Reliance Jio Infocomm News
The transaction entailed 248 nodes covering close to 5 million sq. Ft. Of area, used for hosting the telecom infrastructure, all of which now stands transferred to Jio, RCom said in a statement.
Reliance Jio Infocomm has warned public about applications using the JioCoin name, that are soliciting investments in crypto currencies from people.
Mukesh Ambani’s elder son Akash Ambani will reportedly lead the JioCoin project.
The average 4G download speed on Jio network was 18.65 mbps.
India`s Reliance Jio Infocomm Ltd, which is looking into reports of a major leak of user data, has filed a police complaint alleging "unlawful access to its systems," a police officer involved in the investigation said on Wednesday.
Reliance Jio Infocomm, on Thursday announced the launch of the Asia-Africa-Europe (AAE-1) submarine cable system, a company statement said here.
The government will look into the proposal of the Indian telecom regulator on penalising three companies for not providing adequate points of interconnections (PoI) to industry newcomer Reliance Jio and will take a decision at the proper time.
Billionaire Mukesh Ambani-led Reliance Jio on Monday reported widening of its net loss to Rs 22.50 crore in the six months to March, a period when the company virtually had no revenue and ran two back-to-back promotional offers.
Reliance Jio allegedly understated its revenues by over Rs 63 crore for three financial years as it did not include forex gains, resulting in "short payment" of licence fee, a draft audit report has said.
As investors welcomed plans by the Jio's telecom unit to begin charging for its services at discounted rates, Shares of Reliance Industries Ltd rose as much as 7.7 percent to a more than seven-and-a-half-year high.
In order to improve its signal strength, Reliance Industries is planning to invest a sum of Rs. 30,000 crore into Reliance Jio Infocomm.
With the Reliance Jio Infocomm (Jio) giving free 4G SIM cards and launching affordable 4G-enabled smartphones to connect the next billion, India is set to lead the 4G revolution, the International Data Corporation (IDC) said on Wednesday.
Leading operators, including Reliance Jio, Vodafone, Idea Cellular and Bharti Airtel, are in the fray for frequencies that are crucial for next-generation telecom services.
India`s biggest auction of telecom spectrum kicks off on Saturday with seven operators in fray for a total of 2,354.55 MHz across seven bands, towards which a reserve price of Rs 5.66 lakh crore ($85 billion) has been fixed by the government.
Seven telecom service providers have qualified to bid for the upcoming biggest-ever airwaves auction starting from October 1, according to official data released here by the Department of Telecommunications.
Telecom operator Reliance Jio Infocomm will raise Rs 15,000 crore through optionally convertible debt instrument.
In order to prepare for the launch of its 4G services in the coming months, Reliance Jio Infocomm is setting up 500,000 activation outlets and close to a million recharge outlets.
Speculations are rife that the data tarrif will be priced 25 percent less than current plans in the market
Customers of Reliance Communications` high-speed data services will be able to use Reliance Jio Infocomm`s 4G network from next week, sources said.
In what could bring respite to Reliance Jio Infocomm, Mukul Rohatgi has said that spectrum usage charge for should not be increased.
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