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RIL chairman Mukesh Ambani lauded by former Cisco CEO for taking bold and smart risk in technological trends

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Feb 13, 2020: Please with bold and smart technological leap initiated by Asia’s richest man Mukesh Ambani in last few years, The Chairman Emeritus of Cisco CEO, John T Chambers was recently lauded Ambani by saying “Mukesh is setting an example to follow by understating technology trends and taking bold and smart risk that will keep the company ahead of market transition”.

Speaking to The Innovator magazine, John T Chambers said that RIL’s work in keeping up with digitisation trends is appreciable, adding that the same will help RIL in times of transition.

Mukesh Ambani’s telecom firm Reliance Jio brought a data revolution in the country by initially providing free 4G data to its users.

While the company later started charging for the services, it was at throwaway prices considering the then tariffs of the internet and voice services.

In its 41st AGM last year, RIL also announced the roll out of its Jio Fiber services on a commercial basis on September 5 and a host of new services were also announced.

The decision to ramp up Jio Fiber services was widely considered as another disruptive move by the Mukesh Ambani-led conglomerate after the launch of Reliance Jio.

The company is now gearing up for the launch of 5G services in the country. Reliance Industries Ltd. had earlier said that a clear roadmap for spectrum allocation will help in establishing India as a leader in the 5G space.

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