September 22, 2017 1:03 AM ET

Diversified Telecommunication Services

Company Overview of Reliance Jio Infocomm Limited

Company Overview

Reliance Jio Infocomm Limited provides broadband services to customers using WI-MAX as access technology pan India. The company was formerly known as Infotel Broadband Services Limited and changed its name to Reliance Jio Infocomm Limited in January, 2013. The company was incorporated in 2007 and is based in Mumbai, India. Reliance Jio Infocomm Limited operates as a subsidiary of Reliance Industries Limited.

Makers Chambers IV

9th Floor

222 Nariman Point

Mumbai,  400 021

India

Founded in 2007

Phone:

91 22 4477 0000

Key Executives for Reliance Jio Infocomm Limited

Chief Executive Officer
Age: 56
Managing Director and Director
Age: 68
Chief Financial Officer
President of Network, Global Strategy & Service Development and Director
President of Devices Business
Compensation as of Fiscal Year 2017.

Reliance Jio Infocomm Limited Key Developments

Reliance Jio And HFCL Reportedly In Merger Talks

The rumors of Reliance Jio Infocomm Limited and and Himachal Futuristic Communications Limited (BSE:500183) (HFCL) announcing a merger are paving the way for Jio's listing are driving up its share price. The shares of HFCL rallied by 10% on September 14, 2017 as market buzz suggested the merger to be announced during HFCL's annual general meeting on September 25. The base of the rumor is a fact that Ambani and the Nahata family, promoters of HFCL, are close business associates. While Ambani owns 99% stake in Jio, the Nahatas are said to own nearly 1% stake in it. In fact, it was an arrangement between the Nahatas and Ambani that paved way for Mukesh's re-entry into telecom sector in 2010, nearly 7-8 years after he gave up Reliance Communications to Anil Ambani upon division of the family assets.

Reliance Jio Infocomm Limited Presents at DataWorks Summit/Hadoop Summit in Sydney, Sep-20-2017 03:10 PM

Reliance Jio Infocomm Limited Presents at DataWorks Summit/Hadoop Summit in Sydney, Sep-20-2017 03:10 PM. Venue: International Convention Centre, Sydney, Australia. Speakers: Tareq Amin.

Reliance Jio Infocomm to Launch 4G, VoLTE Feature Phone

Reliance Jio Infocomm will be launching 4G, VoLTE feature phones. These phones, pre-bookings for which would begin from August 24, 2017 and deliveries from September. The phone comes for INR 1,500, which has been called a refundable security - users can get it back by returning the phone after 36 months. The base tariff is INR 153 a month, which offers free voice calls and 0.5 GB data a day. The other pack offers 1 GB a day for 56 days for INR 309.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
July 20, 2017
--
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Tax Management Inc United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Reliance Jio Infocomm Limited, please visit www.jio.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.