0
Wireless

Reliance Jio plans INR 300 bln rights issue to grow further

Tuesday 17 January 2017 | 14:59 CET | News
Always wanted to know everything about the Dutch Telecoms market? Then the online Masterclass Introduction Dutch Telecom market is for you! Please enroll here!
Reliance Jio Infocomm, the newest mobile operator in India, ended 2016 with a total 72.4 million subscribers. The company started by energy group Reliance Industries launched last September and claims to be the fastest growing technology operation in the world, after signing up 50 million subscribers in just 83 days. To finance the continue growth, Reliance Industries announced plans for a rights issue of convertible preference shares at Jio to raise INR 300 billion (USD 4.4 billion). Jio is winning over subscribers with an introductory and now New Year offer of free services for a limited

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Airtel / Reliance Industries / Reliance Jio / TRAI
Countries: India
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Jio grows to 109 mln mobile customers, plans FTTH expansion

Published 25 Apr 2017 14:11 CET | India
India's newest mobile operator Reliance Jio Infocomm ended March with a total 108.9 million customers, eight months after ...

Jio deploys Airspan small cells on LTE network

Published 28 Feb 2017 07:54 CET | India
Airspan Networks has integrated its small cells into the LTE network of Indian mobile operator Reliance Jio Infocomm (Jio). Jio ...

Reliance Jio launches 'Prime Membership' programme

Published 23 Feb 2017 08:08 CET | India
Indian operator Reliance Jio Infocomm (Jio) Jio has introduced two offers for its customers. Users can now opt for the 'Everyday ...

Reliance Jio to start charging from April

Published 22 Feb 2017 08:41 CET | India
Indian operator Reliance Jio announced that it will start charging for its services from 01 April and unveiled its new plans. The ...

Bharti Airtel mulls sales, mergers in Africa to cut debt

Published 23 Jan 2017 09:53 CET | Africa
Bharti Airtel is investigating the sale or merger of some of its African interests in an attempt to cut a USD 12 billion debt ...

Vodafone, Idea deny any possible merger with Reliance Jio

Published 11 Jan 2017 15:36 CET | India
Top sources at Vodafone and Idea Cellular have denied any possible merger with Reliance Jio, according to an article on the ...

RJio's free services offer to shrink revenues - study

Published 07 Dec 2016 13:44 CET | India
Reliance Jio Infocomm (RJio) has recently announced it extends its free services until 31 March 2017. The extension of free ...

Reliance Jio launches Happy New Year Offer

Published 02 Dec 2016 07:16 CET | India
Indian operator Reliance Jio Infocomm has introduced the 'Jio Happy New Year Offer (JNO)'. Starting 4 December, all Jio ...

Reliance Jio passes 50 mln subscribers in first 83 days

Published 02 Dec 2016 07:06 CET | India
Indian operator Reliance Jio Infocomm has announced it has passed the milestone of 50 million subscribers in just 83 days from ...

Reliance Jio secures 269.2 MHz of spectrum for INR 136 bln

Published 07 Oct 2016 08:47 CET | India
Indian operator Reliance Jio Infocomm has announced it has acquired the right to use 269.2 MHz (UL+DL) spectrum across all 22 ...

Vodafone triples interconnect points for Reliance Jio

Published 16 Sep 2016 09:05 CET | India
Vodafone India announced it will triple the amount of interconnect points with the the new mobile operator Reliance Jio. This ...

Reliance Jio unveils pricing ahead of 5 September launch

Published 01 Sep 2016 12:26 CET | India
India's new mobile operator Reliance Jio has unveiled its price plans, at parent company Reliance Industries' annual shareholders ...

Reliance Jio offers 90-day free trial with new phones

Published 31 Aug 2016 15:21 CET | India
India's newest mobile operator Reliance Jio has announced a special launch offer with smartphone makers. Consumers buying ...





Calendar   /   Industry Events

22 Oct Nordic Entertainment Q3 2020
22 Oct Limelight Networks Q3 2020
22 Oct Intel Q3 2020
22 Oct Verimatrix Q3 2020
22 Oct Econocom Q3 2020
22 Oct AT&T Q3 2020
22 Oct STMicroelectronics Q3 2020
22 Oct VeriSign Q3 2020
22 Oct Rogers Q3 2020
23 Oct Doro Q3 2020
23 Oct Orange Belgium Q3 2020
23 Oct Airtel Africa H1 results
26 Oct Harmonic Q3 2020
26 Oct Alphabet Q3 2020
26 Oct Twilio Q3 2020
26 Oct CCW Europe 2020
27 Oct Akamai Technologies Q3 2020
27 Oct Microsoft fiscal Q1
27 Oct Megacable Q3 2020
27 Oct Telefonica Brasil Q3 2020
27 Oct A10 Networks Q3 2020
27 Oct Juniper Networks Q3 2020
27 Oct Siminn Q3 2020
27 Oct Sequans Communications Q3 2020
28 Oct Belden Q3 2020
28 Oct Extreme Networks fiscal Q1
28 Oct ZTE Q3 2020
28 Oct 8x8 fiscal Q2
28 Oct KPN Q3 2020
28 Oct Telecoms World Asia 2020
::: More Calendar Items