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Reliance Jio to see phase-wise launch in 2015

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MUMBAI: The annual general meeting (AGM) of Reliance Industries was much awaited. With the talk around the company only growing in the past few weeks after it acquired Network18, eyes were fixed on the probable outcome of this meeting. The 40th AGM which was held today, saw RIL chairman Mukesh Ambani highlighting the future of the much awaited 4G broadband network in the country under the brand of  Reliance Jio.

 

“I had shared the vision of this initiative, Jio- of a digital India- last year and of the unique opportunity that we have to maximise the benefits of the digital age. Digital services will help contribute significantly to the Indian economy and help improve lives of our 1.25 billion countrymen,” he said while addressing shareholders at the AGM.

 

He also informed the shareholders that limited set of trials for Jio are already underway and the expanded trials would begin from August 2014 which would continue through 2014 and early 2015. “The year 2015 will see the phased launch of Reliance Jio across India. Millions of customers would have started to use the digital platform and services in their daily lives. The fruits of the tremendous value created by this (Jio) Rs 70,000 crore initiative would start to flow,” he stated.

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The broadband service will cover all states at launch accounting for 90 per cent urban India and 215,000 villages. Eventually it will cover over 600,000 villages. “They would ensure that every Indian has access to the state-of-the-art digital connectivity and services that are on par with or better than anywhere else in the world,” said Ambani proudly. 

 

Assuring the shareholders about its future, Ambani emphasised, “Reliance Jio will be one of the largest job-creating and wealth-creating business initiatives in India.” Currently 10,000 full time employees are working on Jio along with 30,000 professionals from Reliance’s partners and vendors across the world. This apart, he said that 100,000 people are working across India in creating the digital infrastructure backbone for the network. “Millions of new entrepreneurs and jobs can be expected to spring up in the tertiary and secondary sectors in new and innovative digital enterprises and services,” he added.

 

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Throwing light on the reason for acquisition of Network18, Ambani said, “The acquisition through an open offer of Network18 media and investments and its subsidiary TV 18 broadcast by Independent Media Trust, the sole beneficiary of which is Reliance Industries is one aspect of the digital services play.” He stated that this would strengthen its 4G business at the intersect of telecom, web and digital commerce and the media through a suit of premiere digital properties.

 

The reason for strengthening its large projects, one of which is Jio is to get Reliance Industries closer finding its way into the presetigious list of  Fortune 50 companies. He added: “Our efforts and focus over the next two years will be to intensify these initiatives and have them reach out to more citizens across the social spectrum. Reliance will be moving from investing in India’s economic future to integrating deeper with India’s social fabric.” 

 

The AGM was also significant as it saw the appointment of Mukesh Ambani’s spouse Nita Ambani on the Reliance Industries board. Ambani stated that she was being appointed – as she was an “accomplished individual, the chairperson of the group’s CSR initiative, Reliance Foundation, which has done exceedingly well – “for furthering the group’s growth agenda.”

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Industry watchers have been speculating  whether she will have a role to play in the Network18 group, which RIL is in the process of acquiring totally. The megacorp has denied that this “will come to pass, at least for now.”

Stay tuned in!!!

 

 

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Rabi Shankar Mishra takes charge as Airtel ceo in Pune

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PUNE: Airtel has appointed Rabi Shankar Mishra as chief executive officer, based in Pune, marking a sharp leadership shift as the telco sharpens its focus on growth, execution and market momentum.

Mishra moves into the role after leading Airtel’s Guwahati operations, where he built a reputation for tight execution and cross-functional leadership. In Pune, he will drive business strategy, operational excellence and expansion, drawing on deep expertise across sales, scale and complex, multi-market operations.

Before joining Airtel, Mishra held senior leadership roles across global consumer giants. He served as sales director at the Hershey company, vice president at Diageo, and held multiple associate vice president and associate director roles at Mondelēz International and Cadbury India Ltd, overseeing large, high-value businesses and teams across regions.

His earlier career at Pepsico India and Cavinkare laid a strong foundation in sales, customer development and route-to-market strategy across fast-moving consumer businesses.

With a rare blend of FMCG rigour and telecom scale, Mishra arrives in Pune to push Airtel harder, faster and deeper into its next phase of growth.

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Global broadband subs hit 1.52 billion as fibre dominates

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MUMBAI: Global broadband subscribers surged past 1.52 billion in the first quarter of 2025, marking a 1.21 per cent quarterly rise as South and East Asia drove expansion, according to Point Topic data. Yet the picture remains patchy, with 22 countries—up from 14 in the previous quarter—seeing subscriber numbers fall as consumers shift to mobile broadband or grapple with economic headwinds and market saturation.

India topped the largest 20 fixed broadband markets with a blistering 4.7 per cent quarterly growth rate, whilst Britain stood out as an outlier, suffering a 0.3 per cent decline as fibre rollout failed to offset broader connection losses.

Fibre-to-the-home and building connections now command 72.34 per cent of global fixed broadband subscriptions, cementing the technology’s dominance. Other fixed technologies saw their market shares shrink, bar satellite and fixed wireless access, which bucked the trend with spectacular annual growth of 47.4 per cent and 29.9 per cent respectively.

The satellite boom was largely driven by Starlink breaching the 5 million customer mark, though growth has slowed due to capacity constraints and pricing pressures. Competition is set to intensify as Amazon’s Project Kuiper prepares for launch by year-end, with Britain expected among the first markets to go live following Ofcom approvals. Residential plans currently start at around £75 monthly.

Fixed wireless access is reshaping rural connectivity, particularly in America and India, with aggressive investments from Reliance, Bharti, T-Mobile, Verizon and AT&T driving adoption.

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Industry consolidation is accelerating, with potential mega-deals including Charter’s merger with Cox in America and a possible carve-up of France’s SFR among Orange, Bouygues and Iliad. Meanwhile, sub-Saharan Africa represents untapped potential, attracting significant infrastructure investment targeting broadband expansion.

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Act Fibernet plugs in Amazon Prime Lite for a double shot of value

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MUMBAI: Act Fibernet has struck a streaming sweet spot. The wired internet major has teamed up with Amazon Prime to offer its users a fresh set of broadband plans bundled with Prime Lite — a compact yet power-packed version of Amazon’s popular subscription service.

Designed for digital-first consumers who want speed and spectacle in equal measure, the new ACT plans include high-speed fibre connectivity along with Prime Lite benefits: HD access to Prime Video’s catalogue of originals, films, and TV shows on one device, unlimited Same-Day/Next-Day deliveries, early bird access to marquee sales like Prime Day, and exclusive shopping deals.

Act’s subscribers, both new and existing, can access the bundle by signing up for six-month (or longer) plans. Once onboard, Prime Lite perks remain active for as long as the eligible Act subscription is live.

Act VP, head of brands, content and partnerships, Naveen Nahar, said, “At Act Fibernet, our brand promise is simple — Feel the Advantage. It’s about going beyond the fast internet to deliver real, everyday value to our customers. With the launch of Amazon Prime Lite on our platform, we’re giving our users the best of entertainment, shopping, and convenience — all in one seamless experience. Whether its world class shows, free express deliveries, or early access to deals, this partnership ensures our customers don’t just stay connected, they stay ahead.”

“At Prime Video, we remain committed to offering easy and convenient access to our much-loved Originals, movies, series, and more to customers across India,” said Prime Video India director & head, SVOD Business, Shilangi Mukherji said, “This strategic collaboration with Act Fibernet not only simplifies access to Prime Video’s extensive content selection but also delivers other shopping & shipping benefits of Prime Lite, like unlimited free ‘Same-day/Next-Day’ delivery across millions of products, early access to exclusive deals, and much more.”

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With this move, Act is no longer just a broadband provider — it’s a bundled convenience powerhouse. For subscribers, it’s all the streaming, scrolling, and shopping — at the speed of light.

Below is a list of cities and their corresponding starting rates for Prime Lite with ACT Plans:

 

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