Come June-July the telecom consumers in Delhi and Mumbai will be able to access mobile broadband at a speed of up to 100 Mbps. RIL, India's largest private sector company, is set to launch its much awaited 4G services in June.
According to a source familiar with the developments, Reliance is working on a plan to take 4G technology - which will allow you to watch HD movies on your mobile device, among other things - to the masses by bundling mobile devices with services.
However, under its license conditions, Reliance will not be able to over voice services over its 4G network.
"Though RIL has not yet finalised tariffs, its services will be offered at much lower prices than what is available in the market," said the source.
In 2003, Reliance had helped spark off the Indian telecom revolution by offering mobile handsets and connections at an initial cost of Rs. 501 under its Monsoon Hungama Offer. The monthly tariffs were also set way below the ruling market prices.
By December, more than 100 cities will be covered. The company will invest close to Rs. 55,000 crore ($10 billion) over three years.
Currently, Bharti Airtel is the only 4G operator in the country. It offers 4G services in Kolkata, Bangalore and Pune and its tariffs start at Rs. 999 per month and data card (4G USB modem) is priced at Rs. 5,000.
Reliance is talking to phone and tablet makers like Samsung, Nokia and LG, among others, for a supply deal that will enable it to recreate the magic of 2003 and take 4G to the masses.
The petrochemicals-to-broadband group's focus will be on offering services such as digital education, medicine, entertainment and other value added services.
About 14 months ago, it acquired a 38.5% stake in Extramarks Education, India's leading company in digital learning through an affiliate company Reliance Strategic Investments.
RIL did not respond to the emails sent to it.