Reliance Jio
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Reliance Jio is in talks to raise up to US$2 billion in offshore loans to buy Ericsson 5G equipment according to a report from the Economic Times. -
The Indian market for fixed broadband is rising fast, with Reliance Jio set to be lead supplier in terms of number of subscriptions.
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India’s mobile companies are calling on operators of so-called over-the-top (OTT) apps to pay them for carrying their traffic.
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India’s Reliance Jio has entered into partnerships with both Nokia and Ericsson as it looks to bolster its 5G rollout across the country.
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India’s 5G launch is imminent, Ashwini Vaishnaw, the country’s telecoms minister revealed on Twitter.
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Reliance Jio has spent around US$11 billion at India’s 5G spectrum auction, paving the way for its 5G rollout.
Forthcoming events
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India’s financial regulator has fined Reliance Industries, the owner of Jio, for failing to announce Facebook’s US$5.7 billion investment. Two compliance officers were also fined.
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As India’s 5G spectrum auction was again delayed, leading Indian telcos Airtel, Jio and Vodafone Idea have opposed plans to offer 5G spectrum to private captive networks, claiming it could provide back door entries to private companies.
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Ericsson, IBM and Jio have all released their latest financial results in recent days, kicking off the latest reporting season.
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Reliance Jio (RJIL) has paid Rs 30,791 (£3.03 million) towards clearing prepayment of deferred spectrum acquired before March 2021.
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Indian banks are in discussions about converting Vodafone Idea’s debts into equity, effectively taking over one of the country’s three main mobile operators.
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The Indian government appears to have blinked first in its fight with its telecoms operators and others over back taxes worth billions.
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The chairman of the company that owns 27% of Indian mobile operator Vodafone Idea has offered to transfer the group’s entire shareholding to the government to help stave off collapse.
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Reliance Jio Infocomm Limited (Jio) and Google Cloud have formed a long-term strategic relationship with a goal of powering 5G to enterprise and consumer customers across India.
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The company that owns Indian operator Reliance Jio will continue to pay the salary of staff who have died of Covid-19 for five years.
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Indian MNOs Bharti Airtel and Reliance Jio Infocomm have entered into an agreement to trade spectrum.
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Japanese technology company Rakuten, which has launched a cloud-based 5G network, has raised 242 billion yen (US$2.2 billion) by selling stakes to Japan Post, Tencent and Walmart.
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India's mobile operators spent a combined US$11 billion on spectrum in the country's latest auction.
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India's ongoing spectrum auction has brought in almost twice the projected revenue so far, according to Communications Minister Ravi Shankar Prasad.
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India has taken the biggest step so far in a plan to merge its two state-owned telcos, by transferring mobile operations in Delhi and Mumbai from one to the other.
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Reliance Industries Limited has called on the Indian government to intervene and end what it has described as "illegal acts of vandalism by miscreants" in Punjab and Haryana.
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Capacity shares 5 key stories from around the world making headlines today!
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Indians are boycotting Reliance Jio as protests over the country's agricultural reforms intensify.
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India could get its first 5G services in the second half of 2021 after Reliance boss Mukesh Ambani said Jio would "pioneer the 5G revolution".
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Reliance Industries has generated eight investments in its retail subsidiary Reliance Retail Ventures Limited (RRVL), however a legal notice from Amazon could be about to put the brakes on the momentum.
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India’s mobile market is seeing a shakeup of the top players as new data suggested Jio’s dominance could be threatened by Airtel.
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Japan’s Rakuten Mobile is rolling out cloud-based 5G services in main cities, available to all users with a suitable device for no extra cost.
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KKR has made a second investment in a Reliance Industries’ company, this time backing the firm’s retail subsidiary in return for a 1.28% equity stake.
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India’s Vodafone Idea, which yesterday rebranded as Vi, will lose market share to its two big rivals, Reliance Jio and Bharti Airtel, says ratings agency Fitch.
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Days after India’s Vodafone Idea won the right to pay off its US$7 billion tax bill over 10 years, the company announced a rebrand.
