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Through this agreement, Airtel will receive a consideration of <span class='webrupee'>₹</span>1,037.6 crore from Jio for the proposed transfer.(Mint)

Jio inks pact with Airtel for acquisition of some spectrum

PTI | , New Delhi
PUBLISHED ON APR 06, 2021 05:37 PM IST
Jio said with the enhanced spectrum footprint, especially contiguous spectrum, and superior infrastructure deployed, RJIL has further increased its network capacity.
Jio will also provide digital solutions, including remote management of employees, video conferencing and devices as a service, for a monthly rental of <span class='webrupee'>₹</span>5,000.(Reuters)
Jio will also provide digital solutions, including remote management of employees, video conferencing and devices as a service, for a monthly rental of 5,000.(Reuters)

Jio to offer services at lower tariffs for MSMBs; eyes 50 million MSMB customers

PTI |
PUBLISHED ON MAR 09, 2021 07:17 PM IST
The company claimed that it will offer broadband connections to the MSMB customers at one-tenth of the market rate, starting at 901 per month with 100 megabit per second upload and download speed as well as unlimited usage.
A woman checks her mobile phone as she walks past a mobile store of Reliance Industries' Jio telecoms unit, in Mumbai. (Reuters)
A woman checks her mobile phone as she walks past a mobile store of Reliance Industries' Jio telecoms unit, in Mumbai. (Reuters)

Reliance Jio plans $950 million data centre in Uttar Pradesh

By Utpal Bhaskar, Livemint, New Delhi
UPDATED ON FEB 23, 2021 10:31 AM IST
  • Reliance Jio’s data centre plan comes against the backdrop of the government projecting India’s digital economy to grow to $1 trillion by 2025.
Punjab and Haryana high court, Chandigarh.(HT archive)
Punjab and Haryana high court, Chandigarh.(HT archive)

High court issues notices to Centre, Punjab over damage to Reliance Jio’s infrastructure amid farmers’ protest

Hindustan Times, Chandigarh | By Surender Sharma
UPDATED ON JAN 05, 2021 02:18 PM IST
Reliance Jio’s petition said the company’s 1,500 telecom towers have been vandalised, crippling its mobile network in Punjab, where it has 14 million subscribers
FILE PHOTO: Mukesh Ambani, chairman of Reliance Industries Limited (RIL). REUTERS/Shailesh Andrade
FILE PHOTO: Mukesh Ambani, chairman of Reliance Industries Limited (RIL). REUTERS/Shailesh Andrade

Farm law protests: Its towers vandalised in Punjab, Reliance says will move high court today

Hindustan Times, New Delhi | By hindustantimes.com | Edited by Karan Manral
UPDATED ON JAN 04, 2021 11:35 AM IST
The Mukesh Ambani-owned Reliance Industries Limited (RIL) also accused “vested interests” of instigating the vandals.
Airtel noted that a similar allegation had been levelled by Jio in a letter to the telecom regulator earlier in December to which the company had responded.(Pradeep Gaur/Mint)
Airtel noted that a similar allegation had been levelled by Jio in a letter to the telecom regulator earlier in December to which the company had responded.(Pradeep Gaur/Mint)

Airtel writes to DoT, says Jio’s charges against it baseless, outrageous

New Delhi | By Press Trust of India | Posted by Nilavro Ghosh
PUBLISHED ON JAN 02, 2021 03:56 PM IST
The letter by Airtel to Telecom Secretary Anshu Prakash said the company is aware of a complaint made by Reliance Jio to the department dated December 28, in reference to the disruption of RJIL (Reliance Jio) services due to farmer’s protests in Punjab and Haryana.
Spectrum in the 3300-3600MHz bands, recommended by the telecom regulator for fifth-generation (5G) networks, have not been included in the proposed auction.(Priyanka Parashar/ HT File Photo)
Spectrum in the 3300-3600MHz bands, recommended by the telecom regulator for fifth-generation (5G) networks, have not been included in the proposed auction.(Priyanka Parashar/ HT File Photo)

Spectrum for 4G to be auctioned off in March

Mint, New Delhi | By Ishita Guha
UPDATED ON DEC 17, 2020 12:45 AM IST
Govt to auction Rs3.9 lakh crore worth of airwaves across seven spectrum bands
Sunil Dutt, Reliance Jio’s president for devices and mobility, said Jio is not only looking at the mobile phone segment but also working on other connected devices.(Mint)
Sunil Dutt, Reliance Jio’s president for devices and mobility, said Jio is not only looking at the mobile phone segment but also working on other connected devices.(Mint)

Reliance Jio working with Realme, others to bring down device prices

New Delhi | By Press Trust of India | Posted by Srivatsan K C
PUBLISHED ON DEC 09, 2020 09:14 PM IST
Sunil Dutt, Reliance Jio’s president for devices and mobility, said there is a need to provide affordable devices so that people still using 2G handsets can upgrade to 4G and 5G.
Ambani said India requires policy developments for early rollout of 5G services and added that Reliance Jio has built an indigenous 5G solution and will lead the rollout in India.(Reuters file photo)
Ambani said India requires policy developments for early rollout of 5G services and added that Reliance Jio has built an indigenous 5G solution and will lead the rollout in India.(Reuters file photo)

Mukesh Ambani, Sunil Mittal differ on 5G rollout timeline

Livemint, New Delhi | By Ishita Guha
UPDATED ON DEC 09, 2020 04:45 AM IST
Ambani, who controls India’s largest telecom service provider Reliance Jio Infocomm Ltd, said his company is ready to offer fifth-generation wireless service by the second half of 2021.
Last month, Jio Platforms and Qualcomm announced they have successfully tested 5G solutions, and clocked ultra high speeds of 1 gbps, in trials.(Reuters file photo)
Last month, Jio Platforms and Qualcomm announced they have successfully tested 5G solutions, and clocked ultra high speeds of 1 gbps, in trials.(Reuters file photo)

5G prospects compelling for India; adequate, affordable spectrum can spur growth: Qualcomm

New Delhi | By Press Trust of India | Posted by Deepali Sharma
PUBLISHED ON NOV 29, 2020 01:26 PM IST
Tech titan, Qualcomm, is a wireless technology innovator and fuelling the development, launch and expansion of 5G.
The person cited above told HT that while Airtel, Jio, Ola and Paytm have supported data localisation, Truecaller is the first international firm to back the move.
The person cited above told HT that while Airtel, Jio, Ola and Paytm have supported data localisation, Truecaller is the first international firm to back the move.

Favour localisation of data: Truecaller to JPC

Hindustan Times, New Delhi | By Deeksha Bhardwaj
PUBLISHED ON NOV 07, 2020 06:12 AM IST
The JPC has met several industry leaders such as Amazon, Google, Twitter, Facebook, Paytm, Reliance Jio, Ola, Uber and Bharti Airtel over last two weeks to discuss the nuances of the Data Protection Bill.
The committee’s questions come amid tensions with China at the border, that rose after the death of 20 Indian soldiers and an unidentified number of Chinese soldiers in June.(File photo for representation)
The committee’s questions come amid tensions with China at the border, that rose after the death of 20 Indian soldiers and an unidentified number of Chinese soldiers in June.(File photo for representation)

Parliamentary committee on data protection focuses on cracking down on Chinese equipment

Hindustan Times, New Delhi | By Deeksha Bhardwaj
UPDATED ON NOV 06, 2020 04:09 AM IST
The issue has been a recurring theme for the panel. Last week, Patym and Google were asked similar questions about their relationship with the neighbouring country.
Commuters are reflected on an advertisement of Reliance Industries' Jio telecoms unit, at a bus stop in Mumbai.(Reuters)
Commuters are reflected on an advertisement of Reliance Industries' Jio telecoms unit, at a bus stop in Mumbai.(Reuters)

Jio planning to sell 5G smartphones for Rs 2,500-3,000 a piece: Company official

New Delhi | By Press Trust of India | Posted by Arpan Rai
PUBLISHED ON OCT 18, 2020 08:32 PM IST
Jio was the first company that launched 4G mobile phones in India free for consumers where they were required to pay a refundable deposit of Rs 1,500 for a Jio Phone.
Commuters are reflected on an advertisement of Reliance Industries' Jio telecoms unit, at a bus stop in Mumbai.(REUTERS)
Commuters are reflected on an advertisement of Reliance Industries' Jio telecoms unit, at a bus stop in Mumbai.(REUTERS)

22 partner airlines will avail Reliance Jio’s in-flight mobile service

Mumbai | By Asian News International | Posted by: Shankhyaneel Sarkar
UPDATED ON SEP 25, 2020 08:10 PM IST
With this service, JioPostpaid Plus users will be able to stay connected with voice and data services on flights while travelling abroad, according to the statement.
Reliance’s target of selling 150 million to 200 million phones over two years would represent a massive boost for local factories(REUTERS)
Reliance’s target of selling 150 million to 200 million phones over two years would represent a massive boost for local factories(REUTERS)

A $50 phone is Mukesh Ambani’s weapon to dominate India telecom market

Mumbai | By Bloomberg| Posted by Susmita Pakrasi
UPDATED ON SEP 22, 2020 11:14 PM IST
Reliance Chairman Mukesh Ambani is aiming to remake the country’s smartphone industry much like he did in wireless services, where his aggressive prices and simple plans quickly made him the dominant force.
Mint had reported on 5 September that Reliance Industries had offered investors in Jio Platforms the option to also invest in its retail unit.(Reuters)
Mint had reported on 5 September that Reliance Industries had offered investors in Jio Platforms the option to also invest in its retail unit.(Reuters)

After Jio, foreign investors pile into RIL’s retail arm

Livemint, Mumbai | By Kalpana Pathak & Swaraj Singh Dhanjal
UPDATED ON SEP 10, 2020 05:35 AM IST
California-based private equity fund Silver Lake, an investor in Reliance Industries Ltd’s Jio Platforms unit, picked up 1.75% stake in Reliance Retail Ventures for 7,500 crore, valuing the company at Rs 4.21 trillion or $57 billion.
The lockdowns led to an exodus of workers from urban to rural India following job losses, resulting in a fall in the 2G subscriber base.(Mint)
The lockdowns led to an exodus of workers from urban to rural India following job losses, resulting in a fall in the 2G subscriber base.(Mint)

Telcos to gain as 2G user base shrinks, pin tariff hopes on 4G

Livemint, New Delhi | By Ishita Guha and Romita Majumdar
UPDATED ON AUG 28, 2020 06:03 AM IST
Limited access to recharge centres also led to 2G service disruptions, as 4G customers prefer digital modes for recharge.
Reliance Jio has agreed to set up a cable landing station at Digha. They would invest more than Rs 1,000 crore. (HT Photo)
Reliance Jio has agreed to set up a cable landing station at Digha. They would invest more than Rs 1,000 crore. (HT Photo)

Mukesh Ambani’s Reliance Jio gets nod for sub-sea cable gateway in Bengal

Hindustan Times, Kolkata | By HT Correspondent
UPDATED ON AUG 26, 2020 08:15 PM IST
Top government officials present in the meeting said that the landing station is expected to transform West Bengal into a major IT and ITES hub, draw huge investments and generate employment.
Customers buying Reliance Jio sims at a Reliance Digital centre in Mumbai.(Aniruddha Chowdhury/Mint File Photo)
Customers buying Reliance Jio sims at a Reliance Digital centre in Mumbai.(Aniruddha Chowdhury/Mint File Photo)

Extra fee to be levied only for shared spectrum: Trai

Mint, New Delhi | By Ishita Guha
UPDATED ON AUG 18, 2020 07:10 AM IST
Trai also suggested that two telecom operators in a spectrum-sharing agreement should have the flexibility to exit the clause, which should be mentioned in spectrum sharing guidelines.
Mobile sim card packets for Jio Platforms Ltd., the mobile network of Reliance Industries Ltd., are displayed at a store in Mumbai.(Bloomberg File Photo)
Mobile sim card packets for Jio Platforms Ltd., the mobile network of Reliance Industries Ltd., are displayed at a store in Mumbai.(Bloomberg File Photo)

Clarify stand on Jio’s liabilities: Supreme Court

Mint, New Delhi | By Ishita Guha and Japnam Bindra
UPDATED ON AUG 18, 2020 06:29 AM IST
Reliance Jio, in a written submission on Monday, told the Supreme Court that there is no legal basis for transferring bankrupt RCom’s dues, AGR or otherwise, to Jio as the two telecom operators are in a spectrum-sharing agreement and do not share liabilities.
KV Vishwanathan, counsel for Jio, told the Supreme Court on Friday that the company is paying SUC to the government.(Reuters File Photo)
KV Vishwanathan, counsel for Jio, told the Supreme Court on Friday that the company is paying SUC to the government.(Reuters File Photo)

Jio to contest RCom’s liabilities in Supreme Court

Mint, New Delhi | By Ishita Guha
UPDATED ON AUG 17, 2020 05:25 AM IST
Mukesh Ambani-controlled Jio has been using RCom’s 800 megahertz spectrum under an asset-sharing agreement since 2016 when Jio launched its operations.
Rohit Sharma of the Mumbai Indians and MS Dhoni of the Chennai Super Kings are seen at the coin toss during the Indian Premier League Final match at Rajiv Gandhi International Cricket Stadium on May 12, 2019 in Hyderabad.(Getty Images)
Rohit Sharma of the Mumbai Indians and MS Dhoni of the Chennai Super Kings are seen at the coin toss during the Indian Premier League Final match at Rajiv Gandhi International Cricket Stadium on May 12, 2019 in Hyderabad.(Getty Images)

Five companies keen on IPL title sponsorship

Mumbai | By Rasesh Mandani
UPDATED ON AUG 15, 2020 08:44 AM IST
It is learnt Tata group, Reliance Jio, Patanjali, and edu tech platforms Byjus and Unacademy have met Friday’s deadline for submitting Expression Of Interest (EOI).
While Reliance Jio is owned by Mukesh Ambani, RCom is led by his younger brother Anil Ambani.(Burhaan Kinu/HT PHOTO)
While Reliance Jio is owned by Mukesh Ambani, RCom is led by his younger brother Anil Ambani.(Burhaan Kinu/HT PHOTO)

SC seeks details of spectrum users of insolvent firms

Hindustan Times, New Delhi | By Ishita Guha & Prathma Sharma
PUBLISHED ON AUG 15, 2020 02:44 AM IST
A bench headed by Justice Arun Mishra asked Shyam Divan, counsel representing the resolution professional of RCom, that if Reliance Jio has been using the spectrum with RCom and whether Jio can pay the adjusted gross revenue (AGR)-related dues of RCom.
On the NSE, it settled the day 6.66 per cent higher at Rs 8.80. During the morning trade, it had cracked 7.87 per cent to Rs 7.60.(REUTERS)
On the NSE, it settled the day 6.66 per cent higher at Rs 8.80. During the morning trade, it had cracked 7.87 per cent to Rs 7.60.(REUTERS)

Vodafone Idea bounces back; shares close 7% higher after initial loss

New Delhi | By Press Trust of India| Posted by Susmita Pakrasi
PUBLISHED ON AUG 07, 2020 06:15 PM IST
On the BSE, the stock had plunged 7.39 per cent to Rs 7.64 in early trade. Later, it erased the losses as the trade progressed. It finally closed at Rs 8.83, a gain of 7.03 per cent.
Citigroup Global Markets, Moelis and Co. and ICICI Securities Ltd have been hired by Reliance as investment bankers for the proposed deal with Qatar Investment Authority.(Reuters)
Citigroup Global Markets, Moelis and Co. and ICICI Securities Ltd have been hired by Reliance as investment bankers for the proposed deal with Qatar Investment Authority.(Reuters)

Doha-based QIA eyes $1.5 billion stake in Reliance Jio Fiber

Livemint, Mumbai | By Anirudh Laskar
UPDATED ON JUL 29, 2020 04:25 AM IST
Reliance looks to monetise fibre assets after stake sales in Jio Platforms
Google will pick up 7.73% stake in RIL’s technology venture Jio Platforms for Rs 33,737 crore.(Bloomberg File Photo)
Google will pick up 7.73% stake in RIL’s technology venture Jio Platforms for Rs 33,737 crore.(Bloomberg File Photo)

Google to approach CCI for approval on Rs 33,737 crore deal with Jio Platforms

New Delhi | By Press Trust of India | Posted by Kanishka Sarkar
UPDATED ON JUL 23, 2020 02:14 AM IST
Google and Jio are partnering to build an operating system that could power affordable 4G and 5G smartphones.
Last week, Reliance Industries Limited Chairman Mukesh Ambani announced that Reliance Jio has designed and developed a complete 5G solution from scratch and the same will be ready for trials as soon as 5G spectrum is available.(Bloomberg)
Last week, Reliance Industries Limited Chairman Mukesh Ambani announced that Reliance Jio has designed and developed a complete 5G solution from scratch and the same will be ready for trials as soon as 5G spectrum is available.(Bloomberg)

US lists Reliance Jio among ‘Clean Telcos’, says they are rejecting business with Chinese companies like Huawei

Washington, United States | By HT Correspondent
PUBLISHED ON JUL 21, 2020 09:52 AM IST
According to US State Department, Clean Network is a comprehensive effort by a coalition of like-minded countries and companies to secure their critical telecommunications, cloud, mobile apps, and 5G technologies from “malign actors” by relying on only trusted vendors.
Vodafone Idea had approached the tribunal after the telecom regulator put on hold its plan offering better quality services for customers in higher tariff brackets.(Mint Archive)
Vodafone Idea had approached the tribunal after the telecom regulator put on hold its plan offering better quality services for customers in higher tariff brackets.(Mint Archive)

TDSAT grants interim relief to Vodafone Idea

Livemint, New Delhi | By Ishita Guha
UPDATED ON JUL 18, 2020 06:30 AM IST
The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) allowed the Telecom Regulatory Authority of India to continue investigating if the telco violated service norms, observing it is not necessary to put the plan on hold while the probe was on.
Facebook picked 9.99 per cent stake in Jio Platforms at an enterprise value of Rs 4.62 lakh crore.(Reuters File Photo)
Facebook picked 9.99 per cent stake in Jio Platforms at an enterprise value of Rs 4.62 lakh crore.(Reuters File Photo)

Jio Platform gets Rs 43,574 crore from Facebook for 9.99% stake sale

New Delhi | By Press Trust of India | Posted by Kanishka Sarkar
UPDATED ON JUL 08, 2020 12:00 PM IST
Facebook was the first of 12 marquee investors that have cumulatively invested over Rs 1.17 lakh crore in about the last two-and-a-half months to buy 25.09 per cent stake in Jio Platforms.
The deal values Jio Platforms at an equity value of ₹4.91 lakh crore and an enterprise value of ₹5.16 lakh crore, RIL said in a statement on Friday.(Reuters file photo)
The deal values Jio Platforms at an equity value of ₹4.91 lakh crore and an enterprise value of ₹5.16 lakh crore, RIL said in a statement on Friday.(Reuters file photo)

Intel to invest $253.4mn in Reliance Jio for 0.39% stake

Livemint, Mumbai | By Kalpana Pathak
PUBLISHED ON JUL 04, 2020 08:11 AM IST
“Intel Capital has an outstanding record of being a valuable partner for leading technology companies globally. We are, therefore, excited to work together with Intel to advance India’s capabilities in cutting-edge technologies that will empower all sectors of our economy,” said Mukesh Ambani, chairman and managing director, Reliance Industries Ltd.
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