Tag: Reliance Jio

India concludes underwhelming 5G spectrum auction 

India’s latest 5G spectrum auction completed on Wednesday after seven rounds. The government collected 113.40 billion rupees ($1.35 billion) from the auction, which was far less than the total spectrum on sale, simply because demand for the spectrum is too low. The sale fell short of the 962.38 billion rupees worth of spectrum on offer. 

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Jio releases ‘Jio Brain’ AI platform 

Jio Platforms, the parent company of Reliance Jio, India’s largest mobile operator, has announced the launch of its new artificial intelligence platform named ‘Jio Brain’. ‘The platform is a result of two year’s research and development focussing on generative AI.

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Reliance Jio applies to enter Sri Lanka 

Jio Platforms, the telecoms arm of Reliance Industries, is one of three companies who have expressed an interesting in purchasing the Sri Lankan government’s 50.23% stake in the state-owned firm, Sri Lanka Telecom PLC (SLT). SLT is the largest telco in the country, connecting over 8.5 million subscribers. 

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