Reliance Jio's journey since 2016 has been 'incredible', potential for growth is immense, says chairman Mukesh Ambani
5 years, 5 months ago

Reliance Jio's journey since 2016 has been 'incredible', potential for growth is immense, says chairman Mukesh Ambani

Firstpost  

Reliance has invested nearly Rs 5.4 lakh crore over the last five years to generate EBITDA in excess of $1 billion annually for over a decade. Announcing a bouquet of services for customers at the 42nd Annual General Meeting held on Monday in Mumbai, Reliance Industries Ltd chairman and managing director, Mukesh Ambani said Jio’s journey since 2016 was “incredible”. “Revenue from each of these engines will kick in this fiscal itself,” Reliance Industries’ Chairman and Managing Director Mukesh Ambani said addressing the 42nd Annual General Meeting here. Ambani said Reliance ended last year with net debt of Rs 1,54,478 crore. Ambani also said Reliance “will induct leading global partners in Jio and Reliance Retail in the next few quarters, and move towards the listing of both these companies within the next five years.” “As we achieve our zero-net debt target this financial year, I assure you, my dear shareholders, that we will reward you abundantly through higher dividends, periodic bonus issues, and other means, and at a more accelerated pace than any time in our history,” he said.

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History of this topic

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 has transformed India into largest data market in the world, says Mukesh Ambani at AGM 2024
4 months, 2 weeks ago

Jio has transformed India into largest data market in the world, says Mukesh Ambani at AGM 2024

India Today  

Reliance Industries Limited hosted its Annual General Meeting for 2024, today, August 29. It enables the company, says Ambani, to accelerate AI adoption across Jio to better understand trends and offer better services. "Jio users will get up to 100 GB of free cloud storage, to securely store and access all their photos, videos, documents, all other digital content, and …

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 …

Mukesh Ambani rejoins $100 billion club as Reliance stock surges record 2.6%
1 year ago

Mukesh Ambani rejoins $100 billion club as Reliance stock surges record 2.6%

Live Mint  

Mukesh Ambani is once again a centibillionaire. The richest person in India — and in Asia — saw his wealth climb $2.8 billion to $101.8 billion Thursday, as shares of his flagship, Reliance Industries Ltd., rose 2.6% to close at a record high. The listing last year of Reliance’s financial services unit, Jio Financial Services Ltd., helped to broaden the …

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 …

'Reliance Industries will invest additional Rs 20,000 cr in West Bengal in three years', says Mukesh Ambani
1 year, 1 month ago

'Reliance Industries will invest additional Rs 20,000 cr in West Bengal in three years', says Mukesh Ambani

India TV News  

Reliance Industries chairman and MD Mukesh Ambani has announced that an additional Rs 20,000 crore will be invested in West Bengal in the next three years. "We plan to invest an additional Rs 20,000 crore in Bengal in the next three years for enhancing digital life solutions, augmenting Reliance Retail footprint and on bio-energy," he said at the Bengal Global …

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 …

Network18 Q2 YoY operating revenue jumps 20% to Rs 1,866 crore
1 year, 2 months ago

Network18 Q2 YoY operating revenue jumps 20% to Rs 1,866 crore

Firstpost  

During the quarter, the company has taken a number of steps that will result in revenue visibility for years. The foremost being Viacom18’s acquisition of media rights for the BCCI International and Domestic matches Network18 Media & Investments on October 25 reported that its consolidated operating revenue for the July-September quarter jumped 20 percent year-on-year to Rs 1,866 crore, from …

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 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 …

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 …

RIL AGM 2023: Mukesh Ambani lists 5 goals that will fulfil dreams of 1.4 billion Indians
1 year, 4 months ago

RIL AGM 2023: Mukesh Ambani lists 5 goals that will fulfil dreams of 1.4 billion Indians

Firstpost  

At the 46th RIL AGM, Mukesh Ambani called the new Reliance ‘a new-age technology company. Today, we are a producer, deployer and democratiser of technology’ Mukesh Ambani, Chairman and Managing Director of Reliance Industries, on Monday listed out five goals that will fulfil the dreams of all 1.4 billion Indian. Speaking about his futuristic plans at the Reliance Industries Limited’s …

Reliance AGM 2023: From financial performance to AI revolution, read full speech
1 year, 4 months ago

Reliance AGM 2023: From financial performance to AI revolution, read full speech

Live Mint  

Reliance AGM 2023: Reliance Industries Limited Chairman Mukesh Ambani on Monday addressed the 46th Annual General Meeting of the company. The inaugural Jio True5G Lab will be located at the Reliance Corporate Park, acting as the nerve centre for shaping India’s 5G future. That’s why I am so proud of our forthcoming joint venture in India with Jio Financial Services, …

At RIL AGM, Mukesh Ambani hails Network18's 'great progress' in becoming top news network
1 year, 4 months ago

At RIL AGM, Mukesh Ambani hails Network18's 'great progress' in becoming top news network

Firstpost  

Pointing RIL’s progress in the media and entertainment sector, Mukesh Ambani said the business ‘created a huge disruption last year, with JioCinema leading the way’ At the 46th annual general meeting of Reliance Industries Limited in Mumbai on Monday, Chairman Mukesh Ambani said the Indian Premier League, which was streamed for free on JioCinema for the first time, set a …

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: Mukesh Ambani To Remain Chairman & MD for Next 5 Years
1 year, 4 months ago

Reliance AGM 2023: Mukesh Ambani To Remain Chairman & MD for Next 5 Years

News 18  

Mukesh Ambani, chairman of Reliance Industries Limited, on Monday addressed the 46th Annual General Meeting. This AGM closely follows the listing of Jio Financial Services and Qatar Investment Authority’s purchase of a stake in Reliance Retail Ventures Limited. While chairman Mukesh Ambani-led conglomerate is set for its 46th AGM, investors have been eagerly waiting for announcements on the timeline of …

Reliance AGM 2023: ‘Jio to lead India-specific AI solutions,’ says Mukesh Ambani while speaking on AI revolution
1 year, 4 months ago

Reliance AGM 2023: ‘Jio to lead India-specific AI solutions,’ says Mukesh Ambani while speaking on AI revolution

Live Mint  

Reliance AGM 2023: Reliance Industries Limited Chairman Mukesh Ambani on Monday spoke about the AI revolution in the world while addressing the 46th Annual General Meeting of the company. While emphasizing on the need to harness AI for innovation, growth, and India's prosperity, Mukesh Ambani said that Jio will lead India-specific AI solutions. {{^adFree}} {{/adFree}} “Withing the RIL Group, we …

Mukesh Ambani Hails Network18's 'Great Progress' in Becoming Top News Network, Roots for JioCinema
1 year, 4 months ago

Mukesh Ambani Hails Network18's 'Great Progress' in Becoming Top News Network, Roots for JioCinema

News 18  

Indian Premier League, which was streamed for free on JioCinema for the first time, set a global record with a staggering 45 crore viewers tuning in to the platform, Mukesh Ambani, Chairman of Reliance Industries Limited, said as he addressed the 46th Annual General Meeting in Mumbai on Monday. Highlighting RIL’s progress in the media and entertainment sector, Ambani said …

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 …

RIL trades flat ahead of 46th AGM at 2 pm today; Jio Financial surges 5%
1 year, 4 months ago

RIL trades flat ahead of 46th AGM at 2 pm today; Jio Financial surges 5%

Business Standard  

Shares of Reliance Industries Limited were flat at Rs 2,483 apiece on the BSE in Monday's intra-day trade ahead of 46th annual general meeting. As of 10:55 am, shares of JFSL were up 4.7 per cent to Rs 222 apiece on the BSE, while the stock clinched itself as top Nifty50 performer, up 3.7 per cent on the NSE. In …

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, …

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 …

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 …

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 …

Jio pips Airtel in revenue market share in Q4 2023: TRAI
1 year, 7 months ago

Jio pips Airtel in revenue market share in Q4 2023: TRAI

Live Mint  

Mukesh Ambani's telecom company has pipped rival Bharti Airtel in revenue market share in the fourth quarter of fiscal year 2023. Ambani's Reliance Jio Infocmm's gross revenue market share shot up by 13 basis points to 41.7% between January-March 2023 while Airtel's RMS remained unchanged at 36.5%. According to a report by Economic Times, Motilal Oswal said Jio's market share …

Reliance Industries' Q4 profit sees 18% year-on-year jump at ₹21,327 crore
1 year, 8 months ago

Reliance Industries' Q4 profit sees 18% year-on-year jump at ₹21,327 crore

Hindustan Times  

Reliance Industries has posted an 18.3 per cent jump in its profit after tax to ₹21,327 crore for the quarter ended March 31, 2023, against ₹18,021 crore in the year-ago period. The company said it achieved a record annual consolidated profit after tax at ₹74,088 crore in FY23 against ₹65,009 crore in FY22, which is up 14 per cent year-on-year. …

Telecom Subscriber Base In India Grows Marginally In January: TRAI
1 year, 9 months ago

Telecom Subscriber Base In India Grows Marginally In January: TRAI

News 18  

New Delhi, Mar 31: The telecom subscriber base in the country grew marginally to 1,170.75 million in January, driven by net customer gain in the fixed line segment, according to a sector regulator Trai report released on Friday. Even though Reliance Jio and Bharti Airtel jointly added 0.29 million new customers, the gain was offset by BSNL and Vodafone Idea …

Jio eyes new horizons with cheap fiber plan
1 year, 9 months ago

Jio eyes new horizons with cheap fiber plan

Live Mint  

Reliance Industries Ltd’s telecom arm, Reliance Jio Infocomm Ltd, seems to be aiming at market share gains in the wired broadband segment. View Full Image Graphic: Mint As of 31 December, Jio’s subscribers in the wired broadband segment stood at 7.65 million, giving it a market share of 24%. Also, “With a second home broadband connection being a new concept, …

Reliance to set up 10 gigawatt solar energy project in Andhra: Mukesh Ambani
1 year, 10 months ago

Reliance to set up 10 gigawatt solar energy project in Andhra: Mukesh Ambani

Hindustan Times  

Reliance Industries Chairman Mukesh Ambani on Friday said his group will be investing in Andhra Pradesh to set up a 10 gigawatt renewable solar energy project. Speaking at the inaugural session of the two-day Global Investors Summit 2023 here, Ambani said as much as ₹1.50 lakh crore was invested in Reliances’ KG-D6 assets, developing and supporting gas pipeline and the …

Reliance to invest ₹75,000 crore in Uttar Pradesh in 4 years: Mukesh Ambani
1 year, 11 months ago

Reliance to invest ₹75,000 crore in Uttar Pradesh in 4 years: Mukesh Ambani

The Hindu  

Reliance Industries Ltd will invest ₹75,000 crore in rolling out 5G mobile telephone services, expanding retail network and setting up renewable energy capacity in Uttar Pradesh in the next four years, its chairman Mukesh Ambani said on February 10. Speaking at the Uttar Pradesh Global Investors Summit 2023 here, Mr. Ambani said his group will set up 10 GigaWatts of …

Jio to complete 5G rollout across UP by Dec: Mukesh Ambani at investors' summit
1 year, 11 months ago

Jio to complete 5G rollout across UP by Dec: Mukesh Ambani at investors' summit

Hindustan Times  

Reliance Industries Limited managing director Mukesh Ambani on Friday announced Jio will complete its rollout of G to cover every town and village in Uttar Pradesh in 10 months -- by December 2023. Reliance Retail will revolutionise thousands of kiranas in the state," Ambani said enumerating Reliance's commitment to Uttar Pradesh at the Global Investors' Summit 2023 in Lucknow. Reliance …

Reliance Jio announces launch of ‘True 5G’ services across 50 cities
1 year, 11 months ago

Reliance Jio announces launch of ‘True 5G’ services across 50 cities

The Hindu  

Reliance Jio on January 24 announced the launch of its ‘True 5G’ services across 50 cities. Calling it the “largest-ever” launch of its services, the company added that Jio’s 5G services are now available across 184 cities. Additionally, Lok Sabha speaker Om Birla will inaugurate the services in Kota, while Harayan Home Minister Anil Vij will do the same in …

After telecom and retail, what is Mukesh Ambani’s next big plan?
2 years ago

After telecom and retail, what is Mukesh Ambani’s next big plan?

Live Mint  

Mukesh Ambani, the billionaire chairman of Reliance Industries Ltd., will be focusing his attention on the Indian conglomerate’s pivot to green energy, according to people familiar with the matter, after putting his children in charge of other businesses. Asia’s second-richest man is known for his single-minded focus on key pursuits: In the 1990s he lived for months in shipping containers …

On Reliance Family Day event, Mukesh Ambani reveals RILs big future plans
2 years ago

On Reliance Family Day event, Mukesh Ambani reveals RILs big future plans

India TV News  

Reliance Family Day 2022: Speaking at his father Dhirubhai Ambani's birth anniversary on Wednesday, Reliance Industries chairman Mukesh Ambani revealed the company's succession plans and targets that he has set for his three children. Isha Ambani The RIL chairman noted that Reliance's retail business has grown rapidly under Isha, adding, "I know that all of you in the Retail team …

Reliance Jio plans to quickly tighten its fintech ‘DNA loop’
2 years, 2 months ago

Reliance Jio plans to quickly tighten its fintech ‘DNA loop’

Live Mint  

To record all the words ever spoken by humankind, five exabytes of storage would suffice. Telecom customers of Mukesh Ambani’s Reliance used up nearly six times as much data last quarter. That’s where Reliance wants to go next: to a “consumer and merchant lending business based on proprietary data analytics to complement and supplement the traditional credit bureau-based underwriting,” as …

Reliance Jio formally launches 5G services, launch JioTrue5G powered WiFi services in Nathdwara
2 years, 2 months ago

Reliance Jio formally launches 5G services, launch JioTrue5G powered WiFi services in Nathdwara

Firstpost  

Under the Jio True5G Welcome Offer, customers with invitation only will get access to 5G service during the beta trial and be able to access unlimited data up to 1 gigabit per second. On October 1, after Prime Minister Narendra Modi launched the 5G telephony services that promise to provide ultra-high-speed internet on mobile phones, Mukesh Ambani said Reliance Jio, …

Reliance Jio Chairman Akash Ambani Launches 5G: Which Cities Will Get Jio 5G First, And More
2 years, 2 months ago

Reliance Jio Chairman Akash Ambani Launches 5G: Which Cities Will Get Jio 5G First, And More

News 18  

In his first major announcement as the head of Reliance Jio, chairperson Akash Ambani announced the launch of 5G-enabled wi-fi service in Rajasthan’s famous Shrinathji temple in Nathdwara near Rajsamand on Saturday. Reliance Jio chairman Akash Ambani said the Jio True 5G pilot beta trial had been extended to Chennai and Nathdwara. From today, with Nathdwara, Chennai is also going …

Net Profit Rises 28% YoY to Rs 4,518 crore, ARPU Grows 23.5% To Rs 177.2 - News18
2 years, 2 months ago

Net Profit Rises 28% YoY to Rs 4,518 crore, ARPU Grows 23.5% To Rs 177.2 - News18

News 18  

Reliance Jio Infocomm, a subsidiary of Reliance Industries‘ digital unit Jio Platforms, reported year-on-year growth of 28 percent in its standalone net profit at Rs 4,518 crore for the September quarter. Average revenue per user during the quarter of Rs 177.2 per subscriber per month saw a healthy 23.5 percent growth compared to year-ago period due to better seasonality and …

Reliance Jio topples BSNL; becomes largest fixed-line service provider with over 7 million subscribers
2 years, 2 months ago

Reliance Jio topples BSNL; becomes largest fixed-line service provider with over 7 million subscribers

India TV News  

Highlights This is the first time a private operator has gained the numero uno position in the wireline segment BSNL has been providing wireline services since the last 22 years Jio, on the contrary, launched its wireline offering 3 years ago Private telecom operator Reliance Jio toppled state-run BSNL in August to become the largest fixed-line service provider in the …

India's Reliance Jio selects Nokia as equipment provider in 5G push
2 years, 2 months ago

India's Reliance Jio selects Nokia as equipment provider in 5G push

The Hindu  

Indian telecom service provider Reliance Jio has chosen Nokia as a major supplier, the Finnish telecom equipment maker said on Monday, as India's biggest mobile carrier gears up to expand next-generation wireless services across the country. Nokia will supply Reliance Jio, which has more than 420 million customers, with 5G radio access network equipment in a multi-year deal, the company …

Reliance Jio ropes in Ericsson to partner in building its standalone 5G network
2 years, 2 months ago

Reliance Jio ropes in Ericsson to partner in building its standalone 5G network

Hindustan Times  

Telecom gear maker Ericsson on Monday announced a long-term strategic 5G contract with Reliance Jio to roll out 5G standalone network in the country. Akash Ambani, Chairman of Reliance Jio, said, "We are delighted to partner with Ericsson for Jio's 5G SA rollout.We are confident that Jio's 5G network will accelerate India's digitalisation and will serve as the foundation for …

Jio 5G across India by Dec 2023: Mukesh Ambani
2 years, 3 months ago

Jio 5G across India by Dec 2023: Mukesh Ambani

The Hindu  

Reliance Jio, the nation's biggest telecom firm, will expand 5G telephony services offering ultra-high-speed internet connectivity to every part of the country by December 2023, its chairman Mukesh Ambani said on Saturday. "Today, I want to reiterate Jio's commitment to delivering 5G to every town, every taluka, and every tehsil of our country by December 2023," he said at the …

'New era about to begin': Telecom leaders welcome 5G launch | Top Points
2 years, 3 months ago

'New era about to begin': Telecom leaders welcome 5G launch | Top Points

India TV News  

5G services launched: India entered a new era in technology as Prime Minister Narendra Modi launched the 5G telecom services at Indian Mobile Congress 2022 in Delhi on Saturday. Top leaders from telecom industry, including Reliance Industries chairman Mukesh Ambani, Bharti Enterprises founder-chairman Sunil Bharti Mittal and Aditya Birla Group chairman Kumar Mangalam Birla attended the mega event. Mukesh Ambani …

Reliance Jio vows high speed 5G network
2 years, 3 months ago

Reliance Jio vows high speed 5G network

Deccan Chronicle  

HYDERABAD: As India awaits the launch of 5G services by Prime Minister Narendra Modi on October 1 at India Mobile Congress in New Delhi, Reliance Jio on Friday promised to offer “True 5G” services to customers through a standalone 5G network. The True 5G network, the company said, can offer powerful services and deliver performance at low latency, ideal for …

Akash Ambani Named in Time100 NEXT list; Here's Why The Reliance Jio Chairman Is The Next Big Thing
2 years, 3 months ago

Akash Ambani Named in Time100 NEXT list; Here's Why The Reliance Jio Chairman Is The Next Big Thing

News 18  

Akash Ambani, chairman of India’s largest telecom company Reliance Jio, has been named in the TIME100 Next, TIME magazine’s list of the world’s rising stars. Akash Ambani, who is the elder son of billionaire Mukesh Ambani, was promoted in June to chairman of Jio, India’s largest telecom company with over 426 million subscribers. Akash Ambani’s Big Role In Reliance Akash …

Mukesh Ambani prepares to hand a $220 billion empire to his children
2 years, 4 months ago

Mukesh Ambani prepares to hand a $220 billion empire to his children

CNN  

New Delhi CNN Business — Indian billionaire Mukesh Ambani has laid out plans to hand his sprawling business empire to his children, while insisting he has no intention of retiring any time soon. Ambani, 65, set out his succession plan on Monday, telling shareholders in his Reliance Industries conglomerate that his three children are “first among equals” and are being …

How Reliance's ambitious 5G rollout plans can change India's digital story
2 years, 4 months ago

How Reliance's ambitious 5G rollout plans can change India's digital story

India Today  

The aggression demonstrated by Reliance Jio at the recently concluded 5G spectrum auction was the clear giveaway in terms of what to expect. Of the Rs 1.50 lakh crore that the government garnered through the auction of 5G spectrum, Jio’s outgo was over Rs 88,000 crore. Overall, it must be said that the 5G announcement by Reliance is highly disruptive,” …

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