Roundup of all the Telecom providers and Operators
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”
After it was accidentally revealed, Reliance Jio today officially announced that it is offering its Jio Fiber customers free one year Amazon Prime membership, worth Rs. 999 that includes unlimited access to Amazon Prime Video, as part of their plan benefits at no additional cost. The offer is available for both the existing or new Jio Fiber users with Gold (Rs. 1299) or above plan. Continue reading “Reliance Jio offers 1 year free Amazon Prime membership for select Jio Fiber plans”
Vodafone Idea has announced that it will support for cellular service on the Apple Watch (GPS + Cellular) in select circles across India, from June 12, 2020. The service will be made available for Vodafone Postpaid customers, which includes the Enterprise Postpaid customers too.
Continue reading “Apple Watch cellular now supported on Vodafone Idea networks in India”
Reliance Industries today announced that Abu Dhabi Investment Authority (“ADIA”), globally-diversified investment institution will invest Rs. 5,683.50 crore in Jio Platforms. This investment values Jio Platforms at an equity value of Rs. 4.91 lakh crore and an enterprise value of Rs. 5.16 lakh crore. ADIA ’s investment will translate into a 1.16% equity stake in Jio Platforms on a fully diluted basis. Continue reading “ADIA to invest 5683.50 crore in Jio Platforms for 1.16% stake”
After teasers, Reliance Jio has launched Rs. 401 plan that offers a 1-year Disney+ Hotstar VIP subscription in addition to 90GB (3GB per day + 6GB) of data, unlimited voice calling (Jio to Jio Unlimited, Jio to Non-Jio FUP of 1000 minutes), SMS (100 / day) and access to Jio apps with a validity of 28 days. The standalone Disney+ Hotstar VIP subscription costs Rs. 399 for 1 Year. To continue getting Disney+ Hotstar VIP subscription benefits for 1 year, user needs to continuously to be on any active plan. Airtel launched a similar bundled offer back in April, but that offers 3GB of data. Continue reading “Jio launches Rs. 401 plan with 90GB data and 1 year Disney+ Hotstar VIP subscription”
Reliance Jio has announced that Mubadala, a leading Abu Dhabi-based sovereign investor, will invest Rs. 9,093.60 crore in Jio Platforms at an equity value of Rs. 4.91 lakh crore and an enterprise value of Rs. 5.16 lakh
crore. Mubadala’s investment will translate into a 1.85% equity stake in Jio Platforms on a fully diluted basis. Continue reading “Jio Platforms to raise Rs. 9093.60 Crore from Mubadala, additional Rs. 4546.80 crore from Silver Lake and co-investors”
Reliance Jio might be offering its Jio Fiber customers free one year Amazon Prime membership, worth Rs. 999 that includes unlimited access to Amazon Prime Video, as part of their plan benefits at no additional cost. The offer that appeared on MyJio app also mentions that this is a one time offer.
Reliance Jio and Bharti Airtel recently launched the Rs. 251 add-on pack with 50GB data benefit. Following that, Vodafone IDEA has also launched its new Rs. 251 prepaid data add-on pack that offers 50GB benefit. Continue reading “Vodafone IDEA launches Rs. 251 prepaid data add-on pack with 50GB benefit”
