JioFiber launched: Offers, plans, price details inside

Jio announced the commencement of JioFiber, its Fiber-to-the-Home service to be provided across 1,600 cities in India yesterday.

Brookfield to invest Rs 25,215 cr in Reliance's telecom tower arm

This is the second investment this year that Brookfield is making in a venture controlled by richest Indian Mukesh Ambani.

Telecom equipment maker Ericsson received 4.62 billion rupees ($67.42 million) from RCom as unpaid dues.

The report said that Jio is targeting to improve its financial performance before the IPO.

Ambani also said that with technology, he believes the world will change more in the next 20 years than it did in last 300 years.

Jio has introduced Rs 1,999 plan which will have six months validity and offer 125 GB data at unrestricted high speed.

Bharti Airtel announced last week it was acquiring consumer mobile business of Tata's telecom arms.

The plan, which is aimed at pre-paid users of Vodafone, also includes free voice calls.

About 6 million Jiophones were booked by people in three days when the company opened pre-bookings of the 4G feature phone in August.

The recharge will lock in all the existing tariff benefits currently being offered under the Rs 399 plan.