2. NEW DELHI | KOLKATA: Reliance Jio Infocomm, owned by
billionaire Mukesh Ambani, will make its long-awaited commercial launch of
high-speed broadband services in December, more than five years after re-
entering the telecom sector. The move could dramatically alter
the industry landscape in the world’s fastest-growing major economy, experts
said.
Ambani unveiled details of Jio’s fourth-generation (4G) services on Friday at the
41st annual general meeting of parent Reliance Industries Ltd (RIL). The
company will offer data and voice services at half or less than half the current
rates. The offerings will include instant messaging, live TV, movies on demand,
news, streaming music and a digital payments platform, said the RIL chairman.
"I am confident that Jio will play a significant role in lifting India from its current
142nd rank on Internet penetration to among the top 10 nations in the world,"
Ambani said.
"Digital currency, digital commerce, digital education, digital healthcare, e-
governance, M2M and the Internet of Things, smart cities …I won’t be
exaggerating if I say that each of these areas is ripe for hundreds of thousands of
entrepreneurial ventures."
3.
4. New Delhi: Telecom operator Reliance Jio dominated
the telecom sector in July by adding over 10 times more
subscribers than total new customers added by rest of
the players, according to data released by TRAI on
Tuesday.
The total telecom subscriber base in July grew by less
than 1 percent to 117.93 crore with the net addition of
over 1 crore customers after taking in loss of around 24
lakh customers jointly by Tata Teleservices, Reliance
Communications and MTNL.
The mobile customer base increased to 115.7 crore in
July from 114.64 crore in June. Reliance Jio led the
growth in mobile segment by adding over 1.17 crore
customers while the rest of the players could add
altogether 11.53 lakh customers.
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8. Reliance jio created monoply in saturated
market of telecom sector.
Mukesh ambani brings growth hacking
strategies and formulas of addicted customers
which let ambani created a monoply of jio in
stautrated market
9. Reliance company Ltd. is making room to add as much as 200 billion rupees ($3
billion) to borrowings, using its cash buffer to manage rising funding costs and
$13 billion of maturities over the next three years.
The billionaire Mukesh Ambani-led company will seek approval to issue
redeemable non-convertible debentures at its July 5 shareholder meeting in
Mumbai, it said in its latest annual report, without specifying how the money will
be used. Reliance has total debt of about $33 billion, more than half of which is
due for repayment by 2022, according to data compiled by Bloomberg.
The retail-to-refining conglomerate’s debt has tripled over five years as it
invested $37 billion in a telecom venture and to bolster its traditional
petrochemicals business. Its latest plan extends a strategy of raising cheaper debt,
riding on its better-than-sovereign ratings, while also actively investing about $12
billion in reserves to generate returns.
The cash “helps them manage their debt-raising at the most optimal interest
rates,” Vishal Kulkarni, a Singapore-based analyst at S&P Global Ratings, wrote
in an email. “Historically the company has been able to keep their cash invested
in financial assets that provided returns more than their costs of funding --
thereby avoiding any negative costs of carry.”
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13. Reliance jio’s turnover build a huge mountain
of money
Reliance jio monthly turnover is 10 thousand
crores
Reliance jio yearly turnover is 1.2 lakh crores
This turnover will brings this company above
the sky in near future
14. Business is all about strategies and formulas
which you have to implement in your business
Only that business will success of take care of
its customer rather than fraud
Business is run always around j curve
15. OUR MIND IS SO POWERFUL IT
CAN MAKE YOU OR IT CAN
BREAK YOU YOU CAN BECOME
STRONGLY MENTAL OR YAN
BECOME MENTALY STRONG ITS
ALL UP TO YOU.