The launch of cheaper postpaid plans with unlimited 5G by Reliance’s Jio has put rival Bharti Airtel on the back foot in the Indian market and may delay recovery in its key profit metric, JP Morgan analysts said on Thursday. Jio, the telecoms unit of Indian conglomerate Reliance Industries, launched new postpaid plans last week, […]
Reliance Jio
Jio Platforms, owned by Indian conglomerate Reliance Industries Ltd, will buy communications equipment maker Mimosa Networks for $60 million to bolster its expanding 5G and broadband services, the companies said on Thursday. The deal is between Radisys Corp, a unit of Jio Platforms, and US-based Airspan Networks Holdings, which owns Mimosa. Mimosa has a portfolio […]
Reliance Industries Ltd’s Jio will begin rolling out 5G services for its subscribers in the next two months, India’s top telecom company said on Monday. The company has committed 2 trillion rupees ($25 billion) to roll out the 5G services, Chairman Mukesh Ambani said at the company’s annual general meeting. The company will start rolling […]
Since the introduction of first-generation mobile services, which could only carry voice calls, mobile networks have significantly developed. The fourth generation of mobile networks is capable of handling faster data rates. However, a newer generation of mobile networks is required due to the shifting connectivity requirements, increasing mobile data traffic, and a new class of […]
Reliance Industries’ Jio emerged as the biggest spender in India’s $19 billion 5G spectrum auction, with the top telco player winning airwaves worth $11 billion as the world’s no.2 mobile market gears up for the high-speed wireless network. India’s government aims to begin the rollout of 5G – which it says can provide data speeds […]
The Indian telecom market is one of the most promising around the world. The number of mobile subscribers exceeds 1.1 billion according to the latest statistics provided by the Telecommunications regulatory authority of India (TRAI). A large number of mobile network operators (MNOs) and mobile virtual network operators (MVNOs) are competing in India. The Indian […]
Indian refining giant Reliance Industries has acquired the assets of battery maker Lithium Werks for $61 million, its second such deal in less than three months, as it makes a bigger push towards clean energy and transport. Reliance’s investment in Lithium Werks, which manufactures lithium iron phosphate batteries that are mainly used in electric vehicles […]
Indian conglomerate Reliance Industries said on Thursday it would invest 16.7 billion rupees ($220.70 million) to create a joint venture (JV) with U.S.-listed Sanmina Corp for making electronic products in the Asian country. The JV aims to make hardware for 5G communications, cloud infrastructure, healthcare systems, clean technology, and defense and aerospace, Reliance said in […]
The Telecom Regulatory Authority of India (TRAI) revealed that the country’s telecommunications subscriber base grew marginally to 1.19 billion by the end of November 2021. Reliance Jio also overthrew BSNL as the top provider of fixed broadband services and is leading the segment with 4.34 million customers, dominated by public telecommunications since its inception 20 […]
India’s Reliance Industries, Softbank Group-backed Ola Electric and automaker Mahindra & Mahindra have submitted bids under the country’s $2.4 billion battery scheme, the government said on Saturday. India last year finalised https://bit.ly/3fmg3p5 an incentive program to encourage companies to invest in the local manufacturing of batteries as it looks to establish a domestic supply chain […]