Page 12 - Reliance Jio

Jio now world's largest data company, carries 8% of global traffic: Ambani

JioAirFiber, the company's 5G-based home Wi-Fi service launched in October last year, acquired 1 million customers in the first six months, and the next 1 million in succeeding 100 days, Ambani said

Jio aims to add a mn broadband homes every month, says Mukesh Ambani

Jio will aim to add a million broadband homes every month to achieve 100 million home broadband customers in a record time, RIL Chairman Mukesh Ambani said on Thursday. While speaking at RIL's 47th AGM, Ambani said JioAirFiber clocked first million customers in six month. "By leveraging our deep-tech capabilities and continuously optimising every process, we acquired the next 1 million air fibre customers in just 100 days. We are now challenging ourselves to add a million homes every 30 days. With this momentum, we are confident of reaching our target of 100 million home broadband customers at record speed," he said. He said Jio is also targeting over 20 million small and medium businesses, 1.5 million schools and colleges, over 70,000 hospitals, and 1.2 million doctors to connect with broadband.

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

Viacom18's JioCinema to live-stream Paralympic Games Paris 2024

Viewers will be able to catch the opening ceremony tonight at 11:30 PM IST and live action from the Paralympic Games Paris 2024 from August 29 at 12 noon onwards

Jio IPO, new-energy biz update: Here's what to expect from RIL's 47th AGM

RIL AGM 2024: Given RIL's historical performance and the significant developments in its various business segments, investors have high expectations from the 47th AGM

Decoded: Why telcos, OTTs are clashing over new Telecom Act definitions

Traditional telecom operators are pushing for over-the-top (OTT) services, such as WhatsApp and Google Meet, to be regulated on par with themselves to ensure a 'level playing field'

Reliance Jio introduces JioTV+ app with access to 800 Digital TV channels

Interestingly, users can choose to watch content from over 13 popular OTT apps with a single login, according to a release

Telco operators ask Trai to bring OTT apps under licensing framework

Telecom operators, in their latest submission to sector regulator Trai, have unanimously demanded to bring over-the-top apps like WhatsApp, Signal and Telegram within the ambit of the licensing regime under the new Telecommunication Act. Reliance Jio, Bharti Airtel, Vodafone Idea and industry body COAI -- in their comments on the consultation paper issued by Trai, seeking views on the framework for service authorisations to be granted under the Telecommunications Act, 2023 -- have said that the calling and messaging apps should be brought under services to be provided through authorisation. "As per our understanding, OTT Communication services are covered under the new Telecom Act as an access service," Telecom operators industry body COAI said in its submission to the Telecom Regulatory Authority of India (Trai). Reliance Jio said the definition of 'message' and 'telecommunication service' under the newly enacted Telecommunication Act, 2023, includes all forms of telecommunication

JFSL to shape prosperous, inclusive financial future for India: Ambani

Jio Financial Services Ltd (JSFL) will lead the way in shaping a prosperous and inclusive financial future for India by focussing on technology and developing tailor made products, RIL Chairman and Managing Director Mukesh Ambani said. JFSL is a subsidiary of Reliance Industries Ltd (RIL). It is engaged in the business of investing and financing, insurance broking, payment bank and payment aggregator and payment gateway services. In a message to shareholders, Ambani said the company's focus remains firmly on innovation, growth, and fostering financial literacy across the nation. "We are expanding our portfolio of services, elevating user experience, and harnessing the power of cutting-edge technology to simplify and personalise financial management for our valued customers," he said in the inaugural Annual Report of JFSL released on Thursday. The mission is to revolutionise the way financial services are delivered and experienced in India and the company has laid a strong foundatio

Jio Studios garners Rs 700 cr from box office, action-packed year ahead

Jio Studios, the media and content arm of Billionaire Mukesh Ambani-led Reliance Industries, has garnered Rs 700 crore at the box office, according to the latest annual report of the oil-to-chemicals company. The company has an "action-packed year" with 11 theatre releases, 35 direct-to-digital releases and 8 original web series across languages and genres produced by the company, which is "the largest by any film studio" in 2023-24. These were released across theatres, OTT and broadcast platforms including Jio Cinema, Netflix, Amazon Prime Video, Disney+ Hotstar, Colors and Star Network, it added. "With eight consecutive hits, Jio Studios' films garnered a whopping Rs 700 crore at the box office with every second film in Q4 FY2024 being a Jio Studios film," it said. Besides, Jio Studios also has an "extensive pipeline of theatrical spectacles", the report added. "Jio Studios has strategically expanded its presence beyond the Hindi market, making significant inroads in regional .

Reliance Jio's subscriber base jumps to 481 million, 108 million using 5G

The Jio True5G network now carries almost 30% of Jio's mobility data traffic, the company said in its annual report 2023-24

JioBharat J1 4G with pre-installed Jio apps for UPI, TV, and more launched

The JioBharat J1 4G is available on Amazon India at Rs 1,799. The feature phone is offered in sole dark grey colour

Jio Things launches MediaTek-powered 4G Android Cluster, Module for 2W EVs

Jio Things smart digital cluster is based on AvniOS, an Android Open Source Project-based operating system designed to offer real-time data analytics, customisable interfaces, and voice controls

Reliance Jio Infocomm Q1 results: Net profit rises 12% to Rs 5,445 crore

The net profit stood at Rs 5,445 crore for the quarter under review, which translates into an 11.9 per cent increase year-on-year and a 2 per cent rise sequentially

Jio, Airtel cumulatively gain 3.44 mn mobile users in May, shows data

Reliance Jio and Bharti Airtel cumulatively raised their wireless subscriber tally by 34.4 lakh users in May, while Vodafone Idea continued to witness a fall in its user base, data released by TRAI showed on Tuesday. India's largest telecom operator Reliance Jio gained 21.9 lakh wireless users, and Bharti Airtel added 12.5 lakh mobile customers in May, even as Vodafone Idea lost 9.24 lakh wireless users during the month. The gains pushed Reliance Jio's mobile subscriber tally to 47.46 crore in May from 47.24 crore in April, according to the latest telecom subscription data by the Telecom Regulatory Authority of India (TRAI). Vodafone Idea continued to register a decline in mobile subscribers as its wireless subscriber count fell by 9.24 lakh to 21.81 crore users in May. "In the month of May 2024, 12 million subscribers submitted their requests for Mobile Number Portability (MNP). With this, the cumulative MNP requests increased from 973.60 million at the end of April-24 to 985.60 .

Telecom ministry to work on actionable plan on identified issues: Scindia

The telecom ministry will work on actionable plan with defined timelines on issues that have been discussed with telecom operators and other players in the sector, Union minister Jyotiraditya Scindia said on Tuesday. The minister held meetings with three of the six committees set by his ministry. The meeting with the committee on telecom operators was attended by telecom chiefs including Reliance Jio Chairman Akash Ambani, Bharti Airtel Founder and Chairman Sunil Bharti Mittal, and Vodafone Idea MD and CEO Akshaya Moondra. "We've identified a rather deep agenda for these committees. Now the members of these committees and us will be working together," Scindia said. Industry body Cellular Operators Association of India (COAI) Director General S P Kochhar was also part of the meeting. Scindia said there are varied schedule for the first presentation of these committees that will be over the next couple of weeks. "Then we will be taking on each individual issue, delving into the det

Jio Financial Services Q1 results: Net profit down 5.72% at Rs 313 crore

Interest income was down 19.8 per cent to Rs 162 crore in Q1FY25 as against Rs 202 crore in Q1FY24

89% of Indians face call drops even after tariff hike by Jio, Airtel, VI

The situation is such that 1 in 3 citizens surveyed indicated that they are regularly making Wi-Fi calls through OTT platforms as they face call connectivity and drop issues

Jio, Airtel, Vi, vs BSNL: Tariffs comparison and how to port to BSNL

Recently major telecom companies increased the prices of their plans. Here's a quick tariffs comparison between all the top companies