End of Huawei’s 5G Journey in India? Reliance Jio Launch Made in India 5G solution
At Reliance 43rd AGM, Mukesh Ambani said Jio has designed and developed a complete 5G solution from scratch and it will be available next year.
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Silver Lake & Co acquire additional 0.9% Stake in Reliance Jio
Equity fund Silver Lake & Co invest additional $601.40 million Reliance Jio.
Abu Dhabi based Mubadala acquire 1.85% stake in Reliance Jio
Reliance Jio raises $1.2 billion from Abu Dhabi state fund Mubadala Investment Co for 1.85% stake.
Reliance Jio 5th deal, sells 2.32 pc for $1.5 billion to KKR
Private equity giant KKR will invest $1.5 billion for a 2.32 percent stake in the Reliance Jio.
Reliance Jio total funding: Facebook, Silver Lake, Vista Equity Partners & General Atlantic Invests $8.8 billion
The US-based private firms invest $8.8 billion in Reliance Jio for 15% Stake, sets an enterprise value of $68 billion.
US Firm Silver Lake Acquire 1 Percent Stake in Reliance Jio
Silver Lake acquire 1.15 percent stake in India’s leading telecom arm Jio for $750 Million.
Facebook buys Reliance Jio 9.9% Stake for $5.7 billion
Social media giant Facebook acquires 9.9% stake in Reliance Jio USD 5.7 billion.
Reliance Jio Net Profit Surges 62.5%
Telecom operator Reliance Jio posted a 62.5 percent jump in October-December quarter.
230 Crore Deal: Reliance Jio Acquires Haptik
Reliance Jio acquires Haptik
Reliance Jio in Talks with US Company Flex for Smartphone Production
One of the largest Indian conglomerate Reliance Jio Infocomm is in talks with US contract manufacturer Flex for locally producing about 100 million mobile phone handsets as the Mukesh Ambani-owned telco seeks to rapidly enhance its market share by signing on the majority of those users now using feature phones. “Jio is in advanced discussions for a large order and that […]
Reliance Jio Appoints Shyam Mardikar as Group CTO of Mobile Networks
Reliance Jio Infocomm has appointed Shyam Prabhakar Mardikar on the position of group chief technology officer of mobility. He will be responsible for looking after the deployment of the company’s 4G networks in the country. This appointment has come after the exit of Jagbir Singh, who had joined the company before the soft launch of 4G […]
Reliance Jio and Cisco Systems are Likely to Extent their Partnership
Reliance Jio Infocomm and Cisco Systems that is based in the US are looking to extend their partnership to tap the Rs 50,000-crore strong enterprise market. This is expected to be done with a services portfolio which the Mukesh Ambani-owned telecom firm is planning to launch commercially soon. It was in 2012 that both these […]