Page 21 - Reliance Jio

Jio rolls out 5G service in 26 Ghz band, claims top speed of 2 gbps

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

Reliance Jio likely to announce two 5G smartphones at RIL AGM: Details here

Indicating a forthcoming announcement, two Jio smartphones have recently received certifications from Bureau of Indian Standards (BIS)

Jio Platforms' subsidiary Radisys completes acquisition of Mimosa Networks

Jio Platforms' subsidiary Radisys Corporation on Friday announced that it has completed the acquisition of Mimosa Networks, Inc. from Airspan Networks Holdings Inc. Earlier this year, the companies had announced the deal under which Radisys Corporation signed a definitive agreement with US-based Airspan Networks Holdings for the acquisition of Mimosa Networks for USD 60 million on a debt-free, cash-free basis. According to a release on Friday, "Radisys Corporation, a wholly owned subsidiary of Jio Platforms Limited and a global leader of open telecom solutions, today announced that it has completed the acquisition of Mimosa Networks, from Airspan Networks Holdings Inc." With this, Mimosa has become a wholly-owned subsidiary of Radisys. Radisys' acquisition of Mimosa will accelerate the availability of broadband access for advancing societies, the release said. Mimosa offers a diverse portfolio of point-to-point and point-to-multi-point connectivity products leveraging unlicensed ..

Vodafone Idea, Adani Data Networks may not get relaxations for 5G rollout

According to rules, a telco has to commercially launch service anywhere in each of the three metros and at least in one city in each of India's 22 telecom circles at the end of the first year

Voot, JioCinema merged; users now free to switch from one platform to other

Reliance-owned Jio Studios is likely to invest Rs 2,200 crore to create a library of 100 movies and web series to retain customers after the IPL

Jio's Rs 149 pack with 20 days validity; everything you need to know

Jio is offering its customers a Rs 149 plan which can be a value for money deal for users if that they are searching for something affordable and of short-term validity

RJio gets $2.2 bn from Swedish export credit agency to finance 5G rollout

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. The company has largely procured telecom gears from Swedish firm Ericsson and Finnish company Nokia to deploy its 5G network. "RJIL tied up its first-ever Swedish Export Credit Agency (EKN) supported facilities of USD 2.2 billion equivalent making it the largest cover ever provided by EKN for a deal to a private corporate globally. The proceeds of the facilities shall be utilised to finance the equipment and services in relation to RJIL's pan-India 5G roll out," Reliance Industries Ltd said in its annual report. While there has been a decline in telecom gear shipment across major geographies, 5G rollout in India led by Reliance Jio has been able to offset the dip in business of Ericsson and Nokia. Ericsson reported 74 per cent growth in net sales in the June 2023

JioPhone 2 slightly expensive than available feature phone: Airtel MD

JioPhone2 meant to target 2G user base is slightly expensive compared to other options available in the market and it is early to assess the impact on the target market, a senior Bharti Airtel official said on Friday. Bharti Airtel Managing Director Gopal Vittal during the company's earning call said that the company is generating operating free cash flow of almost Rs 19,000 crore and it is expected to improve further. In response to a question on JioPhone2 impact, Vittal said that the previous version of the device did had an impact on 2G market base but it is too early to assess any impact of the new device. "Today, the feature phone segment accounts for about 18 per cent of our overall revenues. And more importantly, it's only once in four years that a customer chooses to replace the feature phone. The pricing of this (JioPhone2) device is slightly higher than the cheapest feature phones are just competitive," Vittal said. He said that the company will continue to focus on our .

Achieved 5G rollout obligations in all circles, ready for testing: Jio

After months of 5G network rollout across the country, India's largest telco Reliance Jio has informed the government that it has achieved 5G rollout obligations in all circles, and is ready to be tested as per stipulated parameters. Mukesh Ambani-led Reliance Jio has sent out a communication to the Telecom Department (DoT) term cell informing them about rollouts achieved in all circles, according to sources who said that in the next step, the term cells will pick 10 per cent sites for testing. Once the test results meet the required parameters, the certificate about completion of rollout obligation is issued, they explained. Moreover, the telco -- which competes in the Indian telecom market with players like Bharti Airtel -- has successfully tested 5G services on bands of 26 GHz and 3300 MHz spectrum in Gujarat circle. "Gujarat LSA conducted Phase I of 5G roll out testing in 26 GHz and 3300 MHz spectrum allocated to Reliance Jio Infocomm Ltd," DoT's Gujarat wing said in a post on

At $112 bn, RIL's retail arm value almost twice of O2C biz: Bernstein

According to Berstein's latest report on the company, its retail business is valued at $112 billion while its O2C business is valued at $57 billion

Reliance Jio, Airtel drive telecom subscriber base to 1,172.57 mn in May

New customer addition by telecom operators Reliance Jio and Bharti Airtel led to a marginal growth in the country's telecom subscriber base to 1,172.57 million in May, according to a report released by regulator Trai on Tuesday. Subscriber loss of Vodafone Idea, BSNL and MTNL mitigated the growth of the telecom user base in May. "The number of telephone subscribers in India increased from 1,172.52 million at the end of April-23 to 1,172.57 million at the end of May-23, thereby, showing a monthly growth rate of 0.004 per cent," the Telecom Regulatory Authority of India (Trai) said in its monthly subscriber report. The subscriber base growth came from rural areas, where subscriptions increased to 519.14 million in May from 518.64 million. The growth was offset by a decline in the subscriber base in urban areas to 653.43 million in May from 653.88 million in April. The wireless subscriber base grew marginally to 1,143.21 million in May from 1,143.13 million in April. Reliance Jio ...

Jio gains 3 million new subscribers, Vodafone loses 2.8 mn in May: Trai

Reliance Jio continues as the market leader holding more than 50% of broadband market share and 38% of subscriber market share

TMS Ep486: IT return, Tweets turns X, Jio-BlackRock JV, gigafactory

Why do so few Indians pay income tax? Will the 'X' Factor help revive Twitter? Can the Jio-BlackRock JV stir the AMC pot? What is a gigafactory? All answers here

JioBook: Reliance Jio may launch its second-generation laptop on July 31

While it does not appear that the JioBook (2023) will have many visible design changes, it is expected that the new device will have internal upgrades

RIL dips 3% in intraday trade on weaker-than-expected Q1FY24 results

The company reported a 10.8% year-on-year dip in its consolidated net profit to Rs 16,011 crore owing to weak profitability seen in the O2C business

Jio Platforms net profit up 12.5% to Rs 5,098 crore in Apr-Jun quarter

Digital services company Jio Platforms on Friday posted a 12.5 per cent year-over-year rise in net profit at Rs 5,098 crore in the June 2023 quarter on account of subscriber additions and better realisation per user. The company had posted a net profit of Rs 4,530 crore in the same period a year ago. The revenue from operations of Jio Platforms came in at Rs 26,115 crore during the reported quarter, up 11.3 per cent from 23,467 crore over the year-ago period. The net subscriber addition of the company surpassed 90 lakh with total data traffic jumping over 28 per cent YoY to 33.2 billion gigabytes for the quarter. The average revenue per user, measured in terms of ARPU, improved by 2.8 per cent YoY to Rs 180.5 fuelled by better subscriber mix and ramp up of wireline business. Jio Platforms comprises telecom arm Reliance Jio Infocomm, a host of startups, and music and video streaming apps. "5G adoption and FTTH ramp-up drive strong 28.3 per cent Y-o-Y growth in data usage as monthl

Jio Platforms Q1 net rises 12.53% to Rs 5,098 cr; ARPU now beyond Rs 180

On track to finish 5G roll-out before December, says Ambani

Trai said Jio tariffs not violationt: Devusinh Chauhan on predatory pricing

Regulator TRAI has taken a view that tariffs offered by Reliance Jio are not in violation of the tariff orders after it received a complaint that live TV channels on the telco's broadband offering amounted to predatory pricing, Parliament was informed on Friday. The Telecom Regulatory Authority of India (TRAI) received a complaint from a telecom service provider, where it was alleged that Reliance Jio Infocomm Ltd (RJIL) is offering services in contravention of the Tariff orders issued by the regulator. "On receipt of the complaint, TRAI sought response from RJIL. On examination of the complaint and the response received from RJIL, TRAI is of the opinion that the tariffs offered by RJIL are not in violation of the Tariff orders," Minister of State for Communications Devusinh Chauhan said in a written reply in Rajya Sabha. Under the provisions of the Telecom Regulatory Authority of India (TRAI) Act, 1997, TRAI regulates tariffs for the telecommunications sector in the country. The .

Reliance Jio Q1 net profit rises 12% to Rs 4,863 crore, revenue up 9.9%

Reliance Jio's total income during the first quarter rose to Rs 24,127 crore from Rs 21,995 crore a year ago

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