December 02, 2016 2:19 PM 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: 55
Managing Director and Director
Age: 67
President of Network, Global Strategy, and Service Development
President of Devices Business
Senior Vice President
Age: 54
Compensation as of Fiscal Year 2016.

Reliance Jio Infocomm Limited Key Developments

Reliance Jio Announces the Acquisition of Spectrum

Reliance Jio Infocomm Ltd. (RJIL) announced that it has successfully acquired the right to use 269.2 MHz (UL+DL) spectrum across all 22 service areas in India in the recently concluded spectrum auction conducted by DOT, government of India. RJIL has renewed its expiring spectrum in 800 MHz, 1800 MHz and 2,300 MHz bands at 6.5% premium to reserve price. Through this acquisition, RJIL’s total spectrum footprint has increased to 1,108 MHz (UL+DL) with an average life of over 16 years. The payment to be made for the right to use of this technology agnostics spectrum for the period of 20 years is INR 136.72 billion.

Reliance Jio Infocomm Limited Presents at Telecoms World Middle East 2016, Sep-27-2016 11:40 AM

Reliance Jio Infocomm Limited Presents at Telecoms World Middle East 2016, Sep-27-2016 11:40 AM. Venue: The Conrad Hotel, Dubai, United Arab Emirates. Speakers: Tushar Dani, AVP Omnichannel and Ecommerce.

Pradeep Shrivastava Steps Down as Chief Marketing Officer of Reliance Jio

Reliance Jio is seeing resignations of several high-profile executives in its top management. After the exit of the chief digital marketing officer, senior vice president digital channels, Martijn de Jong, the chief marketing officer Pradeep Shrivastava too has reportedly stepped down. He was responsible for leading the marketing function for Reliance Jio.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
September 12, 2016
--
Merger/Acquisition
July 15, 2016
Reliance Communications Ltd., Spectrum Across 13 circles
Private Placement
July 14, 2016
--
 

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