Jio customers will get better 5G network, Nokia collaboration

Reliance Jio bought airwaves worth $11 billion (Rs 11 billion) in the 5G spectrum auction in August last year and has already launched 5G services in several cities using that.

Today, the Economic Times again claimed that Reliance Jio Infocomm could sign a $1.7 billion (170 crore) deal with Nokia this week to buy 5G network equipment. The report also said that the deal could be signed by Thursday at Nokia’s headquarters in Helsinki, Finland.

The telecom company could buy more 5G-equipment from HSBC, JP Morgan and ...