Page 3 - Jio Network

Jio Brain to AI-Cloud welcome offer: Key tech announcements from RIL AGM

Mukesh Ambani announced that Reliance is establishing a "national AI infrastructure" aligned with Jio's vision of "AI Everywhere For Everyone

Reliance Industries to consider 1:1 bonus: A look at RIL's bonus history

After the bonus shares announcement, Reliance Industries share price surged up to 2.63 at Rs 3,074.80 a piece intraday on Thursday

Jio to launch "AI Cloud Welcome Offer" this Diwali, announces Mukesh Ambani

Reliance stated that it is developing a suite of AI-powered services collectively called JioAI. Among the first services to roll out will be JioPhone Call AI

Jio's network cost per tower less than Airtel's but gap shrinking: Analysts

Bharti Airtel's energy costs per tower reduced at a faster pace in FY24 bringing it closer to Jio's

Debate over satellite spectrum allocation: Jio, OneWeb up the ante

Sunil Mittal's OneWeb had earlier insisted that spectrum allocation for satellite operators be done administratively as outlined in the Act - setting up a direct confrontation with Jio

RIL eyes JioCinema as sole OTT platform post Star-Viacom18 merger deal

In February this year, RIL and Disney agreed to merge Star and Viacom18, forming an $8.5 billion media giant with over 100 channels and two streaming platforms

Hotstar, JioCinema beat parent companies' TV businesses in valuation race

On February 28, RIL and Disney finalised a deal to merge Star India and Viacom18, resulting in a new entity valued at Rs 70,352 crore, which includes a Rs 11,500 crore capital infusion from RIL

Jio Platforms Q1 FY25 results: Net profit rises 11.7% to Rs 5,698 crore

ARPU stays put at Rs 181.7 for the fourth-straight quarter

Reliance Jio listing: Tariff hikes a trigger, but spinoff better option

The current minority investors in Jio may prefer the spin off route and RIL could also consider buyout of current institutional stakeholders in Jio after the spin off if it wanted to shore up stake

Crony capitalism thriving under Modi: Congress on Jio, Airtel tariff hikes

Congress leader Randeep Singh Surjewala questioned the Centre's intent, asking how the companies were unilaterally allowed to increase the rates without any oversight and regulation

Jio network down? Users unable to access internet, complain on social media

According to Downdetector, the outage has affected over 54 per cent of users who are experiencing issues with mobile internet

Jio Financial Services launches 'JioFinance' app in beta version

Key features of the application include instant digital account opening and streamlined bank management with the "Jio Payments Bank Account" feature

Telecom operators seek 5-6 year moratorium on spectrum purchases after 2025

Operators said such a moratorium is needed on spectrum bought in auctions from next year due to significant capital expenditure incurred in deploying 5G services

Jio Financial Services plans $4.33 billion deal with Reliance Retail

Under the proposed deal, the JFS unit called Jio Leasing Services will buy telecom equipment and devices that usually include routers and cell phones

Trai to announce stricter norms for call disruptions, video jitters on 5G

Currently, 5G service users encounter various challenges including poor call quality, call drops, inability to connect to 5G despite activating phone settings, and negligible disparity in speeds

Jio adds 3.59 million users, corners 40% of market share in February

The company's growth has largely come at the expense of Vodafone Idea (Vi), which has been experiencing significant customer attrition for the past 23 months

Jio Fin's arm invests Rs 2.5 cr in Reliance International Leasing IFSC Ltd

Jio Financial Services on Thursday said its subsidiary Jio Leasing Services and its nominees have made an initial investment of Rs 2.50 crore in newly-incorporated Reliance International Leasing IFSC Ltd (RILIL). Incorporated on February 1, RILIL is a 50:50 joint venture between Jio Leasing and Reliance Strategic Business Ventures Ltd, an arm of Reliance Industries. "Jio Leasing Services Ltd (JLSL)... along with its nominees invested an amount of Rs 2.50 crore towards the initial subscription of 25 lakh equity shares of Rs 10 each of RILIL, for cash at par," Jio Financial Services said in a BSE filing. JLSL is a subsidiary of Jio Financial. RILIL will be engaged in the business of operating lease of ships, vessels and voyage charters in International Financial Services Centre (IFSC) located at International Finance Tec-City (GIFT City), Special Economic Zone (SEZ), Gujarat. Shares of Jio Financial Services were trading Rs 355.70, up 1.50 per cent from previous close on the BSE.

Tech, cricket big wins for billionaire Ambani in Disney-Reliance tie-up

Reliance's JioCinema is largely free and doesn't disclose user numbers, having started a premium paid offering just last year

TMS Ep632: Jio OTT and TV, flight delays, markets, Right to Disconnect

Can Reliance do a Jio in media? Why are your flights getting delayed or cancelled? Is the market recovery sustainable? What is Australia's Right to Disconnect Bill? All answers here

Jio adds 3.16 mn subscribers in October; Vi loses 2.04 mn: Trai data

India's largest telecom operator Reliance Jio added 31.59 lakh mobile users while rival Bharti Airtel's subscriber gain came in at 3.52 lakh in October 2023, as per monthly subscriber data by TRAI. There was no relief for the troubled telco Vodafone Idea on subscriber front, as it lost 20.44 lakh wireless subscribers in October. With the addition of 31.59 lakh users, Jio's total wireless subscriber count climbed to 45.23 crore in October from 44.92 crore in September. Sunil Mittal-led Airtel's wireless subscriber gain of 3.52 lakh pushed up the telco's user tally to 37.81 crore in October. The subscriber losses of Vodafone Idea Ltd (VIL) dragged its wireless user base to 22.54 crore in October, the data by Telecom Regulatory Authority of India (TRAI) showed. Cash-strapped VIL has been battling fundraising woes and subscriber losses.