Mumbai/IBNS: After touching new heights with 5G network infrastructure in India, Mukesh Ambani, the chairperson of Reliance Industries — India’s most valuable company with a market cap of more than Rs 1989000 crore, is now planning to take his giant-killer telecom playbook to Africa and other continents.
According to a report by the Economic Times, Ambani’s Reliance is going to partner up with Anand Mahindra’s Tech Mahindra and Finnish multinational telecommunications company Nokia to offer 4G and 5G network support in Ghana, the second-most populous country in West Africa.
As per the report, Reliance’s Jio Platforms Ltd-owned Radisys, along with Tech Mahindra and Nokia, are joining forces with Ghana-based Next-Gen Infrastructure Co. (NGIC), which has the Ghanaian government, Ascend Digital and K-Net as stakeholders.
NGIC is the first neutral 5G shared infrastructure provider in Africa, and after Ghana, it plans to offer 4G and 5G network support in other African countries, reports said.
NGIC will reportedly invest around Rs 1661 crore in the period of three years to scale up its 4G and 5G networks in Africa, and the investment will help mobile operators in the continent to get shared infrastructure resources which will help in optimising costs for local telco, according to reports.
Reliance-backed Radisys will offer NGIC its own 5G software stack as Jio Platforms Ltd’s 5G stack uses Open radio access network technology and gear for delivering 5G-based fixed wireless access (FWA) services in African markets starting with Ghana, as per reports.
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