Intel to work with India's Reliance Jio on 5G network technology

FILE PHOTO: A woman rides her scooter past advertisements of Reliance Industries' Jio telecoms unit, in Ahmedabad, India, July 5, 2018. REUTERS/Amit Dave

(Reuters) - Intel Corp on Monday said it will work with India's Reliance Jio to develop 5G networking technology.

Intel's venture capital unit last year invested $250 million in Reliance Industries Ltd's Jio Platforms unit, saying the two companies would find areas of technology partnership. On Monday, Intel said it will work on "co-innovations" with Reliance Jio for its 5G radio-access network (RAN), among other things.