News

RIL’s Jio Reports USD 2.2 Billion Fund Support from Swedish Export Credit Agency for 5G Rollout

wirecableSeptember 6, 2023September 6, 2023

September 6, 2023September 6, 2023

Reliance Industries Limited’s telecom business, Reliance Jio, reported a USD 2.2 billion fund support from a Swedish Export Credit Agency for the 5G network rollout in India. Jio has largely procured gears from Sweden’s Ericsson and Finland’s Nokia to deploy its 5G network. Aug 6, 2023 Reliance Industries Limited’s (RIL)......

News Telecom & OFC

RIL in UP: INR 75,000 Crore Investment Over 4 Years

wirecableFebruary 14, 2023April 19, 2023

February 14, 2023April 19, 2023

Mr. Mukesh Ambani is participating in the UP Investors Global Summit 2023 and has promised the state a new 10 GW renewable capacity, bio-energy business, and 5G network by December 2023. February 14, 2023 Mr. Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited (RIL), during the UP Global......

Reliance Industries’ Capital Commitment for Telecom Business Stands at Rs. 88,000 Crore

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

Reliance Jio has so far deployed about Rs. 52,400 crore as of March 31 April 21, 2015 Reliance Industries (RIL) has so far committed Rs. 88,000 crore (USD14 billion) of capital to its telecom business, as per sources. This does not include the Rs. 10,077.53 crore the telecom subsidiary, Reliance......

Reliance Jio Infocomm to launch 4G in 2015 with an investment of Rs. 70,000 crore

wirecableJuly 3, 2014August 2, 2014

July 3, 2014August 2, 2014

June 18, 2014 Reliance Jio Infocomm said it will commercially launch 4G services in 2015, entailing investments of Rs. 70,000 crore. RIL promoted RJIL holds pan-India broadband wireless access (BWA) spectrum that can be used for 4G services. The company had acquired it through auction for Rs. 12,847.77. The 4G......