Billionaire Mukesh Ambani, who shook up the telecom sector with his free voice calling and data plans, said 4G telecom coverage in India will surpass that of 2G in a year.
Ambani is optimistic that India, riding on the back of digital revolution, will grow to a $7-trillion economy in the next 10 years, from $2.5 trillion, and rank among the top three economies in the world.
“Data is the oxygen of a digital economy. We cannot deprive Indians of this vital life-sustaining resource. We have to provide ubiquitous access to high-speed data at affordable prices,” he emphasised.
The RIL chairman made the point that it has to be ensured every Indian has access to an affordable smartphone that connects him to limitless knowledge and the power of the Internet.
Reliance Jio his telecom upstart that has captured more than 128 million users within a year of launch, will this week roll out a basic 4G phone that will be available to its users on making a refundable deposit of Rs. 1,500.
