India Steps Up 5G Trials With Homegrown Infra: What This Means in the Long Term
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With 5G being one of the most important consumer technologies coming up for 2021 and beyond, India is stepping up the pace in its quest for 5G deployment in the country. The biggest highlight of India’s preparations for 5G deployment comes courtesy Reliance Jio Infocomm’s financial report for the latest quarter ended December 2020, which reported a 15.5 percent quarterly jump in net profit and a 5.3 percent quarterly jump in operational revenue, along with a 6.4 percent rise in the operator’s EBITDA (earnings before interest, taxes, depreciation and amortisation). At the core of its positive outlook going forward is its upcoming 5G service, which is now in advanced stages of development across all fronts.