0
General

Reliance separates Jio in new subsidiary, takes over debt

Monday 28 October 2019 | 09:28 CET | News
Reliance Industries announced plans to separate its telecom business Reliance Jio Infocomm into a new company to develop digital services. The creation of the new subsidiary will also lead to a restructuring of debt generated from growing Jio. 

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: General
Companies: Reliance Industries / Reliance Jio
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

Facebook mulls acquisition of Reliance Jio stake – report

Published 27 Mar 2020 13:18 CET | India
Facebook seeks to acquire a multibillion-dollar stake in Reliance Jio. The Indian operator's mobile internet service has ...

Reliance Jio confirms deal to sell 130,000 towers to Brookfield for USD 3.7 bln

Published 16 Dec 2019 14:00 CET | India
India's Reliance Industries has confirmed a deal to sell the towers network of its mobile unit Jio to Brookfield Infrastructure ...

Jio adds 24 mln subscribers in September quarter

Published 22 Oct 2019 09:10 CET | India
Indian mobile operator Reliance Jio ended September with 355.2 million subscribers. The operator added 24 million in the quarter ...

Jio, Samsung demo 5G, LTE use cases at IMC 2019

Published 15 Oct 2019 15:23 CET | India
Samsung and Jio will jointly exhibit live applications of 5G. The trial will feature services from Samsung Networks' 5G product ...

Jio starts charging for off-net calls

Published 14 Oct 2019 13:07 CET | India
Reliance Jio has started charging for off-net calls, a first since the challenger launched on the Indian market in 2016. The ...

Reliance to commercially launch Jio Fiber service on 5 September

Published 13 Aug 2019 08:15 CET | India
Reliance will commercially launch its Jio Fiber services across India on 5 September. The offer will include 4 tariff plans with ...