Jio
Reliance Jio Infocomm Limited, doing business as 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 4G and 4G+ services all over India and 5G service in many cities. Its 6G service is in the works.
Jio's headquarters in RCP, Navi Mumbai | |
| Jio | |
| Company type | Subsidiary |
| Industry | Telecommunications |
| Founded | 15 February 2007 |
| Founder | Mukesh Ambani |
| Headquarters | Reliance Corporate Park, Ghansoli, Navi Mumbai, Maharashtra , India |
Area served | India |
Key people |
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| Products | |
| Revenue | ₹90,287 crore (US$11 billion) (FY 2020–21) |
| ₹34,035 crore (US$4.3 billion) (FY 2020–21) | |
| ₹12,537 crore (US$1.6 billion) (FY 2020–21) | |
| Total assets | ₹305,965 crore (US$38 billion) (FY 2020–21) |
| Owner | Reliance Industries |
| Members | 42.62 crore (426.2 million) (31 March) |
| Parent | Jio Platforms |
| Subsidiaries | LYF |
| Website | www |
Jio soft launched on 27 December 2015 with a beta for partners and employees, 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 42.62 crore (426.2 million) subscribers.
In September 2019, Jio launched a fiber to the home service, offering home broadband, television, and telephone services. As of September 2020, 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.