Jio
Indian telecommunications company / From Wikipedia, the free encyclopedia
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Jio is an Indian telecommunications company and a subsidiary of Jio Platforms, headquartered in Navi Mumbai, Maharashtra. It operates a national LTE network with coverage across all 22 telecom circles. Jio offers 5G, 4G and 4G+ services all over India and 5G service almost All Over India. Its 6G service is in the works.[5][6][7][8]
Jio | |
Company type | Subsidiary |
Industry | Telecommunications |
Founded | 15 February 2007; 17 years ago (2007-02-15) |
Founder | Mukesh Ambani |
Headquarters | Reliance Corporate Park, Ghansoli, Navi Mumbai, Maharashtra , India |
Area served | India |
Key people |
|
Products | |
Revenue | 11,000,000,000 United States dollar (2021) |
1,600,000,000 United States dollar (2021) | |
Total assets | 38,000,000,000 United States dollar (2021) |
Owner | Reliance Industries |
Members | 46.72 crore (467.2 million) (31 March)[2][3] |
Parent | Jio Platforms[4] |
Subsidiaries | LYF |
Website | jio |
Jio soft launched on 27 December 2015 with a beta for partners and employees,[9][10] and became publicly available on 5 September 2016. It is the largest mobile network operator in India and the third largest mobile network operator in the world with over 46.72 crore (467.2 million) subscribers.[3]
In September 2019, Jio launched a fiber to the home service, offering home broadband, television, and telephone services. As of September 2020[update], Reliance Industries has raised ₹1.65 lakh crore (equivalent to ₹1.9 trillion or US$24 billion in 2023) by selling nearly 33% equity stake in Jio Platforms.[11][12]