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Reliance Jio’s JioAirFiber, the breakthrough fixed-wireless access service, not only offers high-speed broadband at competitive prices, but also ventures to facilitate digital entertainment with a complimentary set-top box. With ambitions to reach 100 million customers across India, Jio appears poised to disrupt the market yet again, closely mimicking its successful 4G network rollout. Its competitors watch with bated breath, poised for an impending shake-up.

Reliance Jio Infocomm is arming itself with a significant offshore loan around $2 billion to fuel its 5G ambitions, with sources pointing towards Swedish telecom giant Ericsson as a potential gear supplier. A noteworthy credit safety net from Sweden’s EKN credit agency plays a crucial role in this strategic play, while banking behemoth BNP Paribas is slated to disburse a massive chunk of the offshore funding.