Foreign Direct Investment into India rose by 13 per cent in 2020, boosted by interest in the digital sector, and while fund flows declined most strongly in major economies such as the U.K., the U.S. and Russia due to the Covid-19 pandemic. India's 13 per cent rise in FDI saw...
How Reliance Jio Leverages Indian Startups
Jio, the telecom operator which has revolutionized India by commoditizing data, has stepped-up its engagement with start-ups through outright acquisitions, partnerships, or equity stake purchases. Over the last few months, the company has invested in or bought out start-ups in music streaming apps, media production, AI, and blockchain such as:...
India's Jio Hopes to Be World's Fifth Largest Telecom Operator
Reliance Jio, which launched India's first nationwide LTE network in September 2016, signed up more than 100 million 4G subscribers in less than six months. South Korea's Samsung is Jio’s sole LTE network provider. End February this year, Jio and Samsung extended their partnership, and announced plans to enhance the...
4G Provider "Jio" Signs 72 Million Subscribers in 4 Months
Mumbai, India-based Reliance Industries claims that within four months of launching the services of its telecom subsidiary Jio, a record number of 72.4 million customers have subscribed to it. However, Jio services face congestion issues as the interconnect capacity provided by some large operators is "still way below requirement", the...
Will India's Reliance Jio Infocomm Disrupt the 4G Market?
Telecom analysts and research agencies predict that India's Reliance Jio Infocomm will disrupt the Indian 4G market with innovative offers. Reliance has not yet officially announced the commercial launch of Jio, but the service is currently available as a limited preview only. According to telecomlead, this is what analysts have...
Ballard to Supply Backup Power Systems to India’s Reliance Jio
Ballard Power Systems , based near Vancover, BC, received an initial 100 unit order for backup power systems from Reliance Jio Infocomm Limited, a subsidiary of Reliance Industries Limited India's largest corporation. These systems will be deployed in Jio's 4G wireless telecom network. "This is an important commercial milestone for...