As The Capex Cycle Nears Completion, Reliance Jio Will Concentrate On 5g Monetization

Reliance Jio, Reliance Industries Limited’s telecom business, is anticipated to turn its attention to monetizing 5G services as its 5G capital expenditure (capex) cycle nears completion.

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In India, Reliance Jio and Bharti Airtel are the two firms that provide 5G services. They encompass approximately 10,000 cities and municipalities.

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They want to achieve pan-India coverage by the end of the current fiscal year, or March 2024.

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Reliance Jio, Reliance Industries Limited’s telecom business, is anticipated to turn its attention to monetizing 5G services as its 5G capital expenditure (capex) cycle nears completion.