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Radisys Corporation, a wholly-owned subsidiary of Jio Platforms Limited and a global leader in open telecom solutions, announced on Friday that it has completed the acquisition of Mimosa Networks Inc. (Mimosa) from Airspan Networks Holdings Inc. Mimosa brings a diverse portfolio of point-to-point and point-to-multi-point connectivity products leveraging unlicensed spectrum bands. These products enable the rapid rollout of multi-gigabitper-second Fixed Wireless Access networks and wireless ...
Radisys acquires Mimosa to accelerate availability of broadband access for advancing societies
Jio Platforms on Tuesday announced that it is collaborating with domestic file storage and sharing platform DigiBoxx to develop innovative data storage solutions and further meet the cloud consolidation needs of Jio's existing and future consumer base. With this collaboration, in addition to the currently offered storage space of 20GB, users can avail an extra 10GB of space on DigiBoxx by signing up via the JioPhotos app. "We are pleased to have DigiBoxx, a made-in-India storag...
Jio, DigiBoxx to develop innovative data storage solutions
New Delhi : SankhyaSutra Labs, a Bengaluru-based subsidiary of Jio Platforms Ltd that makes high-fidelity multi-physics and aerodynamics simulation software, is showcasing its products and solutions at the Drone Festival of India 2022, being held on May 27-28 at Pragati Maidan in New Delhi. It has planned a major product launch in October this year. Through its indigenously developed state-of-the-art software tools for Computational Fluid Dynamics (CFD), SankhyaSutra aims to promote t...
SankhyaSutra Labs showcases Made-in-India Software for Aerospace and Defence at Drone Festival of India 2022
Investment to expedite Glance’s vision of bringing Internet to Smartphone Lock Screens Globally Highlights: · Glance is disrupting the way internet is experienced by bringing it directly on the lock screen - removing the need for search and breaking barriers of downloading apps · It will use the funds raised to double down on growth in Asia as well as launch in key global...
Jio Platforms to invest US$200 million in Glance
As Elon Musk-owned Starlink struggles to enter the Indian market, Jio Platforms Ltd and global satellite-based content connectivity solutions provider SES on Monday announced a joint venture to deliver affordable broadband services in the country via satellite technology. Jio has entered into a multi-year capacity purchase agreement, with a total contract value of $100 million. Called 'Jio Space Technology Limited', the venture will use multi-orbit space networks that is a combi...
Jio joins SES to deliver affordable satellite-based Internet across India
Jio Platforms Ltd on Friday reported a 44.9 per cent increase in its net profit for the April-June quarter, at Rs 3,651 crore. During the same period of last fiscal, the company had reported a net profit of Rs 2,519 crore. Its revenue from operations during the period under review was Rs 18,952 crore, higher by 9.8 per cent on a year-on-year basis. Jio's average revenue per user (ARPU) for 1Q FY22 was Rs 138.4, with improved subscriber mix and better seasonality being offset by C...
Jio Platforms logs 45% rise in Q1 net profit at Rs 3,651 cr
BENGALURU (Reuters) - India's Reliance Industries doubled its quarterly profit but missed analysts' estimates as a rebound in its oil-to-chemicals business and healthy retail sales failed to counter a 10% jump in overall costs. The oil-to-telecoms conglomerate, led by billionaire Mukesh Ambani, said on Friday consolidated profit climbed to 132.27 billion rupees ($1.79 billion) in the fourth quarter, from 63.48 billion rupees a year earlier. Analysts on average had expected a profit...
Reliance Industries doubles profit on Petchem rebound
Jio Platforms is among the most influential companies in the world, according to the 2021 TIME 100 Most Influential Companies. As per the TIME magazine, over the past few years, Reliance Industries has built India's largest 4G network by charging some of the lowest data rates in the world. Now leading investors are turning to Jio Platforms, the holding company for Reliance's digital businesses, to reach its more than 410 million subscribers, it said. "Last year, Jio rais...
Jio Platforms among TIME 100 most influential companies
New Delhi, March 25 Jio Content Distribution Holdings Private Limited, Jio Internet Distribution Holdings Private Limited and Jio Cable and Broadband Holdings Private Limited has issued a notice of the proposed offer for sale (OFS) of the equity shares of Hathway Cable & Datacom. As per a stock exchange filing, the sellers propose to sell in aggregate up to 33.79 crore shares held by the sellers in the company, representing 19.09 per cent of the total issued and paid-up equity share ca...
Hathway Cable OFS opens on Friday
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