Reliance Jio heading for an IPO? Tariff hikes, 5G monetisation …
WEBJul 5, 2024 · Reliance Jio Infocomm 's recent actions, such as increasing mobile tariffs and starting to monetise its 5G business, suggest that the telecom market leader may be preparing for an initial public offering (IPO) that could potentially be the largest in India's history, according to analysts.
Reliance - Jio Financial Services demerger: what you need to know
WEBJul 20, 2023 · Reliance announced last October that it would demerge and list its financial services business - Reliance Strategic Investments - which will be renamed Jio Financial Services (JFS)....
Reliance spin-off Jio Financial valued at $20 billion, above estimates
WEBBENGALURU, July 20 (Reuters) - Jio Financial Services (JFS) has been valued at around $20 billion after its stock price was set at a much higher-than-expected 261.85 rupees ($3.19) in its...
Reliance Jio announces tariff hike from July 3, announces new …
WEBReliance Jio on Thursday announced that it will increase its mobile services rates from July 3. Mobile sim card packets for Jio Platforms Ltd., a unit of Reliance Industries Ltd., in Mumbai,...
Reliance Jio reports its strongest profit growth in five quarters as …
WEBReliance Jio, India’s largest telecom company, announced its financial results for the January to March 2022 period, showing strong momentum in how much it makes on an average from each...
Reliance Jio News, Reliance Jio Offers & Recharge Plans Updates …
WEBReliance Jio, a subsidiary of Jio Platforms Limited, reported an 11.9% year-on-year increase in net profit for Q1 FY25, reaching Rs 5,445 crore. This is a slight rise from Rs 5,337 crore in the previous quarter and Rs 4,863 crore a year earlier.
Jio can deploy 5G cell every 10 seconds, deployed 85% 5G …
WEBOct 25, 2023 · Telecom major Reliance Jio has deployed 85 per cent 5G network in India and has the capability to deploy one 5G cell in every 10 seconds, the company’s Chairman Akash Ambani said.
Reliance Jio: Reliance announces July 20 as record date for Jio ...
WEBJul 8, 2023 · NEW DELHI: Billionaire Mukesh Ambani-led Reliance Industries (RIL) today announced July 20 as the record date for the demerger of its financial services arm Reliance Strategic Investments, which would be renamed later …
Reliance Jio emerges as World's largest mobile operator in data …
WEBReliance Jio emerges as World's largest mobile operator in data traffic, surpassing China mobile. The total traffic on the Jio network has reached 40.9 Exabytes, which is a 35.2 percent year-on...
Reliance Jio among the first globally to develop 6G technology, …
WEBReliance Industries Limited chairman Mukesh Ambani on Monday said that focus on continuous innovation has positioned Jio to be among the first globally to develop 6G capabilities, news agency...