JFS plans to launch auto, home loans and other products, as the billionaire Mukesh Ambani-backed company seeks to establish itself as a full-service financial services firm in a rapidly growing market
The mobile Arpu for Airtel stood at Rs 200 at the end of the first quarter of FY24. On the other hand, Airtels's Arpu for home services stood at Rs 608
If the conflict lasts longer and turns more violent, the Indian rupee will likely dip around 3-4 per cent against the US dollar
Earlier in September, Jio had also raised close to $2 billion from BNP Paribas
Airtel had earlier targeted rolling out 5G services in all key towns and rural areas by September. Jio aims to reach every district and town with 5G by the end of 2023
After getting the license, Starlink will become eligible for spectrum allocation, after which it can start providing satellite broadband services
Vodafone Idea has found it difficult to raise funds in the past two years which has hurt its ability to expand its 4G network and begin the 5G rollout
Nvidia will provide the Superchips and computers and Reliance Jio will take care of the applications and services
RIL AGM: From Mukesh Ambani's address to major announcements, check all the live updates and news related to Reliance's 46th annual general meeting here
RIL AGM 2023: Ahead of RIL AGM, it is necessary to take a look back at the key announcements made by Ambani at RIL AGM 2022
Reliance Jio Infocomm on Monday said it has rolled out 5G services in 26 gigahertz millimetres across India and has claimed a record top speed of up to 2 gigabits per second. The millimetre wave is a short-length radio wave that almost works like a dedicated spectrum pipe for each user and has the potential to deliver wired broadband-level speed. "Jio customers now using 26 GHz mmWave-based business-connectivity across all 22 telecom circles," Reliance Jio said in a statement. The telecom major said it has completed its minimum roll-out obligations in each of the 22 telecom circles, across each of the spectrum bands, ahead of time under the terms of the spectrum allocated to it on August 17, 2022. "On July 19, 2023, RJIL had completed submission of the prescribed details towards completion of the Phase 1 minimum roll-out obligation with the Department of Telecommunications Units and by August 11 2023, necessary DoT testing was completed in all circles," the statement said. Jio sai
The device is powered by a 2.0 GHz octa-core processor and comes supported by 4 GB LPDDR4 RAM and 64 GB internal storage which can be expanded up to 256 GB with an SD card
The govt is of the view that the troubled VI should be given adequate time to raise funds, especially now that potential investors are comfortable knowing that the govt is also taking equity in VI
As Starlink goes ahead with its plan, it will have rivals like Bharti Group company OneWeb, Amazon, and Reliance Jio's satcom waiting for it
The market leader, Reliance Jio has not announced the increments and bonuses so far
In which we munch over the week's platter of news and views
Reliance's purchase from Nokia is in addition to the $2.1 billion worth of 5G equipment that it is already buying from Sweden's Ericsson
Even before Prime Minister Narendra Modi landed in the US for his official state visit, Jio had submitted details to the government detailing the readiness of its 5G solutions
Speaking on the current telecom market in the country, VI's chairman Ravinder Takkar said that telecom tariffs remain unsustainable and need to rise significantly for business to thrive
The money is likely to be used to support the working capital needs of the company besides expansion in energy and telecom businesses