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Reliance Jio Infocomm Limited (d/b/a Jio) is an Indian telecommunications company and a subsidiary of Jio Platforms, headquartered in Navi Mumbai. It operates a national LTE network with coverage across all 22 telecom circles. Jio offers 5G, 4G and 4G+ services all over India. Its 6G service is in the works. [10] [11] [12] [13]
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 ]
Over the past decade, the Indian cellular services market has seen rapid consolidation. The launch of Jio Platforms in 2016 changed the market dynamics substantially as the company offered free data and voice services during its first year of operations, prompting a fierce price war in the market. Jio managed
After the launch of Reliance Jio in 2016, Internet data rates dropped considerably, and telecom companies expanded their fiber optic networks in competition. Today, internet access in India is provided by both public and private companies using a variety of technologies and media, including dial-up (PSTN), xDSL, coaxial cable, Ethernet, FTTH ...
A standard data charge of 4 paise (0.046¢ US) per 10 KB for 3G service and 10 paise (0.12¢ US) per 10 KB (more than ₹ 10,000 (US$120) for 1 GB) for 2G service was levied on VoIP data. [110] A few days later, Airtel announced a separate internet pack for VoIP apps, it offered 75 MB for ₹ 75 (87¢ US) with a validity of 28 days. [ 111 ]
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]
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