Jio Platforms Q2 FY24: 10.6% Y-o-Y revenue surge and over 11 million new subscribers

Jio Platforms Q2 FY24: 10.6% Y-o-Y revenue surge and over 11 million new subscribers

In its latest quarterly results, Jio Platforms Limited (JPL), a subsidiary of Reliance Industries, reported a significant 10.6% year-on-year revenue increase, reaching ₹ 31,537 crore. The EBITDA also saw a 12.6% rise from the previous year, standing at ₹ 13,528 crore. Data Traffic & Subscriber Growth One of the key highlights for Jio this quarter […]

Reliance Jio Infocomm introduces JioTrue5G-powered Wi-Fi services

Reliance Jio Infocomm introduces JioTrue5G-powered Wi-Fi services

Reliance Jio Infocomm Limited (Jio) has introduced JioTrue5G-powered Wi-Fi services in religious places, educational institutes, bus stands, commercial hubs, railway stations, and other high footfall areas. The launch of JioTrue5G-powered Wi-Fi services adds to the JioTrue5G service and the recently rolled out Jio Welcome Offer in Delhi, Kolkata, Mumbai, and Varanasi. Reliance Jio Infocomm claimed […]

Reliance Jio Infocomm acquires spectrum in multiple bands for Rs 881bn

Reliance Jio Infocomm acquires spectrum in multiple bands for Rs 881bn

Reliance Jio Infocomm (Jio) has acquired spectrum in the 700MHz, 800MHz, 1800MHz, 3300MHz, and 26GHz bands for a 20-year period for INR 88,078 crores in the auctions held by the Indian government’s Department of Telecommunications. Reliance Industries, the parent company of Jio said that the acquisition of the right to use the spectrum will allow […]