Reliance Jio Infocomm (RJIL), the child company of Reliance Industries, has signed a JPY 53.5 Billion ($500 Million) Samurai Term Loan with seven-year bullet maturity (the “Facility”). The Facility is guaranteed by Reliance Industries Limited and will be used for funding RJIL’s ongoing capital expenditure. This deal represents the largest … Read More
After launching their own 4G feature phone (JioPhone), Reliance Jio’s next big move to increase its average revenue per user seems to be a laptop with a SIM card. The Mukesh Ambani led telecom major is in talks with US-based chipmaker Qualcomm to bring out laptops running Windows 10 with … Read More
Google, earlier today launched its smart speakers- the Google Home and the Google Home Mini. To make the speakers more attractive, Google has partnered with telecom operator Reliance Jio and Internet Service Provider ACT Fibernet. As part of the partnership, ACT Fibernet will offer bundled special plans for its customers, … Read More
After Bharti Airtel, Reliance Jio has now said that it will deploy 4G advanced Massive MIMO technology in Delhi and Mumbai stadiums to deliver faster 4G speeds for the users watching the matches live from the venue. Massive MIMO technology will provide more than five times the capacity in a … Read More
Reliance Communications (RCom), headed by Anil Ambani, yesterday received good news as the Supreme Court has vacated the stay on the sale of spectrum to the Mukesh Ambani-led Reliance Jio. As part of the massive asset monetisation, Reliance Jio to acquire assets of RCom under four categories- Towers, Optic Fiber … Read More
Catching up on the growing fintech and payments scene, Reliance Jio has also confirmed their plans to start ‘Jio Payments Bank’ last year. And the Reserve Bank of India (RBI), on Tuesday, officially announced that Jio Payments Bank had commenced operations starting April 3, 2018. The Reserve Bank of India … Read More
Bharti Airtel and Reliance Jio being the top telecom operators in the country are now preparing for the upcoming telecom war that seems to be heating up in the country. According to Bloomberg’s report Mukesh Ambani and Sunil Bharti Mittal might raise as much as 365 Billion Rupees ($5.6 billion) … Read More
Well, Reliance Jio has just announced that its subscriber base has crossed 175 million and to celebrate that, the company has announced massive thing for its existing subscribers. Reliance Jio, as expected has announced the free renewal of JioPrime membership for existing JioPrime subscribers for another 12 months. For the … Read More
In the telecom feud against each other, charged by competitive pricing from the telecom operators the users have found themselves lost between a plethora of data plans to choose from. In a recent development of events, after Airtel started making headlines with their attractive tariff plans, Vodafone decided to triple … Read More
The Telecom Regulatory Authority of India (Trai) now released its report on Independent Drive Tests conducted in four cities- Indore, Bhubaneswar, Nagpur and Mysore. Trai conducted these tests between October 9, 2017, to December 30, 2017. And guess what, Bharti Airtel has achieved an average 4G download speed of 8.125 … Read More
Reliance Industries, the parent company of Reliance Jio today announced a strategic transaction with popular music streaming service Saavn. Under the agreements made, the digital music service of the company, JioMusic will be combined with that of Saavn. And the combined entity is valued at over USD 1 Billion, with … Read More
Reliance Jio continues its authority in the new subscriber addition every month. As per the data released by Telecom Regulatory Authority of India (Trai) for the month of January 2018, the Mukesh Ambani-led telco has added a whopping 8.3 million new subscribers, taking its overall subscriber base to 168.413628 million. … Read More
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