RIL to start commercial telecoms operations by Dec

Speaking at the company`s annual meeting of shareholders, Ambani, India`s richest man, said the telecoms unit will initiate a test launch over the next few months and that the fiscal year to March 2017 will be the first full year of its commercial operations.

Mumbai: Reliance Industries Ltd will start commercial 4G telecommunication services by December, Chairman Mukesh Ambani said on Friday.

Speaking at the company`s annual meeting of shareholders, Ambani, India`s richest man, said the telecoms unit will initiate a test launch over the next few months and that the fiscal year to March 2017 will be the first full year of its commercial operations.

Reliance, which re-entered the telecoms business in 2010 by acquiring the only company that had won nationwide 4G airwaves in a government auction, has yet to start services as it builds the business under its unit Reliance Jio on an unproven and still-developing technology.

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