Quick Answer: Why is everyone investing in Jio?

What is so special about Jio?

Type of Network:Jio is the only network which offers advanced 4G LTE technology on all its sites. Jio is also the only network in the country which offers VoLTE technology for voice calling on all of its sites.

Why has Google invested in Jio?

Primarily, Google hoped to use its investment in Jio to bring smartphones to more users in India, and it hopes that through this partnership with Jio, which reportedly has about 400 million users, will help its efforts.

Who is invested in Jio?

In all, Jio Platforms has raised capital from thirteen investors, including Facebook, Google, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton, Public Investment Fund of Saudi Arabia, Intel Capital and Qualcomm Ventures, for a total consideration of 32.9 per cent stake.

Is Airtel better than Jio?

Airtel’s plan might be more expensive, but it’s just as good

Since Airtel gives you 5GB of data more than Jio and Vodafone, and if you need at least 1GB of data per day, the Airtel plan is better for you.

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Why is Jio network not good?

The first step to fix the issue if Jio network is not working, Go to Settings, the simple way to get the signal back is to check for networks manually. You can do this by going to Settings> More> Mobile Networks> Network Operators> Manually Search> Eventually, pick ‘Reliance Jio’.

Which Jio recharge is best?

Best Unlimited Voice and Daily Data (1.5GB – 2GB)

If you are going with the 28-day validity plan the Rs. 249 plan is an ideal choice for you. You can also do the Rs. 666 recharge to get 56 days of validity with 2 GB daily data, and also a Disney+Hotstar subscription(1-year).

Is Jio free from 2am to 5am?

Jio users can enjoy 4G data for absolutely free between 2 am and 5am daily. This means the data that they consume between these hours will not get deducted from their daily allowance.

Which is best Jio plan?

Jio new prepaid plans 2021: Best Jio recharge plans with voice and data benefits in India right now

Jio recharge plans Benefits
Rs 349 Jio prepaid plan Unlimited calls 3GB data/day 100 SMS/day JioTV JioCinema JioNews JioCloud
Rs 399 Jio prepaid plan Unlimited calls 1.5GB data/day 100 SMS/day JioTV JioCinema JioNews JioCloud

Who invested in Jio in 2020?

Before Retail Retail, RIL had raised about Rs 1.52 lakh crore for Jio Platforms from global investors, including Facebook, Google, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton, Public Investment Fund of Saudi Arabia, Intel Capital and Qualcomm Ventures, for a total …

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What did Google just put 4 billion into?

Google in talks to invest $4 billion in Reliance’s digital arm, Bloomberg reports. BENGALURU (Reuters) – Alphabet Inc’s Google is in advanced talks to invest $4 billion for a stake in the digital arm of Indian conglomerate Reliance Industries Ltd, Bloomberg reported on Tuesday, citing people familiar with the matter.

What has Ambani invested?

Billionaire Mukesh Ambani on Thursday announced a ₹75,000 crore investment in setting up four ‘Giga’ factories to make solar photovoltaic cells, green hydrogen, batteries and fuel cells over the next three years.

How much did Mukesh Ambani invested for Jio?

Interestingly, Google’s $4.5 billion cheque and Facebook’s $5.7 billion investment were a cheaper deal than the rest.

Mukesh Ambani gave Google and Facebook a discount on Reliance Jio stake ⁠— here’s why.

Company Vista
Investment in Jio ₹11,367 crore
Stake in Jio 2.32%
Equity value ₹4.91 lakh crore

Is Jio is in profit or loss?

Reliance Jio has reported a profit decline of nearly 4% with net profit of ₹3,508 crore. During the March quarter, Jio added over 15 million new subscribers, after a disappointing December quarter. Jio also witnessed a major slump in average revenue per user (ARPU), which fell to ₹138.2, a decline of over 8%.

Is Jio making any profit?

Reliance Jio, the telecom arm of Reliance Industries Limited (RIL), recorded a 47.5 percent year-on-year profit in the fourth quarter of financial year 2021. The company posted a net profit of Rs 3,508 crore, as compared to Rs 2,379 crore in the same period last year.

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