Reliance

Jio Platforms claimed its 5G user base topped 108 million subscribers at the end of fiscal Q4 2024, with 28 per cent of all wireless data carried on the network.

Reliance Jio's holding company Jio Platforms was tipped to move ahead with an IPO, with The Economic Times reporting some of its private-equity investors are looking to cash out after making large investments in 2020.

India's largest mobile player Reliance Jio signed a deal with challenger handset manufacturer OnePlus to establish a 5G innovation lab in the country.

Reliance Jio could be set to receive landing rights and necessary authorisation required to launch a satellite-powered fibre service in India this month, Economic Times reported.

Jio Platforms continued a years-long streak of quarterly profit and sales gains in fiscal Q2 2024 (ending 30 September), adding 32 million mobile subscribers and boosting ARPU.

Reliance Jio Infocomm unveiled satellite communications play JioSpaceFiber, a service it claims will be capable of delivering gigabit speed broadband to the most remote parts of India.

Reliance Jio reportedly called on India’s government to widen the use of E-band spectrum to include access services along with backhaul, arguing economic benefits for last mile broadband deployments over fibre.