Focus on innovation or you'll get displaced: Reliance Jio on launching 5G devices
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Nearly 40 mn Indians are still using feature phones and so tariffs can’t be raised to reach out to them, Reliance Jio President Mathew Oommen said. On this, he said that they need to focus on innovation or else they will be displaced. So the only option left is to innovate on data to perform. Talking about 5G development, Oommen said that it will be ready by 2019-20 but the affordable devices to use it will come by 2021.