Telecom operator Vodafone Idea (VIL) will make significant investments to roll out the 5G network and expand 4G coverage in the coming quarters, billionaire industrialist Kumar Mangalam Birla said on Friday.

Birla, chairman of Aditya Birla Group, which is one of the shareholders of the troubled telco VIL, was speaking at the inaugural session of  the India Mobile Congress, PTI reported from New Delhi.

”In the coming quarters, Vodafone Idea will initiate significant investments to roll out 5G networks and further expand 4G coverage across the country. Moreover, the company is determined to realize the government’s vision of establishing a robust supply chain in critical and emerging areas, including Open RAN (Radio Access Network),” he said.

Further, Birla said this endeavor will enable innovative Indian companies to design both hardware and software for the global markets. ”India’s digital ecosystem stands on the brink of unprecedented growth,” Birla said.