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.
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They have achieved over 1 Gbps speed on the Reliance Jio 5GNR solution and the Qualcomm 5G RAN Platform
The company will target 200-300 million mobile phone users who use 2G connection at present
Reliance Jio gained 2.5 million active subscribers in July, reversing the decline seen in the previous month
Overall, private equity and venture capital firms' investments in Indian companies during the first nine months of 2020 declined 21% by value on a year-on-year basis
From theatres gearing to open from October 15 to the government allowing states to borrow Rs 69,000 crore in GST shortfall, here are top headlines this morning
Vodafone recorded the highest speed in terms of upload in September, according to the latest data from the telecom regulator
Reliance Jio continues to remain the fastest mobile network with an average download speed of 19.3 mbps, while Vodafone recorded the highest speed in terms of upload in September
From govt announcing new scheme to boost consumer spending to telcos war over subscriber base, here are top headlines this morning
Jio had over 87 million users who were inactive customers in June. That means only 78.15 per cent of its total subscriber base was active
Bharti Airtel added a net 3.26 million wireless subscribers during the month.