Roundup of all the Telecom providers and Operators
Reliance Industries’s Reliance Retail today announced that it is acquiring Future Group’s Retail & Wholesale Business and the Logistics & Warehousing Business in a deal worth 24,713 crore. This is part of the Scheme in which Future Group is merging certain companies carrying on the aforesaid businesses into Future Enterprises Limited (FEL). Continue reading “Reliance Retail buys Future Group’s retail, wholesale and supply chain business for Rs. 24,713 crore”
Reliance Jio has launched new Rs. 499 Cricket Pack and Rs. 777 quarterly pack that also come with a 1-year Disney+ Hotstar VIP subscription. Both the plans offer 1.5GB data per day and access to Jio apps, but only the Rs.777 comes with voice calling minutes and SMS. Continue reading “Jio launches Rs. 499 Cricket Pack, Rs. 777 quarterly plan with 1 year Disney+ Hotstar VIP subscription”
Airtel today announced that it is the first mobile operator to launch ‘Ultra-Fast 4G’ services in Andaman and Nicobar, after launching 4G services in the island back in January last year. Department of Telecommunications today launched new 2300 kilometer undersea optic fiber link between Chennai and Andaman and Nicobar. Continue reading “Airtel enhances 4G services in Andaman and Nicobar Islands with the launch of 2300km undersea optical fibre cable project”
Vodafone Idea Ltd. has announced that they will finally offer their premium Vodafone RED plan to all Vodafone Idea postpaid customers, completing the two networks’ postpaid consolidation process. Along with this, all Vodafone Idea postpaid customers can now avail a uniform customer service and an enhanced digital experience.
Continue reading “Vodafone RED now available to all Vodafone Idea post-paid customers”
Vodafone Idea has announced that they will be supporting eSIM capabilities for Vodafone postpaid customers on devices such as iPhone 11, iPhone 11 Pro, iPhone 11 Pro Max, iPhone SE, iPhone Xs, iPhone Xs Max and iPhone Xr, with support for Samsung Galaxy Z Flip and Galaxy Fold coming soon. The service will first be available in Mumbai, Delhi and Gujarat.
Reliance Jio at its virtual 43rd annual general meeting (AGM) announced that the company has designed and developed a complete 5G solution from scratch using 100% home-grown technologies and solution. Continue reading “Jio 5G ‘Made in India’ solution announced, trials and deployment soon”
At its first-ever virtual Annual General Meeting, Reliance Jio made a slew of announcements including its 5G network with home-grown technologies, Jio TV Plus, Jio Mart, Jio Meet, and more. Along with this, the company has also announced its new product for 3D interactions – Jio Glass. Continue reading “Reliance Jio announces Jio Glass mixed-reality glasses”
At the 43rd annual general meeting (AGM), Reliance Jio announced that Jio Platforms and Google will jointly develop an entry-level affordable 4G/5G smartphone with optimizations to the Android operating system and the Play Store. The 5G smartphone will be priced at a fraction of its current cost. “The Jio-Google partnership is determined to make India 2G-mukt,” said Mukesh Ambani. Continue reading “Reliance Jio and Google partner for entry-level 4G/5G smartphones”
Mukesh Ambani, Chairman and Managing Director of Reliance Industries at the company’s 43rd annual AGM virtual event has announced that Google will invest Rs. 33,737 crore in Jio Platforms. The investment will translate into a 7.73% equity stake in Jio Platforms on a fully diluted basis. Continue reading “Jio Platforms to raise Rs. 33737 Crore from Google for 7.7% stake”
The usage of video conferencing apps like Zoom, Microsoft Teams, Skype for Business, etc are witnessing a surge owing to the lockdown and people working from home. On similar lines, recently Reliance Jio introduced its video conferencing solution — Jio Meet and following that, now Bharti Airtel has partnered with Verizon for BlueJeans video conferencing solution in India. Continue reading “Airtel partners with Verizon for BlueJeans video conferencing solution in India”
Reliance Jio has announced that Qualcomm Ventures, the investment arm of Qualcomm Incorporated will invest Rs. 730 crore in Jio Platforms at an equity value of Rs. 4.91 lakh crore and an enterprise value of Rs. 5.16 lakh crore. The investment will translate into a 0.15% equity stake in Jio Platforms on a fully diluted basis. Continue reading “Jio Platforms to raise Rs. 730 Crore from Qualcomm Ventures”
Airtel recently partnered with ZEE5 to offer unlimited access to premium content for its users and the company has also been introducing new prepaid plans as well. On similar lines, now Airtel has launched a new Rs. 289 prepaid plan that comes with bundled ZEE5 subscription, unlimited calling, and more. Continue reading “Airtel launches new Rs. 289 prepaid plan with unlimited calling, ZEE5 subscription; Rs. 79 plan now offers ZEE5 subscription”
Reliance Jio has announced that Intel Capital, investment arm of Intel Corporation will invest Rs. 1,894.50 crore in Jio Platforms at an equity value of Rs. 4.91 lakh crore and an enterprise value of Rs. 5.16 lakh crore. The investment will translate into a 0.39% equity stake in Jio Platforms on a fully diluted basis. Continue reading “Jio Platforms to raise Rs. 1894.50 Crore from Intel Capital”
After testing it in May, Reliance Jio has officially launched its JioMeet cross-platform video conferencing app in a move to take on Zoom, Skype, Microsoft Teams, Google Meet and other video chat apps. The app works on Android, iOS, Mac, Windows, SIP/H.323 systems as well as Chrome and Firefox browsers on desktop. Continue reading “JioMeet video conferencing app launched, offers unlimited video chat with up to 100 participants”
Reliance Jio has announced that TPG, a global alternative asset
firm, will invest Rs. 4546.80 crore in Jio Platforms at an equity value of Rs. 4.91 lakh crore and an enterprise value of Rs. 5.16 lakh crore. TPG’s investment will translate into a 0.93% equity stake in Jio Platforms on a fully diluted basis. Jio also said that L Catterton, one of the world’s largest consumer focused private equity firms will invest Rs. 1,894.50 crore in Jio Platforms, for 0.39% equity stake s on a fully diluted basis. Continue reading “Jio Platforms to raise Rs. 4546.80 Crore from TPG, Rs. 1894.50 Crore from L Catterton”
