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Founded: 15 February 2007; 17 years ago () Founder: Mukesh Ambani: ... (d/b/a Jio) is an Indian telecommunications company and a subsidiary of Jio Platforms, ...
Jio Platforms is an Indian multinational technology company, headquartered in Mumbai. It is a subsidiary of Reliance Industries . Established in 2019, it acts as a holding company for India's largest mobile network operator , Jio , and other digital businesses of Reliance. [ 3 ]
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 ...
Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian billionaire and businessman who is the chairman and managing director of Reliance Industries. [4] He is the richest person in Asia and 9th richest in the world.
Under this deal, Jio will use Infibeam's solutions to power its e-commerce and digital payments services. [15] In August 2022, JioMart signed an agreement with Meta to launch first-ever end-to-end shopping experience on WhatsApp. Under this deal, Jio will use WhatsApp's chat solutions to power its grocery shopping service in India. [16]
The entry of Jio in 2016 had led to various mergers and consolidations in the Indian telecom sector. [11] It was announced in March 2017 that even Idea Cellular and Vodafone India would be merged. The merger got approval from Department of Telecommunications in July 2018.
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.
LYF was established in 2015 by the telecom operator, Jio. Marketed closely along with Jio's 4G services, smartphones under the brand were slated to launch in November 2015. [8] In January 2016, it launched its first set of 4G-enabled smartphones named after the four classical elements: Earth, Flame (Fire), Water, and Wind. [9] [10]