RELIANCE JIO

  • Reliance Jio signs $1.5 billion sydicated term loan facilities November 17, 2014

    Mumbai: Reliance Jio Infocomm Limited (RJIL) has signed syndicated term loan facilities aggregating to $1.5 billion. The facility is guaranteed by Reliance Industries Limited (RIL) and will be used to refinance the syndicated term loan facilities. The facility was fully underwritten by an initial group of 15 core relationship banks that...
  • Isha and Akash Ambani appointed on the board of Reliance Jio Infocomm and Reliance Retail October 11, 2014

    Mumbai: At the board meetings held on Saturday, Reliance Jio Infocomm Limited and Reliance Retail Ventures Limited approved the appointment of Isha Ambani and Akash Ambani as Directors on their Boards. Isha Ambani, a graduate from Yale University has double majors in Psychology and South Asian Studies. She was a...
  • Investors conclave: UP government signs deals worth Rs 35,000 crore June 12, 2014

    The Uttar Pradesh government on Thursday signed 20 initial agreements with corporates entailing investments worth Rs 35,000 crore. These MoUs include a pact with Reliance Jio for providing 4G services and commitments worth Rs 2,100 crore from the ITC group in multiple sectors. The Amity group has also signed a pact with...
  • Reliance Jio, Bharti Infratel sign tower sharing agreement March 4, 2014

    Ahead of the launch of its mobile services, Mukesh Ambani-owned Reliance Jio Infocomm on Wednesday signed an agreement with Bharti Infratel to utilise the latter's tower infrastructure. The companies have signed a master services agreement and pricing would be at 'arm's length,' based on prevailing market rates, a joint statement by...
  • Reliance Jio expected to launch 4G services by September February 23, 2014

    New Delhi: Telecom arm of Reliance Industries, RJIL, is likely to launch its 4G services by September this year starting from Delhi and Mumbai. "Reliance Jio is engaged in building up team for telecom services which is almost done. Telecom services are likely to be launched in third quarter of...
  • Government plans to finalise spectrum charges before auction January 15, 2014

    The government expects to finalise the issue of annual spectrum charges, over which telecom operators have locked horns, before the auction of airwaves scheduled to start on February 3. "...all will be resolved before auction," Telecom Secretary M F Farooqui told reporters on the sidelines of the Telecom Sector Skill...
  • Sunil Mittal: Riding the high tide in Indian telecom November 28, 2013

    Sunil Bharti Mittal Chairman and managing director, Bharti Enterprises Age: 55 Rank in the Rich List: 10 Net Worth: $6.6 billion The Big Challenge Faced in the Last Year: Steadying Airtel's operations and maintaining its market leadership in a highly competitive, regulated and, yet, uncertain sector The Way Forward: Focusing on converting more voice customers to...
  • Reliance Jio Infocomm gets unified telecom licence October 25, 2013

    Reliance Jio Infocomm Ltd (RJIL), the telecom arm of Reliance Industries, on Friday said it has received a unified telecom licence that will enable it to offer voice telephony and high speed data services across the country. The Unified Licence for all 22 Service Areas across India will make the company...
  • Reliance Jio, Vodafone, others tie up to construct BBG cable system April 30, 2013

    New Delhi: A consortium of global telecom majors, including Reliance Jio Infocomm and Vodafone, today signed an agreement for constructing the Bay of Bengal Gateway submarine cable system that will link Malaysia and Singapore to the Middle East with connections in India and Sri Lanka. The cable system is likely...
  • Reliance Jio signs pact with Bharti for cable network April 23, 2013

    New Delhi: Reliance Industries' telecommunications arm will use Bharti Airtel's submarine cable network to provide data connectivity across Asia Pacific, the two Indian companies said on Tuesday. The i2i cable network connects India to Singapore and is wholly owned by Bharti, India's top mobile phone carrier. Bharti and Reliance Jio Infocomm...