Back in December of 2010, India's richest man, Mukesh Ambani announced through a 36-page handwritten memo to executives that he planned to build one of the world's most advanced telecommunications networks.
The Wall Street Journal has reviewed his memo, which describes a 4G wireless service with "99.999%" network availability, "integration with an app store, ours or others" in order to help smartphone users order fast food, or buy a movie ticket, sourcing of mobile divisions from China and Taiwan, content deliver to "3 screens", cellphones, laptops and TV, and two 300,000-square-foot data centers.
Well, then. Just two years later, Ambani, chaiman of the energy conglomerate Reliance Industries Ltd., looks to be putting these plans into action in the hopes of throwing India into the forefront of wireless broadband technology, all while bringing millions of Indians online for the first time ever.
The build of this network could exceed $10 billion, according to estimates by analysts. It would also require the setting up and creation of tens of thousands (!!) of new cell towers. Reliance has already spent more than $3 billion acquiring radio spectrum covering the entire of India.
You can read much more about this new venture, over at the source.
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