Reliance Jio to make Rs 14000 crore deal with Nokia | Jagran Business- Watch Video

Reliance Jio is going to do another big deal. Mukesh Ambani is now going to tie up with Nokia to further strengthen his hold in the telecom sector. Reliance Jio and Nokia are going to deal to start high speed 5G network in India. There is going to be a deal of 1.7 billion dollars i.e. about 14 thousand crore rupees between the two companies. Under this deal, Reliance will buy 5G devices from Nokia.

This agreement between the two companies has now reached the final stage. After this deal, the users of Jio will get 10 times the benefit of high speed internet. According to the Economic Times report, the deal may be signed at Nokia's headquarters near Helsinki in Finland. Actually Reliance wants to start high speed 5G network in India by the end of this year. That's why the company has made a deal for Nokia's 5G device. Before Nokia, Reliance has also made a deal with Sweden's company Ericsson for 5G devices.