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Reliance Jio invests in Hathway, Den Networks to speed fibre roll-out

2018-10-18 13:53:00| Telecompaper Headlines

(Telecompaper) Reliance Industries (RIL) has acquired a 66 percent stake in Den Networks and 51.3 percent in Hathway Cable and Datacom in order to expand into the fixed broadband market. The acquisitions of the cable networks is expected to support its plan to bring fibre broadband to 50 million homes across India.

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Reliance Jio Q2 earnings rocket as 617m Hathway, DEN deals inked

2018-10-17 02:00:00| Total Telecom industry news

Reliance Jio Infocomm reported a sizeable increase in revenues in the second quarter of the current financial year, while earnings before interest and tax grew eight-fold, according to the first announcement from parent company Reliance Industries' board meeting on Wednesday…read more on TotalTele.com »

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Reliance Industries eyes Hathway acquisition to speed up GigaFiber rollout

2018-10-03 02:00:00| Total Telecom industry news

Reliance Jio's parent company, Reliance Industries, is reportedly in talks to acquire India's largest cable operator Hathway Cable and Datacom.  The deal would allow Reliance Jio to expedite the proposed roll out of its GigaFiber full fibre broadband services across the sub…read more on TotalTele.com »

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Bharti Airtel, Reliance Jio vie for Aircel assets

2018-09-20 02:00:00| Total Telecom industry news

Bharti Airtel and Reliance Jio Infocomm are both said to have submitted bids for various assets belonging to insolvent mobile operator Aircel. Livemint reported on Thursday that network vendor Sterlite Technologies and two investment firms are also among the bidders…read more on TotalTele.com »

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RCom completes the sale of its fibre optic network to Reliance Jio

2018-08-28 02:00:00| Total Telecom industry news

Indian telecommunications firm Reliance Communications (RCom) has completed the sale of its fibre optic network to Reliance Jio, in a deal worth around $4.2 billion. RCom has been looking to sell off its telecoms assets to alleviate spiralling levels of debt and the sale of its fibre optic network to Jio will go some way to balancing the company's balance sheet…read more on TotalTele.com »

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