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Reliance Jio Infocomm News

Reliance Communications

23 Aug 2018

RCom concludes sale of 'media nodes' to Reliance Jio for Rs 2,000 crore

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.

31 Jan 2018

Reliance Jio raises red flag against fake JioCoin apps

Reliance Jio Infocomm has warned public about applications using the JioCoin name, that are soliciting investments in crypto currencies from people.

12 Jan 2018

Reliance Jio to develop its own cryptocurrency JioCoin: Report

Mukesh Ambani’s elder son Akash Ambani will reportedly lead the JioCoin project.

Reliance Jio Infocomm

05 Sep 2017

Jio 4G speed slows down in July, but still beats rivals: Trai

The average 4G download speed on Jio network was 18.65 mbps.

12 Jul 2017

Reliance Jio acknowledges data breach, files police complaint over unlawful system access

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.

29 Jun 2017

Reliance Jio launches new submarine cable system

Reliance Jio Infocomm, on Thursday announced the launch of the Asia-Africa-Europe (AAE-1) submarine cable system, a company statement said here.

India telecom regulator

25 May 2017

Government will look into telecom regulator's proposal to penalise 3 companies: Minister

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.

24 Apr 2017

Reliance Jio net loss jumps to Rs 22.5 crore in October-March

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.

08 Mar 2017

Reliance Jio understated revenues, forex gains not included: Draft audit

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.

Reliance Industries

22 Feb 2017

RIL shares surge to 8-year high on plans for Jio

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.

Reliance Jio Infocomm

15 Jan 2017

RIL plans to invest another Rs 30,000 crore in Jio Infocomm to improve signal strength

In order to improve its signal strength, Reliance Industries is planning to invest a sum of Rs. 30,000 crore into Reliance Jio Infocomm.

Reliance Jio Infocomm

30 Nov 2016

Reliance Jio to lead 4G revolution in key markets like India

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.

telecom spectrum

01 Oct 2016

India's biggest auction of telecom spectrum worth Rs 5.63 lakh crore starts

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.

telecom spectrum

30 Sep 2016

India's biggest auction of telecom spectrum to start tomorrow

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.

24 Sep 2016

Seven companies qualify to bid in upcoming telecom spectrum auction

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.

13 Sep 2016

Reliance Jio to raise Rs 15,000 crore via rights issue

Telecom operator Reliance Jio Infocomm will raise Rs 15,000 crore through optionally convertible debt instrument.

04 Aug 2016

Reliance Jio to have 1 million recharge outlets to prepare for 4G launch

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.

Reliance Jio Infocomm

14 Jul 2016

Confirmed! Reliance Jio 4G commercial launch on August 15; 1GB data, free calls at just Rs 80

Speculations are rife that the data tarrif will be priced 25 percent less than current plans in the market

Reliance Communications

23 Jun 2016

Reliance Communications to use Jio's network from next week

Customers of Reliance Communications` high-speed data services will be able to use Reliance Jio Infocomm`s 4G network from next week, sources said.

Reliance Jio Infocomm

02 Jun 2016

Relief for Reliance Jio: AG says, don’t hike spectrum usage fee

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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