Home Tags Jio
Twitter users share photos of bags of wheat bearing Reliance Jio name, comment on how farmers' protest is justified. However, company is strictly a digital arm of Reliance Group.
Europe & US seem set on curbing the dominance of FAANG firms. There’s limited debate in India, where almost all of them have done deals with Jio.
In conversation with Facebook CEO Mark Zuckerberg, Mukesh Ambani talked about Facebook and Jio's partnership and explained how it will benefit India in the long run.
Jio teaming up with Qualcomm for 5G leaves the company immune to political disputes linked to Chinese equipment vendors that global operators are embroiled in.
The telecom operator is working to identify potential investors in US & could also raise part of the funds through other methods such as an offering of equity-linked securities.
Everyone’s buying into the Reliance Jio dream for now. Big investors such as Facebook and Google are writing a cheque to own a slice of it.
Mukesh Ambani unveiled a slew of services from Jio, including a 5G network as early as next year and a mega video-streaming platform.
Mukesh Ambani's Jio has now sold about 25% of its shares to buyers, including Facebook and US private equity firms KKR & Co., and Silver Lake.
Ambani’s Reliance has launched JioMeet video conferencing app after beta testing. The app has already garnered more than 100,000 downloads.
Intel Corp. has agreed to pay approximately Rs. 1,895 crore ($253 million) for a stake in the telecom giant, joining other investors like Facebook Inc., KKR & Co. and Silver Lake Partners.