je.st
news
Tag: reliance
EU report shows more work needed to avoid reliance on risky 5G suppliers
2020-07-24 13:58:00| Telecompaper Headlines
(Telecompaper) The EU countries are making progress implementing new security regulations for mobile networks, according to a first report from a coordinating group on implementing European Commission recommendations. However, more urgent work is needed on ensuring they avoid dependency on high-risk suppliers for 5G networks, the report found. A majority of the countries said their networks are exposed to risky suppliers, while few see sufficient ways to mitigate the risk.
Tags: work
report
needed
shows
Reliance Jio wants spectrum to trial homegrown 5G
2020-07-20 02:00:00| Total Telecom industry news
Jio’s ambitions of creating own 5G technology came earlier this year, when anonymous sources hinted at its development. “We are more scalable than these vendors and are fully automated since we have our own cloud-native platform. In 5G, we will totally be self-sufficient,” one insider said to The Economic Times…read more on TotalTele.com »
Tags: trial
spectrum
reliance
homegrown
Reliance Jio nearly triples quarterly net profit, sales up 27%
2020-05-01 08:55:00| Telecompaper Headlines
(Telecompaper) Indian operator Reliance Jio Infocomm reported a near tripling in its net profit for the fiscal fourth quarter to March, to INR 23.3 billion from INR 8.4 billion a year earlier. The customer base rose by 26.3 percent year-on-year to 387.5 million, and Jio added a net 17.5 million new customers in Q4 alone.
Facebook commits to India with $5.7bn stake in Reliance Jio
2020-04-22 02:00:00| Total Telecom industry news
Facebook have announced today that they have purchased a 10% stake in Indian operator Reliance Jio for the sum of $5.7 billion. The deal was first hinted at last month, but talks had been reportedly delayed due to the coronavirus. However, while the virus shows no signs of slowing in India, it seems that business must go on. The move represents Facebook&rsquo…read more on TotalTele.com »
Tags: india
reliance
facebook
stake
Facebook mulls acquisition of Reliance Jio stake report
2020-03-27 13:18:00| Telecompaper Headlines
(Telecompaper) Facebook seeks to acquire a multibillion-dollar stake in Reliance Jio. The Indian operator's mobile internet service has attracted nearly 370 million Indian customers in just three years, The Financial Times reports, citing two unnamed sources with knowledge of the discussions. According to one of these sources, Facebook nearly signed a preliminary deal for a 10 percent share in Jio, but the deal timetable was negatively impacted by the global lockdowns caused by the coronavirus outbreak.
Tags: report
acquisition
reliance
facebook