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Jio was soft launched on 27 December 2015 with a beta for partners and employees, [14] [15] and became publicly available on 5 September 2016. It is the largest mobile network operator in India and the third largest mobile network operator in the world with over 46.37 crore (463.78 million) subscribers.
As part of the venture, JioCinema—a streaming service owned by Reliance's mobile operator Jio—would be brought under Viacom18. Paramount would remain a stakeholder and content partner. The deal was approved by the Competition Commission of India (CCI) in September 2022.
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. [9]
JioTV has 17 'Jio Darshan' channels which telecast proceedings from a few Indian temples [8] [9] [10] 32 government education channels on JioTV [11] are hosted by the Ministry of Human Resources Development under Swayam Prabha. [12] In June 2020, JioTV tied up with the Assam government to host educational channel "Gyan Brikshya". [13]
Members of the consortium include NKV Krishna's White Lotus Group, Mukesh Ambani's Reliance Industries, Bharti Airtel, UV Asset Reconstruction (UVARCL) and US-based Varde Partners. [41] In 2022, Mukesh Ambani's Reliance Jio won the bid and acquired the assets of Reliance Communications for Rs. 3720 crores.
Jio Platforms Limited, essentially a technology company, is a majority-owned subsidiary of RIL. It has a valuation of more than US$ 100 billion on expert view as of October 2022. It is the result of a corporate restructuring announced in October 2019, resulting in all the digital initiatives and the telecommunication assets being housed under ...
Jio Payments Bank Limited is a 77:23 partnership between Reliance Industries and the State Bank of India. [1] On November 10, 2016, it registered as a public limited company to set up a payments bank. On April 3, 2018, Jio Payments Bank became the sixth payment bank to commence operations in India. [2]
Bharti Airtel will get an additional 178.5 MHz of spectrum in three bands—1800 MHz, 2100 MHz and 850 MHz—that are widely used for 4G, an area where Airtel is expanding fast to keep pace with Reliance Jio Infocomm. Airtel will also add about 13 million of Tata Tele's mobile subscribers as of April 2019 to its nearly 322 million users.