Reliance Jio 4G Rollout from 2015, Says Mukesh Ambani

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P.R. Sanjai/ live mint

Reliance Industries Ltd (RIL) plans to invest Rs.1.8 trillion in the next three years to expand its businesses, including retail, petrochemicals, telecommunications.

Reliance Industries will complete its petrochemical investments in the next 2-3 years, while focusing on executing projects in the current fiscal year and the next fiscal, chairman Mukesh Ambani said at the company’s 40th annual meeting on Wednesday.

Referring to the much-anticipated and much-delayed 4G rollout plans of Reliance Jio Infocomm Ltd, the company’s telecom unit, Ambani said limited field trials for broadband are in progress, and 2015 will see a phased launch of Reliance Jio across India. Original post at Live Mint

Wahengbam Rorrkychand

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