Indian telco reports revenue was up by a third, EBITDA grew by over 55%, and net profit rose by 183%. …read more Source:: Open Source S
Tag: reliance
Reliance Jio receives ₹6,600 crore investment from General Atlantic
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•With a 1.34% equity stake in Jio Platforms, General Atlantic said it wants to accelerate the Indian economy and drive digital connectivity. …read more Source:: Open Source S
The Facebook-Reliance tango is great for both companies, but is it good for India?
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•The coming together of these two giants has important ramifications for how India will consume physical goods and data. …read more Source:: Open Source S
Reliance Jio added 90 million subscribers during 2019 to sit at 370 million
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•Reliance digital services segment sees revenue and EBITDA increase by more than a third for Q3. …read more Source:: Open Source S
Sydney farewells reliance on Opal card across public transport network
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•Commuters can use their debit and credit cards on ferries, trains, and now buses in lieu of an Opal card in Sydney. …read more Source:: Open Source S
Reliance Jio and Microsoft sign 10-year cloud agreement
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•Jio plans to deploy Microsoft Azure in its data centres, connectivity infrastructure, and use it to develop cloud-based business solutions. …read more Source:: Open Source S
Reliance Jio hits 300 million customers
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•Reliance Jio added 120 million customers during the year, with the Indian carrier clocking in at 307 million customers by the end of FY19. …read more Source:: Open Source S
Reliance Jio’s Q3 net profit climbs to $119m while ARPU declines
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•The Indian telco has posted net profit of $119 million, an increase of 65 percent year on year. …read more Source:: Open Source S
Reliance acquires Radisys for 5G and IoT
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•Radisys’ focus on virtualised software-based telco solutions will improve Reliance Jio’s ‘leadership’ across 5G and IoT, the companies have said. …read more Source:: Open Source S
Reliance invests $180m in AI education platform Embibe
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•The Indian conglomerate has acquired 72.69 percent of shares in the edtech company with an investment of $180 million over three years. …read more Source:: Open Source S