MoneyWorks4Me

Reliance Industries’ telecom arm crosses 2 crore-plus customer base in Karnataka

29 Jul 2020 Evaluate

Reliance Industries’ (RIL) telecom arm Reliance Jio Infocomm (Jio) has now a subscriber base of over 2 crore-plus customers in Karnataka. It has grown constantly in spite of the telecom industry seeing a continuous decline in numbers.

Jio plans to connect 20 lakh plus homes across various cities in the ongoing phase of JioFiber launch in Karnataka. JioFiber assures customers speeds up to 1 Gigabyte (starting with 100 MBPS speed) & host of multiple OTT platform content inbuilt like Amazon Prime, Disney + Hotstar, Zee5, AltBalaji, Colors, SunNxt, Voot etc through 4K HD set top box.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

Peers
Company Name CMP
Reliance Industries 1191.20
Indian Oil Corpn. 129.05
Bharat PetroleumCorp 290.40
HPCL 337.05
MRPL 174.60
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