4G coverage will become larger than 2G in 12 months: Mukesh Ambani

If we give the country's youth right tools and ecosystem, they will transform India, said Ambani

pratap

Pratap Vikram Singh | September 27, 2017 | New Delhi


#2G   #4G   #telecom   #Reliance Industries   #Mukesh Ambani   #mobile Congress  


 “I believe that 4G coverage in India will become larger than 2G network coverage in next 12 months,” said Reliance Industries Limited chairman Mukesh Ambani on Wednesday.

Speaking at the India Mobile Congress, Ambani said that India has leapfrogged the mobile broadband penetration to become world’s largest mobile data consuming nation in just last one year. “The pace of growth in Indian telecom industry is unparalleled in the world,” he said.
 
Ambani said that in the next 10 years, “I believe that the Indian economy will grow from present $2.5 trillion to $7 trillion. And IT and telecom has to play a foundational role creating the digital infrastructure.”
 
“As a nation we missed the first three industrial revolutions. The fourth industrial revolution is fuelled by connectivity, data and AI. India now has the opportunity to lead the fourth revolution, which has brought more dramatic transformations globally than the three revolutions,” he said. 
Stressing that data is the oxygen of the digital economy, he said: “We can't deprive Indians of life sustaining resource.” 
 
“We have to provide ubiquitous high speed data at affordable prices and at the same time ensure that they also have access to affordable smart phones that connects them with knowledge and limitless power of Internet.
 
“If we give the country's youth right tools and ecosystem, they will transform India. You will be a nation of a million start-ups.”
 
He observed that India's economy is overflowing with data. “All of us have worked to create a robust digital circulatory system to carry data of each of 1.3 billion Indians including those living in remotest villages,” he added.
 

Comments

 

Other News

“I wrote ‘Survival at Stake’ to provide food for thought about solutions”

Survival at Stake: How Our Treatment of Animals Is Key to Human Existence By Poorva Joshipura HarperCollins, 328 pages, Rs 499 With science now recognising animal consciousness, intelligence, emotion, and even morality, there must rise an awareness of

‘Bon Voyage’ through the Arctic: Exploring new horizons for India

India`s tryst with trade through the Arctic regions, including the Northern Sea Routes (NSR), has become an impact-making endeavor recently. The Arctic of yore is now a pivot – point of geopolitics, of climate change discussions, and for economic opportunities; 40% of oil and gas reserves said to be

Demystifying Contemporary Finance Theory and other lessons in investment

Investing Decoded: Simple Path To Building A Portfolio In Millions By Anirudh Rathore Penguin India, 320 pages, Rs 499

Deepfake: India to prepare four-point action plan

Deepfake has emerged as a serious threat to democracy and social institutions across the world. Propagation of deepfake content via social media platforms has aggravated this challenge. Ministry of Electronics and Information Technology (MeitY) has, from time to time, advised social media in

Mumbai traffic: Let’s use some simple math

Two level of roads not enough, BMC to have triple traffic jams through underground junctions There is no shortage of short-sighted traffic experts who believe that creating more vertical space (either above or below the level) in already overcrowded and congested cities will be cou

Seizures worth Rs. 1,760 crore reported in five poll-bound states

The Election Commission of India’s persistent efforts have led to a significant and exponential increase in seizures in the five poll-going states of Mizoram, Madhya Pradesh, Chhattisgarh, Rajasthan and Telangana. Seizures over Rs 1,760 crore have been reported in these five states since the announce

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter