MUMBAI: India’s Reliance Industries Ltd will start commercial 4G telecommunication services by December, Chairman Mukesh Ambani said.
Speaking at the company’s annual meeting of shareholders, Ambani, India’s richest man, said the telecoms unit will initiate a test launch over the next few months and that the fiscal year to March 2017 will be the first full year of its commercial operations.
Reliance, which re-entered the telecoms business in 2010 by acquiring the only company that had won nationwide 4G airwaves in a government auction, has yet to start services as it builds the business under its unit Reliance Jio on an unproven and still-developing technology.
