the 5G ecosystem.
In its submission to the Telecom Regulatory Authority of India (TRAI), Jio emphasized the transformative potential of 5G technology. “5G services, its ecosystem, and use cases will play a crucial role in driving digital transformation across various industries by providing faster and more reliable connectivity,” Jio stated, responding to a TRAI consultation paper.
See also: Microsoft CEO Satya Nadella May Visit India Next Month, All Eyes On AI Startups: Report
Unlike its competitors Airtel and Vodafone Idea, which still operate significant 2G networks, Jio does not have any 2G or 3G networks.
Jio highlighted that 5G’s enhanced capacities would enable new business models and revenue streams, supporting a range of advanced applications and use cases, from the Internet of Things (IoT) and Industry 4.0 to autonomous vehicles, smart cities, and AI-driven smart factories.
This technological leap, according to Jio, necessitates a reevaluation of existing policies to ensure rapid and effective adoption of 5G, ultimately driving sustainable economic development.
Read Next: Adani Ent ‘Too Big To Ignore': U.S. Brokerage Sees 51% Upside For Firm
Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.