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[57] [58] [59] Jio also announced plans to offer streaming of films still in theatres ("First Day First Show") to eligible JioFiber subscribers. [ 60 ] [ 61 ] In the year 2015, the company has a network of more than 250,000 km (160,000 mi) of fiber optic cables in the country, over which it will be partnering with local cable operators to get ...
JioCinema was launched on 5 September 2016 by Jio Platforms as part of a suite of apps and services exclusive to Jio mobile subscribers, with JioCinema app for Android and iOS. In December 2017, JioCinema added a web-based version for PCs. [3] [4] A JioCinema app was also released for Jio's KaiOS-based Jio Phone. [5]
Jio soft-launched on 27 December 2015 with a beta for partners and employees [6] [7] [8] and became publicly available on 5 September 2016. It is the largest mobile network operator in India and the second largest mobile network operator in the world, with over 42.62 crore (426.2 million) subscribers.
Jio Financial Services Ltd (JFSL) is an Indian financial services company, based in Mumbai. Originally a subsidiary of Reliance Industries (RIL), it was demerged as an independent entity and listed on the Indian stock exchanges in August 2023. [ 3 ]
On 16 August 2018, BSNL launched "BSNL Wings Services" in 22 telecom circles, in which there is no need for a SIM card or FTTH as it is a VoIP service through an app. [27] It offers unlimited free calling for one year throughout India. [28]
Reliance Communications would assume responsibility for instalments that MTS owed the government for spectrum purchases, amounting to ₹ 3.92 billion (equivalent to ₹ 5.6 billion or US$65 million in 2023) every year for 10 years. As a result of the deal, Reliance acquired MTS India's subscribers and SSTL's spectrum in the 850 MHz band.
JioSaavn is a freemium service; basic features are free with advertisements or limitations, while additional features, such as improved streaming quality and music downloads for offline listening, are offered via paid subscriptions. On 23 March 2018, Saavn announced merger with JioMusic in a deal worth more than $1 billion. [2]
Intel became the 12th company to invest in Reliance Jio platforms after it invested ₹1,894.50 crore ($250 million), the total investments in Jio platforms is ₹117,588.45 crore so far. [66] On 16 July 2020, Google announced that it will acquire a 7.7% stake in Jio Platforms for ₹33,737 crore. [67]