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Reliance Jio

Reliance Jio – Indian company that started the wave of the wireless 4G network all across India

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Everyone demands a faster network and in fact, it is the need of the present era. However, Reliance Jio started the wave of 4G in the Indian telecom market in 2016. With affordable prices and a faster network, Reliance Jio became much popular in India. In fact, it became India’s largest mobile operator as of 2019. As well, it is 3rd largest mobile network operator in the world. Presently, the firm has been covering more than 22 telecom circles, and about 38.75 million uses the Jio network. The firm has also launched fiber to home service recently in 2019.

All About Reliance Jio

An Indian telecommunication firm Reliance Jio is well-known all over the world. It is headquartered in Mumbai, India. The firm is known for introducing LTE network all across the country, covering more than 22 telecom circles. As well, the firm made use of voice over LTE to enable voice service on the 4G network.

In 2015, the firm launched Jio soft as a beta version. Initially, it was limited to employees and partners. While it was made public in 2016 and soon became a major mobile network operator in India. The firm also launched fiber to home service in 2019. With this, it enables services like home broadband, TV, and telephone services. Recently, the firm was in the news as it raised about 21 billion dollars in 2020. For this, Jio sold 32.97% equity stakes in the Jio platform.

The person behind Jio’s success- Mukesh Ambani

Mr. Mukesh Ambani, the head of the Reliance industry is one of the successful industrial leaders of India. This person not only maintains the name of Reliance but also grow the network of the business all over the world. One of such milestones led by Mr. Mukesh is Reliance Jio. Today, it became some of the most expansive 4G broadband wireless networks in the world. Apart from the business, he holds many prestigious memberships of international organizations. He is a member of the World Economic Forum’s Foundation board. As well, he is having the membership of the United States National Academy of Engineering.

History

Initially, the firm was registered with the name Infotel Broadband services Limited in 2007 at Ambawadi, Gujarat. After three years, the Reliance industry acquired IBSL with 95% stakes. At that time, the firm has already had 4G broadband spectrums in all 22 circles in India. Since then it is one of the subsidiaries of the Reliance industry. In 2013, the firm has entered the telecommunication market with the name Reliance Jio Infocomm Limited.

Reliance Jio
Image Source: counterpointresearch.com

Launching the 4G service for free

The firm launched 4G service in 2015. But initially, it was for an internal purpose, for employees and the office. However, it was made available for consumers in 2016. For almost one year, Jio offered free data and voice services which later on extended to March 2017. With this free offer, Jio has acquired a number of users, crossing the number of 1.6 crores. In just 83 days, the firm set the record by acquiring more than 50 million subscribers. As well, it also reached 100 million subscribers in a year.

Controversies

Just after it entered the consumer market, the Centre for Public Interest Litigation filed a PIL in SC against JIO. As per that PIL, the Indian government accused of granting a pan-India license to JIO. It also alleged JIO for taking additional fees for voice telephony with its 4G data service. However, the Supreme court revoked the PIL as the government and Jio explain the rules which they followed.

Products and services

The firm entered the market with 4G broadband service in 2016. As of 2018, the firm introduced Jio GigaFiber as well as broadband internet. As well, it launched television and landline service in the same year. On the third anniversary of Jio, it made a surprising announcement to offer streaming of films in theatre for JioFiber subscribers.  Currently, the firm covers the network of more than 250k km of fiber optic cables in India. By way of launching 4G all across India, Jio has started offering free wi-fi services in cities all across the nation.

Introducing JioPhone

In 2017, the JioPhone create a buzz in the mobile industry for its affordable price that actually works on the 4G network. Many consumers booked the JioPhone overnight and enjoyed the speed of 4G. With the huge popularity of the first model, the firm unveiled the second version of it in the following year. JioPhone became hit among mid-age persons as it is simple to use yet, comes with advanced features.  As well, Facebook, Whatsapp, and Youtube can be accessed easily on JioPhone.

Jio apps

Like the grand entry in 4G service, Jio launched a number of apps on Google Play. These apps are free and available in various segments. Like health, entertainment, Messaging, as well as apps for backups. Only one thing is needed to enter in Jio’s app world, i.e., Jio number. Some of the apps in the entertainment segment are JioCinema, JioTV, JioNews, JioSaavan, etc. For chat and video calls, the apps are JioPages, JioMeet. Other apps are JioHealth, JioMoney, JioVoice, MyJio, and many others that are available on the play store.

Qualcomm

Reliance JIO and Qualcomm Join Forces to Bring 5G to India

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India is all set to receive superfast internet soon enough. Making this dream a reality will be a partnership between India’s Reliance JIO and US-based Qualcomm. The two technology and communication giants are joining hands to build and develop 5G technologies in India. Reliance will be leveraging its subsidiary Radisys Corporation, which it wholly owns to help build the necessary 5G infrastructure. In this article, we will take a look at how this deal works out, and by when we can expect super-fast internet in India.

Jio and Qualcomm partners for the Better

Chipset manufacturer Qualcomm and Radisys Corporation will develop a virtualized RAN. Such a Radio Access Network will help boost the development of 5G architecture in India. With the help of this partnership, we can expect a faster roll-out for such services within the country. The companies also announced that they achieved speeds eclipsing 1 Gbps over their 5GNR network. Reliance Jio’s 5GNR software leverages Qualcomm’s RAN platform to obtain these high speeds. Furthermore, Qualcomm announced that this platform allows it to enter the Gigabit 5G NR portfolio.

Faster Internet for all

The usage of 5G will allow mobile phone users to receive higher data rates. Furthermore, 5G also offers lower latency communication and enhance the overall digital experience. The network supports a slew of devices, including AR and VR gaming products, smartphones, and laptops. The announcement which occurred on Tuesday will fast-track the much-awaited 5G roll-out in India. The indigenous network infrastructure for 5G will help in streamlining network services for millions in India. Also, the 5G RAN product has become a part of the Gigabit throughput clock. Furthermore, a Tier-1 American carrier has already tested and verified the product for its quality and high-speed performance. This move will also help India join the 5G club. Presently, only a few nations, including Australia, Germany, the US, South Korea, and Switzerland have produced 1 Gbps speeds over 5G.

Qualcomm
Image Source: qualcomm.com

What the Companies Had to Say

Mathew Oommen, who serves as the President of Jio Infocomm, stated that the company was looking forward to the partnership. While speaking at the Qualcomm 5G Summit, he noted that the development of new-gen 5G RAN will be a revolutionary technology. The cloud-native software will help both companies scale their operations tremendously. Qualcomm Technologies, while working with Jio Platforms, will help make India a genuinely 5G inclusive nation. It will provide a vital boost to local manufacturing and help accelerate the achievement of Atmanirbhar Bharat.

Meanwhile, VP of Qualcomm India Rajen Vagadia stated that they were delighted to take their partnership with Jio to the next level. Both companies have now been working together for quite some time now and enjoy a great relationship. By creating a shared 5G vision for India, the partnership will help in supporting India’s digital transformation. As per the needs of the day, India requires a better and more powerful mobile experience. Rajen noted that very soon more and more consumers will want 5G services, leading to a massive spike in demand. Such services will be of great help to healthcare, retail, and manufacturing industries. Since Jio is a game-changer when it comes to the delivery of cost-effective 4G services, this partnership will help both companies drastically. Jio already enjoys massive network coverage and a large user base, which will be ready to switch to 5G once the roll-out is complete.

Moving Forward

As you can see, the partnership between Qualcomm and Reliance Jio will help catalyze the adoption and implementation of 5G in India. The adoption of this technology will finally put an end to lousy streaming, never-ending buffering, and frequent voice cuts over calls. It will also give a push to the adoption of vertical IoT solutions and other smart devices across the nation. Such an indigenous network will prevent India from having to depend on Chinese systems for their infrastructure. Not only will this help reduce our dependence on them, but it will also help improve security on our national infrastructure. Also, earlier this year Qualcomm picked up a 0.15% stake in Jio for a whopping INR 730 crores. Hence, this venture may be the start of many more such partnerships between the communication-industry legends.

Facebook

FACEBOOK BECOMES THE LARGEST MINORITY SHAREHOLDER OF RELIANCE SUBSIDIARY JIO

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The adaptability of people with the internet is booming in this era of digitalization. We Indians have especially engrossed ourselves in the technical development for a while now. Many companies are showing genuine interest in Indian social and economic growth. Because India is going through a rapid transformation in the sphere of economy our world has ever witnessed. And, it is happening mostly due to the involvement of India in digital technologies. With every passing day, people are showing enthusiasm to use the internet do to something valuable. They are learning new skills, opening small businesses, etc. Within the last five years, around 500 million people got internet access in India. This led one of the biggest social media platforms to invest in Jio Platforms, the technical division of Reliance Industries.

The Investment

Jio is a Reliance subsidiary that provides broadband, mobile services, and online commerce stage to the Indian people. It is one of the leading internet platforms in India currently. So, what can be better than the gigantic social media platform collaborating with one of the largest network enterprises? Facebook announced that it is investing $5.7 billion in Jio Platforms, thus making Facebook its largest minority shareholder. This deal has summed up Jio’s value to $65.95 billion.

Facebook already has a mammoth size market in India. It has the largest number of Whatsapp users from our country, that is, 400 million users. So, further investment in the Indian market will help the company operate more effectively and contribute to the digital economy. Everything happens today with a few swipes on our mobile screen. And, Facebook aspires to connect more people through the power of Whatsapp and fuel Jio’s small businesses like JioMart.

A New Partnership

Facebook says that Jio has gone through some excellent development in less than three years of its launch. Moreover, after Jio has come into the market, the number of Internet users in India has escalated very fast. So, the company looks forward to opening new opportunities for people through the services of Jio. Already, 388 million people are using the internet service of Jio and the number is expected to rise soon.

Facebook is currently targeting small businesses in India. There are around 60 million small enterprises that can grow bigger with stronger connectivity. But, the pandemic of COVID-19 is indicating a huge downfall in the economy which will affect these small businesses. So, responding in the need of the hour, Facebook along with Jio commits to helping businesses grow again. With affordable internet collection and a huge audience, businesses can digital and hence expand internationally.

Something big is coming up

Facebook and Jio have come together to make a stronger community in the sphere of digital business. The plan is to make a new app that will connect people around the world and help in purchasing products as well. Though, the companies didn’t make any big announcement about releasing the app as it is an ongoing project. The companies want to create something similar to WeChat, a multipurpose app for the Indian market.

Delays have been caused in this project due to the outbreak of novel coronavirus. But, it is clear that a multipurpose app is coming in its way. It will help people buy groceries, do shopping, and also make the payment from JioMoney. But, the final model of this new business isn’t clear yet. Reliance has not mentioned if there will be more than one investor for Reliance Jio and Reliance Retail. But, both the companies have set off to launch this new super at the earliest.  

Future planning

The whole world is losing its financial stability due to the lockdown. Recently, the oil price has also gone negative. But, Mukesh Ambani, Chairman and Managing Director of Reliance brings a ray of hope. He said that this new collaboration will help Indi recover economically during the post-Corona phase. So, Reliance is looking forward to a long time commitment with Facebook to heal and embrace the digital environment of India.

With this new partnership, it is predicted that India might have 2.1 billion devices connected to the internet by 2023. In this collaboration, Morgan Stanley acted as the financial advisor of Jio Platforms. This partnership will open new opportunities for the people of India.

Reliance Plans to Launch Jio GigaFiber Next Few Weeks

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Reliance Jio, the biggest telecom company in India, had released the beta of its Jio GigaFiber last year, and since then, there have been many talks about the same. The Jio GigaFiber claims it will replace the old fashioned cables with all fibre cables, enhancing the speed for the broadband and TV connections. Reportedly, the company is planning to end the beta and officially launch the GigaFibre in the coming weeks.

Jio GigaFiber
Image Source: mysmartprice.com

Since the company had made the testing open for the public, too, many of the common people were able to enjoy the unlimited internet after paying a sum of Rs. 4500. This way, there have been numerous leaks on the details about the upcoming Jio GigaFiber.

The new Jio GigaFiber is faster and offers three different services altogether, i.e., landline, broadband, and a TV connection. With the new network connection, Reliance intends to provide its users with a connected ecosystem for their homes through a single package, and that too, at a cheaper price.

Though there are various network providers that use optical fibre for the connection, they mix these connections with the conventional cables. With Jio GigaFiber, the whole network will rely on fibre optics, leading to up to 100Mbps network speed with no or negligible loss in the connection. The people who were using the beta of the service have confirmed a similar speed on the network. The TV connection and the landline will also rely on the internet, such that JIO TV will stream the TV channels in HD, and people will be able to make free calls through the landline. Even if we believe the rumours, the Jio TV will stream 600 TV channels for Rs. 600.

Also, unlike the other network providers, GigaFiber includes the dual-band Wi-Fi routers. Currently, the company is offering the GigaFiber beta connection for a security deposit of Rs 4500. The other plan includes a single-band router rendering speed of 50Mbps, which will cost the users a sum of Rs 2500.

GigaFiber can be a big game changer for Reliance as it may empower other home devices as well, and this way, people will not have the need for different service providers for separate home internet services.