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Mukesh Ambani
In a positive development, India's largest telecom company Jio Platforms and United States (US) based technology giant Qualcomm Technologies have together developed a 5G radio access network (RAN) product which successfully achieved over 1 Gbps speed during the trial, reports Livemint.
The speed of 1 Gbps was achieved with Jio's 5GNR product leveraging Qualcomm's 5G RAN platforms, marking the entry of India into the Gigabit 5G NR product portfolio. With this, the two companies have determined to fast track the development and roll-out of indigenous 5G network infrastructure and services in India.
Also, Qualcomm Ventures had earlier this year acquired a minority stake of 0.15 per cent in Ambani's Jio Platforms for Rs 730 crore. Referring to the same, RIL had earlier said that Qualcomm's investment would support its journey to rollout advanced 5G infrastructure and services for Indian customers.