RIL chairman and managing director Mukesh Ambani on Monday announced that Reliance Jio Fiber services will be launched on September 5, 2019. It is to be noted that on September 5, Jio will celebrate its third anniversary.
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27 January 2021
Jio Platforms Ltd, which recently achieved high speed of 1Gbps in initial testing stages, will now test on a larger scale. The rollout of 5G will, however, be announced only after the spectrum auction.
Jio stated that the technology was home-grown and completely indigenous.
Reliance Digital Platforms said the indigenously developed 5G Radio integrated with Jio’s 5G Core Network and 5G smartphones to achieve over the air throughputs in excess of 1 Gbps. In-house Massive MIMO and indoor 5G small cell under advanced stages of development.
The video chat app JioMeet crossed 15 million users and is now evolving as a complete platform with solutions for different segments like large enterprises, healthcare industry, educational and government institutions.
Jio Platforms Ltd Q3FY21 PAT rises 15.5% QoQ
Posted On: 2021-01-22 07:50:15 (Time Zone: Arizona, USA)
JIO PLATFORMS LIMITED (JPL) has achieved a milestone this quarter with annualised revenue run-rate in excess of US$ 10 billion with strong Revenue and EBITDA growth.
- Consolidated Value of Services, including access revenues, grew by 5.3% Q-o-Q to ₹ 22,858 crore on back of higher ARPU and FTTH expansion.
- Consolidated EBITDA grew by 6.4% Q-o-Q to ₹ 8,483 crore and EBITDA margin of 43.6% up from 43.1% Q-o-Q owing to growing revenue and operating leverage.
- Consolidated Net Profit grew by 15.5% to ₹ 3,489 crore, Q-o-Q
- Total Customer base as on 31st Dec 2020 of 410.8 million, net addition of 5.2 million customers.