Intel corp has announced partnering up with Reliance Jio to work on 5G network technology. Last year Intel’s venture capital unit invested $250 mn in Reliance Jio. Intel will be working on its 5G RAN with Jio along with other things. Intel saw a 20% growth in networking chips in 2020 and a part of it was due to their investment in FlexRAN 10 years ago. FlexRAN allows carriers or software firms to write code for 5G networks.
Reliance Jio has launched Jio Business in India to digitally transform and cater to the digital connectivity needs of over 50 mn Micro, Small and Medium Businesses (MSMBs). This new program offers three kinds of advantages to businesses — enterprise-grade fibre connectivity with voice and data services; digital solutions; and devices for leveraging digital solutions. Jio has introduced seven new Jio Business tariff plans, especially for MSMBs.
A 20-acre data centre facility is being set up in Uttar Pradesh with an investment of about $950 mn by Reliance Jio and it is likely to be powered by the company’s own renewable energy plant. The centre consists of six interconnected data centre buildings with over 30,000 racks capacity and 200MW of power. This also pushes the government’s goal to boost India’s digital economy to $1 trillion by 2025.
Reliance Jio is in advanced talks with OEMs to launch its own IoT services. Teleco’s pan-India IoT network-based, launched in partnership with Samsung, is already operational. Jio, as per media reports, has developed a comprehensive solution with the device, diagnostics, connectivity, platform and support. Jio aims to connect a billion connected IoT devices to its platform, unlocking Rs 20,000 cr opportunity per year.
Reliance Jio may roll out 5G telecom services in the second half of 2021.” Policy steps are needed to accelerate the early rollout of 5G, and to make it affordable and available everywhere. I assure you that Jio will pioneer the 5G Revolution in India in the second half of 2021″ said RIL Chairman and owner of Reliance Jio Mukesh Ambani. He was speaking on the first day of India Mobile Congress, inaugurated by PM Narendra Modi.
Telecom giant Reliance Jio has added more than 3.5M users in July while Vodafone Idea Limited lost 3.7M in the same period, according to a report by TRAI. Reliance has crossed 400M subscribers. However, its inactive user base was also higher than that of Vodafone Idea and Bharti Airtel. With a market share of 35.03% at 40 Crore subscribers, Reliance Jio now dominates India’s mobile market.
The Competition Commission of India (CCI) has lately been probing Google for the allegations that it uses its market dominance negatively. The agency is set to ask Google whether its purchase of 7.73% stake in Jio Platforms would entail any sharing of data in a way that could hinder the progress of the competition. Among the things being studied by the CCI are how much of Google’s investment in Jio Platforms would go into handset development and manufacturing.
Intel Capital and Qualcomm Asia Pacific have pumped Rs 2625.50 Crore in Jio Platform – the digital arm of Mukesh Ambani-led conglomerate. Intel has invested Rs 1894.50 Cr and hence has acquired a 0.39% equity stake in Jio Platforms. Qualcomm, on the other hand, has invested Rs 730 Crore, getting 0.15% equity stake. These investments were part of Jio Platforms’ over Rs 1.52 L Cr fund raising exercise by divesting minority stake to multiple tech firms.