Mukesh Ambani 5g telecoms Ghana
Mukesh Ambani 5g telecoms Ghana

Telecom Billionaire Mukesh Ambani To Enter Business In Africa

Radisys, a subsidiary of Indian billionaire Mukesh Ambani’s Jio Platforms, is set to expand into Africa by providing affordable 5G network infrastructure, applications, and smartphones to the Ghana-based Next-Gen Infrastructure Company (NGIC). This move was announced on Monday.

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May 2024

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Mukesh Ambani
Mukesh Ambani, chairman and managing director of Reliance Industries, speaks at an event in Mumbai in March. INDRANIL ADITYA/NURPHOTO VIA GETTY IMAGES

Radisys will collaborate with the Government of Ghana, Ascend Digital, K-NET, Nokia, Tech Mahindra, and mobile operators AT Ghana and Telecel Ghana to assist NGIC in building the first 5G network infrastructure across Ghana. The goal is to provide affordable mobile internet, similar to what Jio did in India.

NGIC, which has secured a 5G license, plans to launch services nationwide within the next six months and then expand into other African countries.

Arun Bhikshesvaran, CEO of Radisys, stated, “By bringing Fixed Wireless Access alongside 4G and 5G cellular services to help drive economic growth and digital inclusion, Radisys looks forward to helping Ascend and NGIC build a disruptive and affordable shared broadband infrastructure across Ghana.”

Mukesh Ambani
Mukesh Ambani 5g telecoms Ghana

This year, NGIC aims to offer affordable 5G smartphones through its partners to enhance the lives of people in Ghana and provide digital services in education, healthcare, and payments.

Ursula Owusu-Ekuful, Ghana’s Minister for Communications and Digitalization, said, “The creation of NGIC as a neutral, shared platform, accessible to all mobile network operators and tower companies, will help to expand 5G services rapidly across the country. We are inspired by India’s digital infrastructure and low-cost mobile data usage and keen to replicate it in Ghana.

Reliance Jio Infocomm, Ambani’s mobile operator in India, has been a driving force behind India’s rapid growth in internet users due to its affordable smartphones, digital platforms, and localized content and applications. As the country’s largest cellular operator, Reliance Jio ended last year with over 470 million subscribers.

Mukesh Ambani topped Forbes Asia’s list of India’s 100 Richest released last October with a net worth of $92 billion. Beyond its telecommunications business, Reliance Industries has interests in oil and gas, petrochemicals, retail, and other industries.

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