Question: Who Is The Current CEO Of Jio?

Is Jio Chinese company?

This made Jio Platforms the first-ever Indian company to have 5G capabilities.

Qualcomm is one of the world’s leading wireless technology firms, which works on the development, launch, and expansion of 5G..

Does Jio has its own towers?

Reliance Jio lnfratel has a portfolio of about 130,000 telecom towers that form the backbone of Reliance Jio Infocomm’s network. There are plans to build additional towers and the total number of towers is expected to reach approximately 175,000 towers.

Why is Jio so cheap?

I think it is so cheap because Jio works on internet, which is the latest technology. … The 4G network made by Jio all over India during the past two years was by spending about two and half lakh crores rupees, according to a report.

Is Jio subsidiary of Reliance?

Jio Platforms Ltd is an Indian technology company and a subsidiary of Reliance Industries Limited. Established in 2019, the company owns India’s largest mobile network operator Jio and other digital businesses of Reliance.

Is Jio a loss?

Jio lost subscribers only in these two states while it gained in the rest. … Jio had over 94.48 lakh subscribers in Haryana in November that dipped to over 89.07 lakh in December. On the other hand, Airtel had over 49.56 lakh subscribers in Haryana in November that increased to over 50.79 lakh subscribers in December.

What is full name of Jio?

Reliance Jio Infocomm LtdReliance Jio Infocomm Ltd (popularly known as Jio), is a mobile network operator in the country. It is owned by Reliance Industries, headquartered in Mumbai.

Who is Jio company owner?

Jio PlatformsJio/Parent organizations

Is Jio and Reliance same?

📱 Reliance Jio (Jio for short): In 2019, RIL decided to reorganize its telecom and digital-facing business by setting up a wholly-owned subsidiary for digital platform initiatives, Jio Platforms. Jio Platforms include its telecom venture Reliance Jio Infocomm, with a user base of 400 million.

Is Airtel running in loss?

The company had posted a consolidated net loss of Rs 23,045 crore in the same quarter last year, after provisioning for the adjusted gross revenues (AGR) dues. …

Is Airtel in loss?

Bharti Airtel on Tuesday reported a net loss of ₹763 crore for the quarter ended September 30, 2020, even as it posted its highest-ever consolidated quarterly revenue at of ₹25,785 crore driven by a rise in data usage and new 4G users.

Is Jio making profit?

Reliance Industries telecom unit Jio on Thursday posted a 87.65 per cent rise in standalone net profit at Rs 5,562 crore for the financial year ended March 31, 2020, as compared to Rs 2,964 crore in FY19, driven by continued subscriber additions and partial impact of tariff hike undertaken in 3QFY20.

How many companies Mukesh Ambani?

7 companies7 companies owned by Mukesh Ambani’s Reliance Industries Limited.

Will Jio buy Reliance Communication?

On Monday, the Mukesh Ambani-led company also submitted to the court that it is not interested in acquiring the spectrum or any asset of RCom, owned by Ambani’s younger brother Anil Ambani. Jio also said it has not submitted any resolution plan to acquire RCom under the Insolvency and Bankruptcy Code (IBC).