Reliance mobile operator Jio to focus on subscriber numbers not tariffs
5 years, 5 months ago

Reliance mobile operator Jio to focus on subscriber numbers not tariffs

Live Mint  

India's Reliance Industries plans to remain focused on subscriber additions rather than chase higher tariffs for its Jio telecoms business, a top company executive said. "We have been telling you from the beginning, the priority for us today is customers," Jio's head of strategy, Anshuman Thakur, said in a news briefing late on Friday after quarterly results. Since its launch in September 2016 Jio has added 331.3 million subscribers by offering cut-price data plans and free voice calls, along with free music, movies and more. Jio recently topped Bharti Airtel to become India's second-biggest telecoms operator behind Vodafone Idea.

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History of this topic

Airtel Gains Subscribers While Jio and Vodafone Idea Lose; BSNL Sees Small Growth in October 2024
3 weeks, 3 days ago

Airtel Gains Subscribers While Jio and Vodafone Idea Lose; BSNL Sees Small Growth in October 2024

New Indian Express  

NEW DELHI: For the first time since the tariff hike announced by private telecom operators in July 2024, Bharti Airtel added 1.9 million subscribers in October 2024. However, Reliance Jio, India's largest telecom service provider, continued to lose subscribers, with a loss of 3.76 million, while Vodafone Idea Limited lost around 1.97 million customers. Vodafone Idea, India's third-largest telecom operator, …

Jio rolls out New Year Welcome Plan for prepaid users at ₹2,025: Check benefits, validity and more
1 month ago

Jio rolls out New Year Welcome Plan for prepaid users at ₹2,025: Check benefits, validity and more

Live Mint  

Telecom giant Reliance Jio has launched a special New Year Welcome plan for its prepaid customers, offering a range of benefits to kick-start 2025. The plan, priced at ₹2,025, is valid for 200 days and includes unlimited calls, substantial data allowances, and attractive partner coupons. Plan Details and Benefits The New Year Welcome plan provides customers with unlimited voice calling …

Reliance Jio breaks records in 5G, India leaps ahead of many nations
1 month, 1 week ago

Reliance Jio breaks records in 5G, India leaps ahead of many nations

India TV News  

Reliance Jio is now the largest telecom company in India, boasting the highest number of customers in the telecom industry. The report also indicates that around 78 percent of India's population now has access to mobile services, making it easier for people to connect. Currently, there are about 93 crore mobile internet users in India, and Reliance Jio leads the …

BSNL fast losing its post-tariff hike charm, subscribers return to Jio and Airtel
Trending News
1 month, 1 week ago

BSNL fast losing its post-tariff hike charm, subscribers return to Jio and Airtel

India TV News  

All the major telecom operators in India including Jio, Airtel and Vi hikes their tariff plans in July this year. However, in the recent days, Reliance Jio, Bharti Airtel, and Vodafone Idea have seen fewer customers switching to BSNL, according to a report from IIFL Securities. Meanwhile, for the third consecutive month in September, Jio, Airtel, and Vodafone Idea experienced …

Steelman Telecom stock hits 20% upper circuit after company wins ₹147 crore Reliance Jio order
1 month, 1 week ago

Steelman Telecom stock hits 20% upper circuit after company wins ₹147 crore Reliance Jio order

Live Mint  

Shares of Steelman Telecom were locked at the 20 per cent upper circuit limit in Wednesday's trade, December 4, hitting a one-month high of ₹154.80 apiece. In an exchange filing on Tuesday, the company informed investors that it had received an order worth ₹147 crore to provide frontend, backend, and supervisory teams for the maintenance of indoor small cells, indoor …

Jio introduces budget-friendly plan with 50 days of uninterrupted internet, Rs 1000 savings
1 month, 3 weeks ago

Jio introduces budget-friendly plan with 50 days of uninterrupted internet, Rs 1000 savings

India TV News  

Jio is the biggest telecom company in India, serving over 450 million customers across the country. Previously, the installation fee was waived for longer-term plans of 3, 6, and 12 months, but now customers can enjoy free installation even with this shorter 50-day plan. Jio’s AirFibre service is available in many areas across the country, and they have the largest …

Jio, Airtel and Vodafone Idea looses subscriber, BSNL gains in September 2024: Know-how
Trending News
1 month, 3 weeks ago

Jio, Airtel and Vodafone Idea looses subscriber, BSNL gains in September 2024: Know-how

India TV News  

Reliance Jio, India’s leading telecom operator has reported significant subscriber losses for the third consecutive month in September 2024, with 7.96 million wireless users leaving its network. As of September 30, 2024, Jio’s wireless subscriber base stood at 463.78 million, Airtel at 383.48 million, Vi at 212.45 million, and BSNL/MTNL combined at 93.8 million. Jio remains the market leader with …

RIL preparing for Jio IPO next year, retail business to go public much later
2 months, 1 week ago

RIL preparing for Jio IPO next year, retail business to go public much later

Live Mint  

Reliance Jio IPO: Reliance Industries Ltd aims to list its subsidiary Jio Platforms Ltd, which houses the country’s largest telecom company, in 2025, two people familiar with the development said. Reliance Jio Infocomm Ltd, a fully owned subsidiary of Jio Platforms, houses the group’s telecom services business, offering voice and data services to more than 479 million consumers in the …

Jio to Focus on High-Speed Fixed Wireless Access Market in India and Beyond
2 months, 3 weeks ago

Jio to Focus on High-Speed Fixed Wireless Access Market in India and Beyond

Live Mint  

Jio aims to export its high-speed fixed wireless access (FWA) internet as a managed service rather than entering overseas markets directly. The company has already deployed nearly 1 million 5G sites across the country and is looking to expand its FWA service to other countries. The company has set an ambitious target of adding 1 million FWA users every month, …

Jio offers 2GB data, unlimited calling at just Rs 75 per month, challenges BSNL's affordable plans
4 months, 1 week ago

Jio offers 2GB data, unlimited calling at just Rs 75 per month, challenges BSNL's affordable plans

India TV News  

All major telecom operators in India including Jio, Airtel and Vi recently hiked their mobile tariff by 15 percent on average. The company has a recharge plan for its users that offers 2GB data per month for 28 days with unlimited calling and 50 SMS for 28 days. JioPhone Rs 895 recharge plan This plan is priced at Rs 895 …

Reliance AGM 2024: Reliance to build Gigawatt-scale, AI-ready data centres in Jamnagar, says Mukesh Ambani
4 months, 2 weeks ago

Reliance AGM 2024: Reliance to build Gigawatt-scale, AI-ready data centres in Jamnagar, says Mukesh Ambani

India TV News  

Reliance AGM 2024: Reliance chairman Ambani on Thursday made a big announcement and said the Reliance will be building Gigawatt-scale, AI-ready data centres in Gujarat’s Jamnagar. We plan to establish gigawatt-scale AI-ready data centres in Jamnagar, powered entirely by Reliance’s green energy, reflecting our commitment to sustainability and a greener future.” He stated that the prime goal is to create …

Jio vs. Airtel: Which network offers better value for money on data plans?
5 months, 3 weeks ago

Jio vs. Airtel: Which network offers better value for money on data plans?

India TV News  

Reliance Jio is one of the most widely used telecom service providers in India, with its subscriber base growing to 475 million. So, in case you are both- Jio and Airtel network users, then here is some useful information which could help you to compare and understand which plan is value for money and is economical. Plans with 28 days …

Reliance Jio IPO: Listins likely by 2025 at $112 billion valuation, says Jefferies
6 months ago

Reliance Jio IPO: Listins likely by 2025 at $112 billion valuation, says Jefferies

Hindustan Times  

Reliance Jio- the telecom unit of Reliance Industries Ltd- could be headed for a major initial public offering in 2025. Jio 'could list at $112 billion valuation' and add '7-15 percent upside' to the Reliance Industries share price, the brokerage said. Mobile sim card packets for Jio Platforms Ltd., a unit of Reliance Industries Ltd., in Mumbai, India. "Jio leading …

Tariff hike complies with regulatory framework: Department of Telecommunications
6 months, 1 week ago

Tariff hike complies with regulatory framework: Department of Telecommunications

New Indian Express  

NEW DELHI: A day after the Congress party criticised the government over the tariff hike by telecom service providers, the Ministry of Communication defended the increase, mentioning that the hike complies with the prescribed regulatory framework. In a press statement issued in response to the Congress party’s claims that consumers would face an additional burden of Rs 34,824 crore due …

Reliance Jio, Airtel price hike: What changes for you as new rates take effect
6 months, 1 week ago

Reliance Jio, Airtel price hike: What changes for you as new rates take effect

Hindustan Times  

Reliance Jio and Airtel increased the prices of their data packs by over 25 per cent for a few plans. Owing to this, both prepaid and postpaid users will have to pay more as the new plans came into effect today t. The new price hike impacts millions of users of the two biggest telcos in India. Airtel's new tariffs: …

Jio, Airtel 5G pricing surge: Consumers to spend Rs 47,500 cr more annually
6 months, 2 weeks ago

Jio, Airtel 5G pricing surge: Consumers to spend Rs 47,500 cr more annually

Business Standard  

Consumer spending on telecom services, including taxes, is set to surge by around Rs 47,500 crore annually, spurred by substantial tariff hikes from India's leading telcos and elevated rates for users embracing 5G services, reported The Economic Times. Jio users now face a 46 per cent increase in the minimum charge for accessing 5G, while Airtel users encounter a steeper …

After Rel Jio, Bharti Airtel, Vi hike mobile tariffs by upto 24%
6 months, 2 weeks ago

After Rel Jio, Bharti Airtel, Vi hike mobile tariffs by upto 24%

Deccan Chronicle  

New Delhi : After Reliance Jio, Bharti Airtel and Vodafone Idea on Friday announced that the companies would hike its mobile tariff to 11-21 per cent and 11-24 per cent respectively in both the prepaid and postpaid services across the country. As per the different plans for the telco, the rate of daily data add-on will see an increase by …

Bharti Airtel raises prices after Reliance Jio hikes: These are the new prices
6 months, 2 weeks ago

Bharti Airtel raises prices after Reliance Jio hikes: These are the new prices

Hindustan Times  

Bharti Airtel, India’s second-biggest phone carrier, said it would raise prices of its mobile plans. The price hike on an average is an increase of less than 70 paise per day for Airtel’s base plans, the company said in its stock exchange statement. Airtel's price hikes come after Jio, India's largest telecom operator, announced a 12-27% hike in mobile tariffs …

After Reliance Jio, Bharti Airtel announces tariff hike for its prepaid and postpaid plans
6 months, 2 weeks ago

After Reliance Jio, Bharti Airtel announces tariff hike for its prepaid and postpaid plans

New Indian Express  

NEW DELHI: A day after Reliance Jio announced a tariff hike for its prepaid and postpaid plans, Bharti Airtel, India's second-largest telecom service provider, followed suit and announced a tariff hike of up to 21% for all its prepaid and postpaid plans. “Bharti Airtel has maintained that the mobile Average Revenue per User needs to be upwards of Rs. We …

Jio revises its unlimited plans, now you will have to spend THIS much for recharge
6 months, 2 weeks ago

Jio revises its unlimited plans, now you will have to spend THIS much for recharge

India TV News  

Reliance Jio has recently made changes to its unlimited prepaid and postpaid plans, which will take effect from July 3, 2024. Reliance Jio revised plan details: Revised 28-day plans: Prices for the 28-day plans have been increased to Rs 189, 249, 299, 349, 399, and 449 from the previous Rs 155, 209, 239, 299, 349, and 399 respectively. Revised 84-day …

Reliance Jio Secures Regulatory Approval to Enter Satellite Internet Arena
7 months ago

Reliance Jio Secures Regulatory Approval to Enter Satellite Internet Arena

Deccan Chronicle  

Reliance Jio, the Indian telecommunications giant, has received the green light from the country's space regulator to foray into the satellite internet sector. Known for its disruptive strategies that have reshaped India's telecom landscape, Jio's foray into satellite internet further solidifies its position as a frontrunner in driving digital transformation in the country. While the regulatory approval represents a significant …

Reliance Jio arm, Tech Mahindra bag orders from Ghana for building 4G, 5G telecom infrastructure
7 months, 2 weeks ago

Reliance Jio arm, Tech Mahindra bag orders from Ghana for building 4G, 5G telecom infrastructure

The Hindu  

Ghana has signed deals with a Reliance Jio subsidiary, Tech Mahindra, and other vendors to build 4G and 5G infrastructure as the African country aims to enhance its telecom capabilities. Ghana's state-backed Next-Gen Infrastructure Company has partnered with Jio's arm Radisys, Tech Mahindra and Nokia to build the necessary infrastructure for delivering affordable 5G mobile broadband services. India a ‘strategic …

Reliance Jio becomes top telecom service provider of India, followed by Airtel and Vi
8 months, 1 week ago

Reliance Jio becomes top telecom service provider of India, followed by Airtel and Vi

India TV News  

Telecom Regulatory Authority of India has released the user data of telecom companies for March 2024 which revealed that Jio has taken a big leap once again in terms of users in the country. As per the report which surfaced in March 2024, TRAI has reportedly released the list of customers joining Jio, Vi, Airtel and BSNL- leaving the companies. …

Jio Financial Services hits ₹2 lakh crore market cap, a 1st: What's happening
10 months, 3 weeks ago

Jio Financial Services hits ₹2 lakh crore market cap, a 1st: What's happening

Hindustan Times  

Jio Financial Services share: In a first, Jio Financial Services Ltd's market capitalisation exceeded ₹2 lakh crore driven by a 35 per cent surge in its share price this year while Reliance Industries hit a record high today. Reliance Industries is leading the list with a market cap of ₹20.05 lakh crore, followed by Tata Consultancy Services ₹14.78 lakh crore …

Reliance Jio plans 'Bharat GPT' AI model for India: Everything you need to know
1 year ago

Reliance Jio plans 'Bharat GPT' AI model for India: Everything you need to know

India TV News  

Reliance Jio, India's leading telecom provider, is teaming up with the Indian Institute of Technology-Bombay to create 'Bharat GPT,' a large-language model designed specifically for India. “At present, we have just scratched the surface with large language models and generative AI and the next decade will be defined by these applications,” Ambani said AI in the Next Decade Akash Ambani …

Jio launches Happy New Year 2024 plan at ₹2999: Details on validity, offers and all you need to know
1 year ago

Jio launches Happy New Year 2024 plan at ₹2999: Details on validity, offers and all you need to know

Live Mint  

Continuing its tradition of announcing an annual New Year plan, Reliance Jio has launched the Happy New Year 2024 prepaid plan at a price of ₹2,999 and with an additional validity of 24 days. The details page of the Jio New Year 2024 plan states that the new benefits will be available from 20 December 2023, but does not specifically …

Reliance Jio unveils JioSpaceFiber: India's first satellite-based gigabit broadband service for nationwide access
1 year, 2 months ago

Reliance Jio unveils JioSpaceFiber: India's first satellite-based gigabit broadband service for nationwide access

Live Mint  

New Delhi: Reliance Jio Infocomm Ltd, India's top carrier, announced on Friday the rollout of its JioSpaceFiber satellite broadband service, which it showcased at the India Mobile Congress as the nation's inaugural satellite-driven giga fiber service. The tie-up provides Jio access to SES's O3b and O3b mPOWER satellites, positioning the company uniquely in offering reliable and scalable broadband at competitive …

Reliance Q2 Results Highlights: Net profit rises 27% to ₹17,394 crore on higher EBITDA, strong retail biz
1 year, 2 months ago

Reliance Q2 Results Highlights: Net profit rises 27% to ₹17,394 crore on higher EBITDA, strong retail biz

Live Mint  

Reliance Industries Q2 Results Highlights: Billionaire Mukesh Ambani-led Reliance Industries announced its July-September quarter results for fiscal 2023-24, reporting a rise of 27 per cent in consolidated net profit at ₹17,394 crore, compared to ₹13,656 crore in the corresponding period last year. Reliance Industries Q2 Earnings Live: RIL's media biz Revenue from operations for the segment grew 20.4 per cent …

Jio can deploy 5G cell every 10 seconds, deployed 85% 5G network in India: Akash Ambani
1 year, 2 months ago

Jio can deploy 5G cell every 10 seconds, deployed 85% 5G network in India: Akash Ambani

The Hindu  

“Telecom major Reliance Jio has deployed 85% 5G network in India and has the capability to deploy one 5G cell in every 10 seconds,” the company’s Chairman Akash Ambani said. Ookla on Sunday said Jio has emerged as the number one network in India, winning all nine Speedtest awards presented by Ookla for mobile networks in the market, including all …

Reliance Jio unveils 'JioAirFiber' services in 8 metro cities, starting at Rs 599
1 year, 3 months ago

Reliance Jio unveils 'JioAirFiber' services in 8 metro cities, starting at Rs 599

India TV News  

Reliance Jio has introduced 'JioAirFiber' services, a comprehensive solution encompassing home entertainment, smart home services, and high-speed broadband, across eight major metro cities in India. Image Source : JIOJioFiber Akash Ambani, Chairman of Reliance Jio Infocomm Limited, highlighted that while JioFiber, the company's existing fibre-to-the-home service, already serves over 10 million customers, there are still millions of homes and small …

Reliance Jio seeks up to $2 billion loan to fund 5G plan: report
1 year, 4 months ago

Reliance Jio seeks up to $2 billion loan to fund 5G plan: report

The Hindu  

Jio Infocomm, the telecom wing of Reliance Industries, is in talks to raise up to $2 billion in offshore loans, with BNP Paribas acting as lead arranger, to fund the purchase of 5G network gear from Ericsson, the Economic Times reported on Monday. Swedish telecommunications firm Ericsson, in October last year said that its 5G Radio Access Network products and …

In charts: Jio Financial Services’ promise of the future
1 year, 4 months ago

In charts: Jio Financial Services’ promise of the future

Live Mint  

The Mukesh Ambani-led Reliance Group likes to do everything big, from announcement to business scale. Reliance Industries first announced the demerger of Jio Financial Services from itself in late-2022. Ultimately, six other Reliance subsidiaries were housed in a company, Reliance Strategic Investments, which was renamed to Jio Financial Services. Its valuations will be driven by its investments in Reliance entities …

RJio spin-off or IPO expected within five years: Jefferies
1 year, 4 months ago

RJio spin-off or IPO expected within five years: Jefferies

Live Mint  

New Delhi: Brokerage house Jefferies expects Reliance Jio to be spun off or listed within the next four to five years, on the lines of Reliance Retail, even as the group creates a new energy business and repositions the telecom subsidiary as a technology company. Chairman will create the new energy business, and we expect him to likely spin off/IPO …

Jio 5G on track to cover entire country by Dec; JioAirFiber to be launched on Ganesh Chaturthi: Mukesh Ambani
1 year, 4 months ago

Jio 5G on track to cover entire country by Dec; JioAirFiber to be launched on Ganesh Chaturthi: Mukesh Ambani

The Hindu  

Reliance Jio's 5G services marks the fastest-ever rollout of this scale anywhere in the world, and the company is "on track" to cover the entire country with the ultra high-speed network by December this year, RIL Chairman Mukesh Ambani said on August 28. Mr. Ambani said that Jio was launched seven years ago with a mission to transform India into …

Reliance AGM 2023: Jio promises AI to everyone, everywhere, says Mukesh Ambani
1 year, 4 months ago

Reliance AGM 2023: Jio promises AI to everyone, everywhere, says Mukesh Ambani

Hindustan Times  

Reliance Industries Limited chairperson Mukesh Ambani on Monday said the company is committed to create up to 2,000 MW of Artificial Intelligence-ready computing capacity. Jio Platforms wants to lead in developing India-specific AI models and AI-powered solutions across domains, thereby delivering benefit of AI to Indians, businesses and government”, Ambani said at the business conglomerate's 46th annual genera meeting via …

Reliance AGM 2023 today; Jio IPO date, 5G devices: What to expect
1 year, 4 months ago

Reliance AGM 2023 today; Jio IPO date, 5G devices: What to expect

Hindustan Times  

Reliance AGM 2023 or annual general meeting will be held on Monday, August 28. While chairman Mukesh Ambani-led conglomerate is set for its 46th AGM, investors have been eagerly waiting for announcements on the timeline of the initial public offering of Reliance Jio, which many brokerages have previously said may not happen this year. According to market experts after the …

Reliance AGM 2023: Jio 5G, JioAir Fiber, and key announcements expected | All details here
1 year, 4 months ago

Reliance AGM 2023: Jio 5G, JioAir Fiber, and key announcements expected | All details here

India TV News  

Reliance Industries Ltd has recently announced the date for its highly anticipated 46th Annual General Meeting, scheduled for August 28, 2023. The event is set to be a major highlight of the year, featuring discussions on various crucial aspects of the company's ventures, especially regarding the future of Jio 5G and related tariff plans. Mukesh Ambani, Chairman of Reliance Industries, …

Jio counters rising tariffs with 30 days of free internet and calling
1 year, 4 months ago

Jio counters rising tariffs with 30 days of free internet and calling

India TV News  

In a market grappling with rising recharge costs, Reliance Jio, the leading telecom operator in India, has unveiled an enticing offer that allows users to enjoy 30 days of free high-speed internet and calling without any expenditure. The scheme aligns with Reliance Jio's prepaid broadband plans, which are available on a monthly, quarterly, 6-month, and 12-month basis. For instance, Jio's …

Reliance Jio gets $2.2 bn fund support from Swedish export credit agency to finance 5G rollout
1 year, 5 months ago

Reliance Jio gets $2.2 bn fund support from Swedish export credit agency to finance 5G rollout

India TV News  

The country's largest telecom player Reliance Jio has received a USD 2.2 billion fund support from the Swedish export credit agency to finance equipment for the 5G rollout, according to Reliance Industries' annual report. "RJIL tied up its first-ever Swedish Export Credit Agency supported facilities of USD 2.2 billion equivalent making it the largest cover ever provided by EKN for …

Reliance Jio witnesses a remarkable growth with 90 lakh net subscriber additions in Q1 2023
1 year, 5 months ago

Reliance Jio witnesses a remarkable growth with 90 lakh net subscriber additions in Q1 2023

India TV News  

Jio Platforms has recorded a significant 12.5% year-over-year increase in net profit and reached up to Rs. During the reported quarter, Jio Platforms witnessed a net addition of over 90 lakh subscribers, with total data traffic soaring over 28% YoY to 33.2 billion gigabytes. Jio Platforms, which includes telecom arm Reliance Jio Infocomm and various startups, has seen significant progress …

Reliance Jio Q1 Result: Telco's Net Profit Jumps 12 Per Cent To Rs 4,863 Crore
1 year, 5 months ago

Reliance Jio Q1 Result: Telco's Net Profit Jumps 12 Per Cent To Rs 4,863 Crore

ABP News  

Mukesh Ambani-led Reliance Industries' telecom arm Reliance Jio on Friday posted over 12 per cent rise in net profit to Rs 4,863 crore in the June 2023 quarter, the company said in a regulatory filing. Jio's revenue from operations increased by 9.9 per cent to Rs 24,042 crore during the reported quarter from Rs 21,873 crore in the June 2022 …

Jio Financial Services to become the second largest shadow lender by market cap
1 year, 5 months ago

Jio Financial Services to become the second largest shadow lender by market cap

Live Mint  

Jio Financial Services, the financial arm of Reliance Industries Ltd, has unsettled shadow lenders space in the country by claiming the second spot. Post demerging with RIL on Thursday, Jio Financial Services boasts off an implied market capitalisation of ₹1.6 lakh crore, that's way behind Bajaj Finance m-cap of ₹4.59 lakh crore, but significantly higher to its contemporaries in the …

Here’s all you need to know about Reliance- Jio financial services demerger
1 year, 5 months ago

Here’s all you need to know about Reliance- Jio financial services demerger

Live Mint  

Jio Financial Services, the financial arm of Reliance Industries, India's largest company in terms of market value, completed its demerger from its parent company at a price of Rs 261.85 per share as against the street expectations between 160-190 per share. Shares of Reliance Industries opened at Rs 2,580 apiece, ex-Jio Financial Services on Thursday trade as against the previous …

Reliance demerger: Jio Financial Services valued at ₹261.85
1 year, 5 months ago

Reliance demerger: Jio Financial Services valued at ₹261.85

Live Mint  

New Delhi: Jio Financial Services was valued at ₹261.85 per share on the National Stock Exchange at the end of a special pre-open call auction session conducted in the capital market segment for price discovery on Thursday. Analysts at JP Morgan had said that the implied value for Jio Financial Services currently stood at ₹189 per share and is based …

Reliance demerger: Jio Financial Services valued at ₹261.85
1 year, 5 months ago

Reliance demerger: Jio Financial Services valued at ₹261.85

Live Mint  

New Delhi: Jio Financial Services was valued at ₹261.85 per share on the National Stock Exchange at the end of a special pre-open call auction session conducted in the capital market segment for price discovery on Thursday. Analysts at JP Morgan had said that the implied value for Jio Financial Services currently stood at ₹189 per share and is based …

Reliance Jio aims for 2G-to-4G market with JioBharat V2 phone
1 year, 6 months ago

Reliance Jio aims for 2G-to-4G market with JioBharat V2 phone

Live Mint  

Reliance Jio will begin selling Jio Bharat V2 4G phone which will be internet-enabled, at ₹999, from 7 July targeting India’s 250 million feature phone users that use data-devoid 2G devices. The carrier said Monday that the phone will be available across all offline channels including Jio and Reliance Retail stores. "There are still 250 million mobile phone users in …

Reliance Jio unveils under ₹1,000 Jio Bharat internet-enabled phones
1 year, 6 months ago

Reliance Jio unveils under ₹1,000 Jio Bharat internet-enabled phones

The Hindu  

Reliance Jio Infocomm Ltd. has introduced Jio Bharat internet-enabled phones at ₹999. Beta trial for the first 1 million Jio Bharat phones will begin on 7 July 2023 and will be carried out across 6,500 tehsils, the company said. “There are still 250 million mobile phone users in India who remain ‘trapped’ in the 2G era, unable to tap into …

Reliance Jio 999 phone: Tariff plan details, price revealed
1 year, 6 months ago

Reliance Jio 999 phone: Tariff plan details, price revealed

Hindustan Times  

Reliance has announced its internet-enabled 4G mobile phone worth just ₹999. As part of its '2G-Mukt Bharat' vision, the company says Jio Bharat V2 phones will be used to equip 250 million mobile users who are still stuck with 2G technology. In a statement, Reliance said the Jio Bharat phone has 30 per cent cheaper plan and seven times more …

Reliance's JioBharat V2 4G phone is priced at just ₹999
1 year, 6 months ago

Reliance's JioBharat V2 4G phone is priced at just ₹999

Hindustan Times  

The first look of Reliance Jio's internet-enabled phone at just ₹999. Equity research firm Jefferies in its analysis of subscriber data by telecom regulator TRAI said Jio led expanding subscriber base with 4.7 million active subscriber in the last six months. Jio's active subscriber leadership and Bharti's 3G and 4G market share gains bode well for tariff hikes," PTI quoted …

Jio plans to raise over $1 bn loan to purchase 5G network gear: Report
1 year, 6 months ago

Jio plans to raise over $1 bn loan to purchase 5G network gear: Report

Live Mint  

Indian billionaire Mukesh Ambani's telecommunication company, Reliance Jio Infocomm is in talks with a clutch of global banks to raise around $1-1.5 billion through an offshore syndicated loan, according to a report by the Economic Times. The English Daily said Reliance Jio will use the funds to buy 5G network gear from Sweden's Ericsson as it plans to roll out …

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