India’s top telco tackles AI with $110 billion build plan and proven fast market dominance playbook

India’s top telco, Reliance Jio, has announced plans to spend $110 billion on datacenters to run AI workloads and says it will use them to deliver services with the same “extreme affordability” it brought to the mobile communications market.

Jio launched its mobile network in 2016 and within half a year won 100 million subscribers by offering plans that included unlimited data at prices that significantly undercut competitors. It later introduced its own handsets, some that cost around $12, which helped it to become India’s number one telco three years after launch. It later cemented its position with a $27 smartphone created with help from Google, a rapid 5G rollout, and cheap subscriptions that bundle streamed content with carriage.

This is not speculative investment. It is not purchasing valuation

Indian authorities say the carrier now has 514 million subscribers and 51 percent of the Indian mobile comms market ...