In his virtual address, Reliance Industries chairman Mukesh Ambani spoke about the journey of Reliance Jio and vision for country’s digital future.
Following the rebranding of Vodafone Idea merger, the company is likely to unveil new packages for its subscribers across the country.
The telecom companies, during the hearing, had also sought a period of 15-20 years for the repayment of AGR dues.
“JioFiber is already the largest Fiber provider in the country with over a million connected homes, but our vision for India and Indians is much larger.
A FB user shared a post claiming, “Mukesh Ambani on becoming 6th most richest person in the world has announced free recharge of Rs 349/- for 3 months to 99,000 Reliance Jio users. We found this to be utterly fake.
According to a report, Reliance and ByteDance, parent company of TikTok, have held discussions over it but nothing final or official has yet come out.
"Jio has designed and developed a complete 5G solution from scratch. It will be ready for trials as soon as 5G spectrum is available and can be ready for field deployment next year," Ambani said.
Intel Capital curates thousands of business development introductions each year between its portfolio companies and the Global 2000.
Wendell Brooks, Intel Capital President, said that Jio Platforms' focus on applying its impressive engineering capabilities to bring the power of low-cost digital services to India aligns with Intel's
PIF’s investment will translate into a 2.32% equity stake in Jio Platforms on a fully diluted basis. With this investment, Jio Platforms has raised ₹ 115,693.95 crore from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG and L Catterton, since April 2020.