Even after nearly a year of acquiring pan-India spectrum for broadband wireless acces (BWA) services, RIL is still in the “process of conceptualising” product and services. BWA is primarily used for high speed data access and offers speed up to 80 Mbps. RIL entered the broadband business when it ac quired a 95% stake in Infotel last June for R4,800 crore.
In Friday’s AGM, Mukesh Ambani said RIL plans to create end-to-end solutions that address the complete digital value chain.
“Such services would be in the domain of education, healthcare, entertainment, financial services and government-citizen interfaces,” said Ambani.
In India, telecom operators focus on plain vanilla voice service or broadband connectivity. RIL’s focus will be on selling content and applications with value-additions. With les than one per cent broadband penetration in India, this has potential to expand the market.
Sources said RIL would make some of the equipment, though this could not be confirmed.
‘No plans to enter banking’