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Reliance Jio Appoints Shyam Mardikar as Group CTO of Mobile Networks

24Sep By Gauri SinghNo Comments

News

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 services. He left the company in June this year. Prior to this, Mardikar served Bharti Airtel as its chief technology officer for mobile networks for two years. He was associated with the company since August 2012. Shyam Prabhakar Mardikar on his new appointment will report to Mathew Oommen, who is the president of Mukesh Ambani-owned Jio in Mumbai. Jio is aggressively expanding its 4G LTE network for coverage and capacity in India. It is deepen...

Reliance Jio and Cisco Systems are Likely to Extent their Partnership

10Sep By Gauri SinghNo Comments

BUSINESS

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 companies entered into a strategic partnership across multiple technology areas including deployment of voice over long-term evolution (VoLTE) -- a fourth-generation (4G) technology-based networks -- for its consumer business. “As they (Jio) make enterprise move, Cisco would start working with them closely for the intuitive network, collaboration, cloud and security,” stated an industry source. According to the statements, Reliance Jio would be using the company’s ...

RCom Completes Sale of Fibre Assets worth Rs 30 billion to Reliance Jio

28Aug By Gauri SinghNo Comments

BUSINESS

RCom Completes Sale of Fibre Assets worth Rs 30 billion to Reliance Jio

Anil Ambani’s Reliance Communications (RCom) announced that the company has completed the anticipated sale of its fibre assets and related infrastructure assets. The assets were sold worth Rs 30 billion to Mukesh Ambani-backed Reliance Jio Infocomm (RJIO). "With successful completion of the fibre monetisation transaction, 1,78,000 kilometers fibre stand transferred to RJIO," Reliance Communications said. This particular decision marks the wrapping-up of yet another portion of a larger deal between RCom and Reliance Jio in December last year. The deal announced in December 2017, packed in 122.4 MHz of 4G spectrum in the 800/900/1800/2100 MHz bands, over 43,000 towers, 1,78,000 kilometres of fibre and 248 media convergence nodes. Along with this, it was last week that Reliance Commu...

Reliance Jio to Build Rs 1,000 Crore Data Centre in West Bengal

14Aug By Gauri SinghNo Comments

BUSINESS

Reliance Jio to Build Rs 1,000 Crore Data Centre in West Bengal

Indian mobile network operator Reliance Jio Infocomm will be investing Rs 1,000 crore in a state-of-the-art greenfield data centre in Kolkata where a 100-acre IT hub will be launched. This will be the biggest tech hub in the state as stated by Mamata Banerjee, the chief minister of West Bengal. She mentioned about this matter while speaking at the foundation stone-laying ceremony of the upcoming Bengal Silicon Valley technology hub. According to the sources, Reliance Jio has already put in the application to the state government regarding 40 acres of prime land on long-term lease. This has been done for setting up the proposed data centre at the upcoming tech hub in the city’s eastern fringes. Tarun Jhunjhunwala, Jio’s eastern India head said, “The data centre project is a reaffirmatio...

BSNL Launches Prepaid Plan of Rs 75 To Knock Down Reliance Jio

30Jul By AnkitaNo Comments

INDIA

BSNL Launches Prepaid Plan of Rs 75 To Knock Down Reliance Jio

As all the operators are bringing down their tariffs and offering discounts which makes it a win-win situation for the customers. Taking the game one step ahead and In order to compete with rival Reliance Jio, the state-owned telecom operator Bharat Sanchar Nigam Limited (BSNL) has launched its 'Jeevitha Prepaid Plan' in Andhra Pradesh and Telangana telecom circle at a price of Rs 75. There is no official word as to whether the data plan will be available in other telecom circles in the country or not. The BSNL Rs 75 'Jeevitha Prepaid Plan' offers 10GB 3G mobile data along with unlimited local and STD voice calls. The plans also offer 500 free SMS. However, the free calls offer is not valid for calls to Mumbai and Delhi telecom circles. The plan comes with 15 days validity. According t...

CTO of Bharti Airtel And Reliance Jio Quit

23Jul By AnkitaNo Comments

News

CTO of Bharti Airtel And Reliance Jio Quit

Chief expertise officers of telecom operators Reliance Jio and Bharti Airtel have resigned from their respective firms. Reliance Jio Infocomm Limited is the most well-known Indian mobile network operator, owned by Reliance Industries and headquartered in Mumbai, Maharashtra. It operates a national LTE network with coverage across 22 telecom circles. It does not offer 2G or 3G service and instead utilizes voice over LTE to provide voice service on its network. Recently, the Chief Technology Officer of the Reliance jio group, Jagbir Singh, had joined the company before the soft launch of 4G services. Antecedent to this assignment, Jagbir Singh was working with the one of the familiar company known as Samsung. Previously he had also worked with Airtel for a period of ten years. Acco...

5Jul By NitishNo Comments

News

News of the Day: Reliance Becomes India’s Largest Tax-Paying Private Company

Mukesh Ambani, the Chairman of Reliance Industries said that Reliance has become first Indian private sector company paying 9,844 crore tax and 26,312 crore of customs and excise duty(6.4% of India's total collection). While addressing the crowd and media at the Reliance Industries' 41st Annual General Meeting Mukesh Ambani said, "the RIL posted a net profit of 36,075 crores, up by 20.6% compared to Rs 8,046 crore for the corresponding quarter of fiscal 2016-17." The company's consolidated revenue stood at Rs 1,29,120 crore, up 39 percent during Q4 FY 18, compared to the Rs 92,889 crore in the previous quarter. This is How Mukesh Ambani's Reliance Jio Will Make Money | Pixr8 Reliance has also paid 42,553 crore GST in one year. ...

This is How Reliance Jio Catches and Retains Customers

23Jun By Lavina TolaniNo Comments

Story

This is How Reliance Jio Catches and Retains Customers

Its just been 19 months since Mukesh Ambani led Reliance Jio ventured into the telecom market and bought a new kind of data revolution in the country. Reliance Jio is today India's third largest telecom operator which has widened its revenue market share by 20 percent and has a subscriber share of 15.8 percent. Providing first of its kind "cheap data offers", Jio has not only disrupted the market but has also changed the rules of the game. What is the reason that customers are still flocking to Jio? Broadly speaking, Jio has reinvented mobile phones as a source of mass entertainment. Nearly half of the Jio customers today, use mobile phones primarily to watch television. As per a recent report from Bank of America Merrill Lynch survey cited in Bloomberg, The telecom aggregation...

Bharti Airtel, Reliance Jio or Vodafone: Who will win the Telecom Battle over FIFA World Cup?

14Jun By Lavina TolaniNo Comments

BUSINESS

Bharti Airtel, Reliance Jio or Vodafone: Who will win the Telecom Battle over FIFA World Cup?

While the most awaited sporting event in the world, FIFA World Cup is going live today, it has sparked a new telecom battle for mobile operators Bharti Airtel, Reliance Jio Infocomm and Vodafone India trying to outdo each other to get a share of more than 100 million viewers. Airtel subscribers can view the live broadcast of the month-long tournament in various local languages besides English and Hindi on Airtel TV. Additionally, to beat the Reliance Jio game, Aitel is even providing a sneak peek into exclusive behind-the-scenes match snippets along with match previews/reviews. Meanwhile, Mukesh Ambani led Jio is providing coverage to football matches live on Jio TV at no additional subscription charges. The telecom is also broadcasting India-Afghanistan test match starting on Thursd...

Reliance Jio’s Growth May Trouble Its Competitors

8Jun By Gauri SinghNo Comments

News

Reliance Jio’s Growth May Trouble Its Competitors

Mukesh Ambani-owned Reliance Jio Infocomm has reported a considerable growth in profits in the March-ended financial year. Reliance Jio saw a net profit of Rs 510 crore in the quarter ended March compared with Rs 504 crore in the previous three months. Jio’s operating revenue increased 3.6 percent reaching to Rs 7,128 crore. The older telecom operators in India like Bharti Airtel and Vodafone India have been growing from the very beginning but since Jio has entered the league, they have been facing a tougher competition. “When the dust settles down and subscribers from beleaguered smaller players have been mopped by the Big Three (Vodafone-Idea combine, Airtel and Jio), the tussle for supremacy will resume,” said Sandip Das, senior advisor at telecom consulting firm Analysys Mason. “Wi...

Jio To Offer Cheap Broadband, Calls, Videos under Rs. 1,000/month

30May By Lavina TolaniNo Comments

News

Jio To Offer Cheap Broadband, Calls, Videos under Rs. 1,000/month

After shaking the telecom market with a new kind of data revolution in the country, Reliance Jio has once again created a buzz as it is about to offer internet, videos and voice call for less than Rs 1000 a month. Such a disruptive offering will not only amp up competition in the telecom sector but surely give an edge to Jio over rival broadband and DTH players. Considering a move targeted on bundled tariffs, a report published on a popular daily has said that the internet telco is venturing into wider internet segment by the end of this year. This will also bring Jio's fibre-to-the-home (services) under unlimited calling through a VoIP (Voice over Internet Protocol) phone as well as JioTV. Reliance Jio presently offers free broadband within unlimited internet at 100 Mbps against ...

Reliance Industries Unit Invests Rs 10 Cr in Digital Healthcare Startup

24May By Lavina TolaniNo Comments

FUNDING

Reliance Industries Unit Invests Rs 10 Cr in Digital Healthcare Startup

Mukesh Ambani led firm Reliance Industries Ltd. (RIL) has invested a mammoth amount of Rs. 10 crores in an early stage healthcare technology platform called KareXpert Technologies Pvt. Ltd. According to the sources, the investment has been made by RIL’s subsidiary and investment arm, Reliance Industrial Investments and Holdings Ltd (RIIHL). A person familiar with the matter said, "RIIHL has bought 22,222 preference shares in KareXpert Technologies Pvt. Ltd by way of private placement at a cost of Rs 4,500 a share and later may buy the entire lot of 66,666 preference shares in a few tranches, probably by pumping in another Rs20 crore." KareXpert Technologies is a digital healthcare provider startup founded in 2004 by Nidhi Jain. Based in Gurugram, company claims its technology to b...