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[26] [27] Within the first month, Jio announced that it had acquired 1.6 crore (16 million) subscribers [28] and has crossed 5 crore (50 million) subscriber mark in 83 days since its launch, [29] subsequently crossing 100 million subscribers on 22 February 2017. [30] By October 2017, it had about 13 crore (130 million) subscribers. [31]
JioCinema was an Indian subscription video-on-demand over-the-top streaming service owned by JioStar, a joint venture between Reliance Industries, Viacom18 and Disney India.The service was merged with Disney+ Hotstar on 14 February 2025.
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 ]
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 was allowed to "test" its services for a much longer period and with a much larger subscriber base than was the industrial norm. In a letter to the telecom department, Rajan Mathews of the Cellular Operators Association of India wrote that Reliance's offers were "full-blown and full-fledged services masquerading as tests, which bypass ...
In November 2009, Reliance Industries issued 1:1 bonus shares to its shareholders. [ citation needed ] In 2010, Reliance entered the broadband services market with acquisition of Infotel Broadband Services Limited, which was the only successful bidder for pan-India fourth-generation (4G) spectrum auction held by the government of India.