Jio
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.
Jio's headquarters in RCP, Navi Mumbai | |
Trade name | 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 |
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| Revenue | ₹115,099 crore (US$14 billion) (FY 2022–23) |
| ₹34,035 crore (US$4.3 billion) (FY 2020–21) | |
Net income | ₹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 | 46.72 crore (467.2 million) (31 March) |
| Parent | Jio Platforms |
| Subsidiaries | LYF |
| Website | jio |
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 46.72 crore (467.2 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.