"I assure you that Jio will pioneer the 5G Revolution in India in the second half of 2021. It will be powered by indigenous-developed network, hardware and technology components," Ambani said
Jio has 35.1 per cent market share, followed by Airtel (28.4 per cent), and Vodafone Idea (25.7 per cent).
The next positive catalyst may be a sharp refining margin recovery, which is more of a H2CY21 story, says JP Morgan
Qualcomm and Reliance Jio had said they have aligned efforts on 5G, in order to fast-track development and rollout of indigenous network infrastructure and services in India
National security has to be of paramount importance
Ratcheting up competition, Ambani's portals are offering blockbuster discounts of as much as 50% on sugary confections and other holiday staples like spice mixes for India's rice delicacy, biryani
Executives of Jio Platforms and Reliance Jio Infocomm were asked if there is any data-sharing mechanism between the company and its investors Facebook and Google
It's the first time since 4G launch by Reliance; churn at all-time low of 1.7%
Base up by 13.9 mn to 293 mn sequentially; firm may have gained from erosion in Vodafone's subscriber numbers as it saw good growth in both 4G additions and post paid users
ADIA, PIF to invest Rs 7,558 cr for 51 per cent stake in Jio's fibre network
The fibre optic unit, which was earlier part of Reliance Industries Limited's (RIL) subsidiary Reliance Jio, has a debt of Rs 87,296 crore, which includes suppliers' credit
The company had registered a net profit of about Rs 990 crore in the corresponding period previous year.
Paytm said it wanted the government to ensure that all companies in the digital sphere offering services in India also had their servers in the country.
"The 5G ecosystem is yet to develop here and the prices are very high and we can't afford them," Vittal said during the company's post earnings call
The committee, chaired by BJP MP Meenakshi Lekhi, is examining the Personal Data Protection Bill 2019
BP Group chief executive Bernard Looney said his firm in partnership with Reliance will set up 5,500 retail sites for petrol and diesel; also offer mobility solutions like EV charging facility
ARPU expansion, market share gains expected even if there is no tariff hike
Qualcomm and Reliance Jio have announced they have aligned efforts on 5G in order to fast-track development and rollout of indigenous 5G network infrastructure and services in India. The latest progress on the 5G product portfolio neatly dovetails into Jio's overall plans to develop homegrown 5G telecom solutions, as was outlined by Reliance Industries' Chairman Mukesh Ambani at the company's annual general meeting in July this year.
From MFs, alternative investment funds likely to come under ambit of new tax norms to HUL's Q2 revenue, net profit business return normal level, here are the top headlines this morning
They have achieved over 1 Gbps speed on the Reliance Jio 5GNR solution and the Qualcomm 5G RAN Platform