Page 37 - Reliance Jio

RIL AGM: Jio to invest Rs 2 trn in 5G; pan-Indian rollout by Dec 2023

Reliance Industries Ltd Chairman Mukesh Ambani on Monday announced a Rs 2 lakh crore investment in deploying fifth-generation or 5G telephony with rollout in metro cities by Diwali. Jio, the nation's largest telecom operator, has deployed standalone 5G stack rather than upgrading the existing 4G network, to offer ultra-high speed internet, he said at Reliance Industries' 45th AGM. Jio will launch 5G services by Diwali in metro cities of Delhi, Mumbai, Kolkata and Chennai, he said adding this will be expanded to other cities and towns in phases to cover entire India in 18 months by December 2023. Jio's ambitious 5G rollout plan will be the fastest in the world, he said.

Top headlines: Jio to invest Rs 2 trn in 5G; Reliance to launch FMCG biz

The objective of this business will be to develop and deliver products and solve every Indian's daily needs, with high quality products at affordable pricing

700MHz spectrum acquisition gives Jio edge over Bharti for 5G monetisation

Standalone architecture is a superior quality network with a lot more capabilities that can be developed

What should investors expect from RIL's 45th AGM?

Big announcements may be on the cards as Reliance Industries is set to hold its 45th AGM on Monday. The company may announce its plans for 5G rollout, green hydrogen, solar power and retail business

Sensex ends 352 pts off day's lows, rises 38 pts; L&T, Airtel top gainers

CLOSING BELL: The recovery was led by Kotak Bank (up 4 per cent), L&T, Bharti Airtel, SBI, HDFC Bank, HDFC, and ITC

Stocks to Watch: GAIL, Sona BLW, ONGC, Natco Pharma, RIL, Airtel, Vodafone

Stocks to Watch: Blackstone Inc. is seeking to raise as much as Rs 3,180 crore ($400 million) through the sale of shares in Indian automotive component maker Sona Comstar

Jio gained 4.2 million new users in June, Airtel added 0.79 million: Trai

In contrast, Airtel only added 0.79 million customers while Vodafone Idea continued its losing streak as it shed 1.8 million users

Telecom user base grows to 1.17 bn with Jio taking lead in new addition

Telecom subscriber base in the country grew marginally to 117.29 crore in June with Reliance Jio adding maximum number of new customers, according to data released by sector regulator Trai on Wednesday. There were 117.07 crore subscribers in May 2022. "The number of telephone subscribers in India increased from 1,170.73 million at the end of May 2022 to 1,172.96 million at the end of June 2022, thereby showing a monthly growth rate of 0.19 per cent," Trai said in the report. The wireless subscriber base grew to 114.73 crore in June from 114.55 crore in May. Reliance Jio's wireless subscriber base grew to 41.3 crore with net addition of 42.23 lakh customers. It was followed by Bharti Airtel whose subscriber base increased to 36.29 crore with net addition of 7.93 lakh customers. Vodafone Idea continued to lose subscribers. Its subscriber base fell by 18 lakh to 25.66 crore. State-run BSNL and MTNL also lost 13.27 lakh and 3,038 wireless customers respectively. The wireline (fixed

Reliance Jio, Voda step up hiring as 5G related job postings rise 65%

As India and other countries take firm steps to adopt 5G, the number of job postings by telcos related to 5G increased by 65 per cent last month, from 5,265 job postings in January to 8,667 in July

5G networks: The next big battle in India's telecom space is about to begin

Now that the bidding for spectrum is over, the next big battle lies in standalone versus non-standalone networks

Independence Day Offer: Airtel, Jio prepaid plans, validity, and benefits

Airtel and Jio users will get great benefits, validity, and plans on the 75th Independence day of India. Read this article to know everything about plans, validity, and benefits.

Telecom fims, govt in talks over harmonisation of 5G spectrum: Report

The spectrum harmonisation process, critical for 5G services, brings together a bunch of radio wave holdings within a band into one contiguous block with the consensus of all telecom service providers

India at 75: Horlicks to Maggi - 15 unforgettable brands we grew up with

While some brands have braved the challenges of time, a few have become distant memories of simpler days. Some have reinvented themselves. Here's a look at 15 brands we have grown up with

Roll-out of 5G tech will map Bharti Airtel's stock trajectory: Analysts

Investors need to stay vigilant as payback from 5G is still unclear (across telcos globally), and may put pressure on tariff hikes, analysts cautioned

Reliance Jio Prepaid Plan, Independence Day Offer: Free perks worth Rs 3000

Reliance Jio announced the Independence Day Prepaid Plan at Rs 2,999 per year, with benefits worth Rs 3,000. Read this article to know what to expect and how you can avail yourself of these benefits

Reliance Industries increases related-party disclosures in FY22 report

Transaction details between RIL and its telecom, retail subsidiaries a positive: Analysts

Jio completes 5G coverage planning in top 1,000 cities: RIL annual report

In the report, RIL (Reliance Industries Limited) said that Jio took major steps during 2021-22 in getting ready for 5G with its 100 per cent indigenous technology.

5G spectrum: What is Jio's strategy as it spends Rs 40k cr on 700 MHz band?

Whether Reliance Jio can change the rules of the 5G game, just as it did with 4G services, therefore, remains the key question still

Subex zooms 44% in 2 days after pact with Reliance's arm Jio Platforms

Earlier, Subex and JPL announced partnership for AI Orchestration Platform, HyperSense, which will enable telcos to deliver on the promise of AI across data value chain.

Top Headlines: Windfall tax revision, Jio's purchase of 700 MHz, and more

The government on late Tuesday increased the windfall tax on domestically produced crude to Rs 17,750 a tonne from Rs 17,000 a tonne earlier