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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 ]
The company is owned by Jio Platforms, the digital service business of Reliance Industries. [ 20 ] According to a Kalagato report on OTT space, in 2018, JioTV saw around 18% of active users after Disney+ Hotstar which has 40% active users.
It began using MIMO technology in 2011 to improve the quality of its 3G service, providing a data rate of up to 28 Mbit/s. [ 8 ] In the 2010 spectrum auction , Reliance obtained licenses for 3G spectrum in three cities at a total licensing fee of ₹ 58.64 billion (equivalent to ₹ 130 billion or US$1.5 billion in 2023). [ 9 ]
It is a subsidiary of Reliance Retail, a wholly owned subsidiary of Reliance Industries. [2] [3] Reliance Digital opened its first store on 24 April 2007 in Delhi. [4] Currently there are more than 8,600 Reliance Digital and 1,800 My Jio stores in around 800 cities in India in addition to an online presence.
Viacom18 Media Private Limited is an independent Indian media conglomerate, currently part of JioStar.It is owned by Reliance Industries and Bodhi Tree Systems. The Organization had various channels and content production studios in India.
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]
In March 2024, it was reported that Paramount Global was looking to sell its 13.01% stake in Viacom18 to Reliance, which already owned a 73.91% share via TV18. [60] Although Bloomberg News reported that the deal was unlikely to close, the deal was confirmed a week later for $517 million, its closure subject to regulatory approval and the ...