look news india
The business rivalry between Mukesh Ambani and Sunil Mittal is now intensifying in the country and abroad. Sunil Mittal's telecom company Airtel is eating the dust in Africa, while now Mukesh Ambani's telecom company Jio is trying its best to establish itself. Airtel was once the number one company in telecom services in India. It had a monopoly in the market but with the emergence of Jio, Airtel had to face contraction. Because, Jio's graph rose due to low rates and cheap mobile phones and competition in the market intensified. Airtel has its eyes on the Africa market. Very few Indians would know that the prestigious Indian telecom company Airtel has a large telecom market in Africa. Airtel provides telecom services in 14 countries of Africa.
But at this time Airtel Africa is going through a financial crisis. Only time will tell what conditions the rising sun of Jio creates in Africa. The roller coaster ride of Indian Airtel's African venture began in 2008 with Sunil Mittal's bold decision. Despite initial struggles, Airtel managed to establish a significant presence in 14 African countries. Meanwhile, Mukesh Ambani's Reliance Industries has planned to compete with Airtel in the African telecom market with 5G solutions. Airtel Africa Company is currently facing a financial crisis and at this time there is a strong possibility of a major clash between India's two giant telecom companies Airtel and Jio and India's two leading businessmen Mukesh Ambani and Bharti Sunil Mittal. Reliance Industries Limited (RIL) telecom company Jio Platforms Limited has joined hands with Ghana's local company Radisys to launch 5G network in Africa. Radisys Jio has partnered with Next Gen Infrastructure Limited Company along with Tech Mahindra and Finland's Nokia. The Government of Ghana owns stakes in the Next Gen Infrastructure Ltd company along with Ascend Digital and K-Net. The plan is to roll out 5G networks in Ghana in the first phase and then across Africa.