The smartphone that has been jointly developed by Jio and tech titan Google.
Jio is part of tycoon billionaire Mukesh Ambani's oil-to-retail conglomerate Reliance Industries.
In their base case scenario, Jefferies maintains a price target of Rs 2,540 on RIL stock - an upside of around 15 per cent from the current levels
Based on open radio access network (ORAN) technology, the plan is to roll out the solution initially for India and subsequently for exports
While Tata has an upper hand like in-house products and brands, RIL has the backing of global biggies like Google, Facebook and Microsoft, says head of a rating firm
According to the latest data by TRAI, Bharti Airtel added 4 million subscribers to its network, followed by Vodafone Idea with 1.1 million users and Bharat Sanchar Nigam Ltd with 194,310.
Reliance Jio continues to maintain leadership in 4G segment with 20.7 megabit per second average download speed, while Vodafone Idea topped the chart in upload segment with 6.7 mbps data speed in May
The co-branded phone is set for its unveiling at the Indian conglomerate's June 24 shareholder meeting.
Tests in other cities will commence soon and will need to be completed in six months
Reliance Jio will start Jiofiber post-paid broadband service from June 17 without charging installation fee on new connections, according to a company source.
The new plans listed on the website start from Rs 127 for 15 days validity, offering 12 GB of uncapped daily data over the plan period.
A clutch of domestic companies is developing equipment and software solutions for this upcoming next-gen telecom technology
In a bid to enhance subscriber experience in Odisha, Reliance Jio, has successfully completed deployment of additional 20 MHz spectrum acquired in the recent spectrum auctions.
The stock was up 2.2 per cent at Rs 2,250 on the BSE in intra-day trade on Thursday, trading close to its record high level of Rs 2,368.80 touched on September 16, 2020
Jio is accelerating the rollout of digital platforms and indigenously-developed next-generation 5G stack, Reliance Industries' annual report has said
Mukesh Ambani says RIL now has strong balance sheet with High liquidity to support growth plans of Jio, retail and oil-to-chemical businesses
Shares of Reliance Industries are up more than 9 per cent over two days to Rs 2,160.45
The trials will be conducted at various locations including Delhi, Mumbai, Kolkata, Bengaluru, Gujarat, Hyderabad, among others, according to industry sources
Google CEO Sundar Pichai on Thursday said the company continues to engage closely with partner Jio on the initiative of building an affordable smartphone and that work is underway on the project
The big two telecom players have reorganised their digital businesses in readiness to monetise them.