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Reliance Industries has announced that Jio GigaFiber plans will be made available to the users under two options: prepaid as well as postpaid. The network service provider will launch <keyword id="6354504" type="DEFINITION" weightage="20" keywordseo="reliance-jio">Reliance Jio</keyword> GigaFiber which will provide broadband services at the speed of 100 mbps. The plan will also offer 600 TV channels and a landline connection as part of the package along with subscriptions to select OTT services. This way, this combo pack service bundles together landline, broadband and TV connections. The dead cheap pricing plans of the operator are expected to make Jio GigaFiber a clear disrupter of the market. Reliance <keyword id="6792948" type="UNKNOWN" weightage="20" keywordseo="Jio-GigaFiber-broadband">Jio GigaFiber broadband</keyword>, TV, landline combo plan Reliance Jio GigaFiber has stated that it will provide broadband at the speed of 100 megabytes per second (mbps) bundled with 600 TV channels and a landline connection. The cost of this combo offer will be priced at just Rs.700 per month. To connect to the services, the Jio users will need to make a security deposit of Rs. 4,500 and obtain the ONT device (GigaHub Home Gateway) provided by the company. In case the user wishes to discontinue the Jio GigaFiber services at any point, the deposit will be refunded. About Jio Gigafiber’s speed Reliance Jio has assured that the company’s broadband service will provide a minimum of 100 mbps. The reports of a recent study have already labelled Jio GigaFiber as the topmost <keyword id="526271" type="ORGANIZATION" weightage="20" keywordseo="Internet-Service-provider">internet service provider</keyword> in India in terms of the fastest internet

How Reliance Jio Gigafiber broadband will work?

<ul><li>Reliance is set to launch Jio Gigafiber services and Jio Phone 3 on Monday. </li><li>Reliance Chairman Mukesh Ambani had announced the Jio Gigafiber services during the company’s AGM last year. </li><li>The service with its low tariffs is set to be a big gamechanger in the Indian broadband space.</li></ul>Reliance is reportedly set to launch the much talked about Jio Gigafiber services and the Jio Phone 3 on Monday during the company’s Annual General Meeting. Jio Gigafiber has been the talk of the town since Mukesh Ambani had announced it in the last AGM held last year. What it offers Gigafiber is a mega package offered by Jio, which will offer broadband, TV and fixed landline plans. But it’s not going to be an ordinary plan. Gigafiber is <a href="https://www.livemint.com/industry/telecom/reliance-jio-gigafiber-rollout-jio-phone-3-expected-as-ril-holds-agm-tomorrow-1565503217806.html">reportedly</a> set to offer broadband services at 1 gigabytes per second (GBPS) speed, 600 TV channels and a landline connection – all of this at just ₹600 per month. This will put Jio in direct competition with ACT broadband services, one of the most popular options in India right now. ACT, which is currently India’s largest fiber-based service provider, is also planning a ₹800 crore IPO soon. Jio Phone 3 The AGM is also set to see the launch of Jio Phone 3. The previous two models which were priced at ₹1,500 and ₹2,999 have already been a big hit in the market, for giving smartphone features to a user at the most basic price. Jio Phone 3 is expected to take the features up a notch at an equally affordable price. Can Gigafiber do a Jio? The launch of Gigafiber will be a big boom in the Indian broadband industry because of lower tariffs and higher internet speeds. It is expected to have the same impact that Jio did when it launched. Jio, with its low tariff and faster internet speeds, has seen it become India’s second largest telecom provider within 3 years of its launch.

Reliance Jio Gigafiber launch – Mukesh Ambani’s trump card on the Indian internet space

<ul><li><keyword id="3857263" type="PERSON" weightage="20" keywordseo="Jio-GigaFiber">Jio GigaFiber</keyword> will lay fixed broadband lines in 1,600 cities and towns and will cover 75 million homes across India in a phased manner. </li><li><keyword id="10926" type="DOMAIN" weightage="20" keywordseo="Reliance">Reliance</keyword> expanded its target which was to reach 50 million homes earlier </li><li>Airtel, Reliance <keyword id="2003276" type="COMPANY" weightage="20" keywordseo="Jio">Jio</keyword>’s competitor, is also working on its own fiber-to-the-home (FTTH) broadband services, to cover 20 million homes. </li></ul>Mukesh Ambani-led Reliance Jio has kickstarted its massive fixed broadband project across 1,600 cities and towns, expanding its high-speed Internet offerings, according to <a href="https://www.business-standard.com/article/companies/reliance-jio-targets-75-million-homes-with-fibre-to-home-roll-out-119070801357_1.html">a Business Standard report</a>. This project known as Jio GigaFibre will provide Internet to homes in the old-fashioned way using cables. This business, the company expects, will add on to its already thriving wireless telecom services where it has disrupted the market with 4G data offerings. It now has around 315 million customers and is the largest service provider with revenue <a href="https://www.businessinsider.in/mukesh-ambanis-reliance-jio-may-go-public-next-year-as-debt-for-discounts-starts-to-bite-and-5g-era-beckons/articleshow/69885410.cms">market share</a> of 39.8%. As per the report, the company is ready to launch its fixed broadband services commercially in the next three months. They are also known to have already launched pilot versions in some areas. This expansion is also coming an interesting time. The government is in the process of auctioning the prized 5G spectrum with a high base price of ₹ 4.92 billion. However, Jio’s fixed broadband will also provide high speeds, rivalling 5G which is the fastest Internet technology available. The speeds of 5G are known to be as high as 300 megabits per second! Jio is betting heavily on fixed broadband. So much so, that it has expanded its earlier target of covering 1,100 cities and 60 million homes. Now, they want to reach 75 million homes in 1,600 cities, One-time investment Under the fibre-to-the-home technology, the last mile connectivity is wireless which provides cheaper and faster broadband services. This is helpful since telecom companies do not have to acquire permission for ‘right of way’ to lay the fibre. This not only reduces cost but is also eliminates the painful process of wire laying. FTTH, unlike wireless business, is a future-proof business, and a one-time investment. It means that Jio will not have to keep leasing spectrum to sustain this business. Moreover, it can reach congested and remotely located areas easily. The fixed broadband subscriber base currently uses copper connectivity for last mile connectivity and was at 18 million as on April 30, 2019. State-owned Bharat Sanchar Nigam (BSNL) dominates the market with over 9.15 million subscribers. Private players now want a piece of the pie. Airtel is also working on its own FTTH project, albeit at a lower scale, hoping to reach 20 million homes. SEE ALSO: <a href="https://www.businessinsider.in/mukesh-ambanis-reliance-jio-may-go-public-next-year-as-debt-for-discounts-starts-to-bite-and-5g-era-beckons/articleshow/69885410.cms">Mukesh Ambani’s Reliance Jio may go public next year as debt for discounts starts to bite and 5G era beckons</a> <a href="https://www.businessinsider.in/govt-doesnt-want-to-delay-tech-progress-5g-spectrum-auction-soon/articleshow/57571450.cms">Govt doesn’t want to delay tech progress; 5G spectrum auction soon</a>

Mukesh Ambani’s Reliance Jio speeds up its broadband plan ahead of 5G spectrum auction

<keyword id="6354504" type="DEFINITION" weightage="20" keywordseo="reliance-jio">Reliance Jio</keyword> has announced the launch of Jio Fiber broadband service from September 5 and the registration process has already started. The scheme comes with a bundled offer providing a combo pack of broadband connection, TV set-top box and a landline phone connection. Also called as the Jio GigaFiber, the Jio Fiber broadband package will be priced from Rs 700 per month and will go up to Rs 10,000 for premium class customers. What is on offer in Jio Fiber Reliance industries has also launched a Jio Welcome offer that will provide the users who subscribe to its annual plans with an HD or 4K LED TV and a 4K set-top box for free. The landline connection given as part of the plan will also be free of cost. On top of it, the company has no plans to charge any installation charges during the time of rolling out the scheme. Applying rules for Jio Fiber The users will have to make a refundable security deposit of Rs 2,500 to get the router or ONT device. Applying for the Jio Fiber connection is a simple three step process. Visit <a href="https://gigafiber.jio.com/registration">https://gigafiber.jio.com/registration</a> and enter the details of the address where you want the Jio Fiber connection also inputting the details like name, mobile number and email ID. Once this registration is done, you will get a message that the sales representatives of the company will connect with you after confirming the feasibility of providing the service at the desired location. For getting the connection, you will have to submit Aadhaar card or any other proof of identification and an address proof.

How to get Jio Fiber broadband service?

<ul><li>Mukesh Ambani is launching Reliance Jio's 'Jio Fiber' service today.</li><li>He has promised a minimum speed of 100 mbps with prices starting at ₹700.</li><li>Broadband services will come bundled with OTT subscriptions, cable and game streaming.</li></ul><keyword id="8038749" type="UNKNOWN" weightage="20" keywordseo="Applying-Rules-For-Jio-Fiber">Applying Rules For Jio Fiber</keyword> <keyword id="4453417" type="PERSON" weightage="20" keywordseo="Reliance-Jio-Fiber">Reliance Jio Fiber</keyword> is a highly awaited three-in-one service which will be made available by the network operator from September 5, 2019. The prices of these plans start at Rs. 700 and go up to Rs 10,000. As part of this package, <keyword id="6355199" type="COMPANY" weightage="20" keywordseo="reliance-industries">Reliance industries</keyword> is offering three services including landline, broadband and TV in a bundled offer. Working on the fibre-to-the-home (FTTH) broadband services, the Jio GigaFiber will provide all these three types of connections through a single fiber optic cable. The said announcement by the company has created strides in the industry and a large number of customers have already registered for their Jio Fiber connections. If you wish to apply for the said service, here are the rules to do the same in three steps. How to apply for Reliance Jio Fiber connection? On your mobile phone, PC or laptop, visit the official registration portal of Reliance Jio Fiber <a href="https://gigafiber.jio.com/registration">https://gigafiber.jio.com/registration</a>. If the location sharing service is enabled, the site will automatically detect your present location. You can add or change your home or office address through a manual entry process also. Once you have confirmed the address, you will move to the second step. You need to provide the contact details like name, email ID and mobile number. After submitting these details, you will receive an OTP to move to the next step. The site will display the address you have given and there will be a home button to land on the Official website of Jio. The site will give you the message that the feasibility of providing the service in your place will be confirmed and the sales representatives will call you.

What are the rules to apply for Jio Fiber

<ul><li><keyword id="6354504" type="DEFINITION" weightage="20" keywordseo="reliance-jio">Reliance Jio</keyword>'s broadband service, Jio Fiber, is scheduled to launch today.</li><li>It is reportedly going to launch bundled with Jio's gaming service, <keyword id="7995976" type="UNKNOWN" weightage="20" keywordseo="jio-console">Jio Console</keyword>.</li><li>The Jio Console will be in competition with <keyword id="7446305" type="UNKNOWN" weightage="20" keywordseo="google-stadia">Google Stadia</keyword> with claims to give users a ‘zero latency’ gaming experience.</li><li>With Stadia pegged to launch in 2020, Jio will have the first mover advantage.</li></ul>Stadia is a game streaming service that Google has been working on for at least three years. But before it even had a chance to launch, Mukesh Ambani’s Reliance Jio is ready to offer an Indian alternative — the Jio Console. Jio Console is going to be a part of the company's new broadband service, Jio Fiber that scheduled to launch today on 5 September 2019. It also comes bundled with a whole host of other features like subscriptions to select OTT services and 600 cable TV channels. This will give it the first mover advantage since <a href="https://www.businessinsider.in/I-tried-Stadia-Googles-big-play-to-conquer-video-games-Its-really-promising-but-theres-still-too-much-we-dont-know-/articleshow/68490221.cms?utm_source=ten_minutes_with&amp;utm_medium=Referral&amp;utm_campaign=Content_Patnership">Stadia</a> will only hit the market in 2020. Google isn’t the only company with something to worry about. As Jio positions itself as a game streaming console, it’s also looking to take Xbox’s sweet spot as a social gaming service. Jio has forged partnerships with Microsoft, Tencent and Gameloft already in place. The one key difference Stadia doesn’t need an additional computer hardware to work but Jio Console users are going to need the company’s set top box that comes with an integrated graphics card. Stadia just needs any device to have internet and be compatible with Chrome in order to function. This could have worked in Google’s favour but then again, it’s a not a pocket pinching compromise. Jio’s <a href="https://www.businessinsider.in/details-of-jio-fibre-new-tariff-plan/articleshow/70639942.cms">GigaFiber plans</a> — which come coupled with the set top box — start at a mere ₹700 per month with a minimum speed of 100Mbps up for grabs. Claims of zero-latency Both, Google Stadio and Jio Console claim to provide an experience with zero latency — no delays. For serious gamers, this is probably the most enticing part of the formula. Zero latency means no lags between frames, better reaction times, and a higher chance of success against players who are stuck on a network with high latency. It may not seem like much but for racing and shooter games, where timing is key, but it can make the difference between winning or losing at a crucial moment. Despite the claims by both companies, they are yet to prove 100% seamless gameplay with accurate tests. Filling in the blanks There isn’t too much that has been disclosed by either company when it comes to their gaming platforms. They both claim that any controller can be used with their respective platforms. Nonetheless, Google still plans on launching its own controller, which will come equipped with the Google Assistant and claims to reduce latency even further. Both platforms are also claiming that they will be able to stream content in 4K quality, with Google planning to upgrade to an 8K resolution in the future. But, Stadia’s main impetus lies in the fact that users won’t have to download any content in order to play a game. Jio, on the other hand, has made no declarations of the kind. Not yet, anyway. See also: <a href="https://www.businessinsider.in/reliance-jio-fired-up-as-mukesh-ambani-joins-hands-with-satya-nadellas-microsoft-to-challenge-jeff-bezos-in-india/articleshow/70641754.cms">Reliance Jio fired up as Mukesh Ambani joins hands with Satya Nadella’s Microsoft to challenge Jeff Bezos in India</a> <a href="https://www.businessinsider.in/mukesh-ambanis-reliance-jio-is-taking-on-jeff-bezos-amazon-in-e-commerce-cloud-and-content/articleshow/70645934.cms">Mukesh Ambani’s Reliance Jio is taking on Jeff Bezos’ Amazon in e-commerce, cloud, and content</a> <a href="https://www.businessinsider.in/mukesh-ambani-plans-to-connect-a-billion-devices-on-his-iot-platform-and-hes-not-only-talking-about-light-bulbs/articleshow/70643115.cms">Mukesh Ambani plans to connect a billion devices on his IoT platform — and he isn't only talking about light bulbs</a>

Mukesh Ambani's Jio Console is trying to beat Google Stadia — and he's got a head start

<ul><li>Reliance has closed 26 <keyword id="6391790" type="UNKNOWN" weightage="20" keywordseo="deals">deals</keyword> in the last 24 months, nearly half of which have been in the telecom and media space. </li><li>The new businesses span from music streaming apps to cable networks to telecom software and hardware units. </li><li>Out of a total investment spend of $5.3 billion in the last five years, a staggering 79% has been allocated towards deals in the telecom sector, according to data compiled by Morgan Stanley. </li></ul><keyword id="6355199" type="COMPANY" weightage="20" keywordseo="reliance-industries">Reliance Industries</keyword>’ (RIL) mergers and acquisitions division has had a pretty busy go of it as of late. In the last 24 months, the company, India’s largest by market capitalisation, has closed 26 deals. Of the 26, 15 deals have contributed the most both in terms of deal value as well as in redefining RIL as a company. Some of the new businesses bought over by RIL span from a media production house to music streaming apps to cable networks to telecom software and hardware units. These 15 deals include a currently-stalled bid to buy Reliance Communication’s spectrum and the sale of <a href="https://in.reuters.com/article/reliance-shale/reliance-sells-texas-shale-assets-for-100-million-idINKBN1H31MS">two energy assets</a>, which were part of the company’s mainstay business up until then. Up until a few years ago, RIL was a predominantly an energy major. While oil refining and petrochemicals remain the cash generating units, Ambani is expanding his empire with an eye on future. As he has often said in the recent past, “data is the new oil.” Out of a total investment spend of $5.3 billion in the last five years, a staggering 79% has been allocated towards deals in the telecom sector, according to data compiled by Morgan Stanley. The rerating of the company, as a technology and consumer play, though on the cards, will be a gradual process that will happen over the next few years, Vinod Sharma, head of capital markets strategy and the private clients group at HDFC Securities <a href="https://economictimes.indiatimes.com/industry/energy/oil-gas/why-mukesh-ambani-led-ril-needs-to-be-viewed-as-a-tech-and-consumer-player/articleshow/66395674.cms">told</a> the Economic Times. Concurrently, Reliance’s share price has risen dramatically - capping a 46% jump since mid-March 2018 - signifying investors’ confidence in the prudence of these deals. 
 
 
 
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 Let’s look at some of the recent deals and what they add to the company’s prospects. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 2.25pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 2.25pt;border-top:solid #000000 2.25pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Month </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 2.25pt;border-top:solid #000000 2.25pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Company </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 2.25pt;border-top:solid #000000 2.25pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Transaction </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 2.25pt;border-bottom:solid #000000 2.25pt;border-top:solid #000000 2.25pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Deal Value </td></tr><tr><td style="border-left:solid #000000 2.25pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 2.25pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">June 2017 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 2.25pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Balaji Telefilms </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 2.25pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Bought 25% stake </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 2.25pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 2.25pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">$64 million </td></tr><tr><td style="border-left:solid #000000 2.25pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">February 2018 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Eros </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Bought 5% stake </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 2.25pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">$150 million </td></tr><tr><td style="border-left:solid #000000 2.25pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">March 2018 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Saavn </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Bought 41% stake </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 2.25pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">$122 million </td></tr><tr><td style="border-left:solid #000000 2.25pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">June 2018 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Radisys </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Bought 100% stake </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 2.25pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">$74 million </td></tr><tr><td style="border-left:solid #000000 2.25pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">October 2018 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Den Networks </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Bought 59% stake </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 2.25pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">$630 million </td></tr><tr><td style="border-left:solid #000000 2.25pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 2.25pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;"> </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 2.25pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Hathway Cable </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 2.25pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Bought 51.3% stake </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 2.25pt;border-bottom:solid #000000 2.25pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;"> </td></tr></tbody></table> Reliance’s most notable recent acquisition in the telecom space was the purchase of a<a href="https://www.businesstoday.in/top-story/reliance-acquires-58.92-stake-in-den-networks-51.34-share-in-hathway/story/286130.html"> 59% stake in Den Networks and 51.3% stake in Hathway Cable</a> - both multiple system operators (MSO) - in October 2018 for a total deal value of $630 million. The move was specifically geared towards making Reliance the main player in the cable TV and broadband market and assist in the rollout of Reliance <keyword id="2003276" type="PERSON" weightage="20" keywordseo="Jio">Jio</keyword>’s fixed broadband service - GigaFiber. The reduced competition in the space is expected to hurt broadcasters, who will have lesser negotiating power when it comes to finalising subscription revenue packages. Another notable deal was the <a href="https://www.businesstoday.in/sectors/telecom/reliance-industries-signs-usd-74-million-acquisition-deal-radisys-to-boost-5g-iot-push/story/279756.html">$74 million </a>acquisition of a 100% stake in Radisys, a US telecom equipment manufacturer, in June 2018. The deal will help Reliance Jio build its 5G and Internet-of-Things capability. Reliance’s bid to boost its technology offerings is also indicated in deals with smaller amounts. It’s taking a bet on relatively nascent companies and technologies as part of a larger plan to integrate complementary services under its telecom and media business - becoming a software developer and hardware manufacturer in the process. For example, it spent $7 million to buy a minority stake in the US-based<a href="https://telecom.economictimes.indiatimes.com/news/reliance-retail-buys-16-stake-in-kaios-maker-for-7-million/63238579"> KaiOS Technologies</a>, the company that produces the software for its JioPhone. Reliance Industries also closed a deal with <keyword id="46907" type="COMPANY" weightage="20" keywordseo="Reliance-communications">Reliance Communications</keyword> <a href="https://www.businessinsider.in/mukesh-ambanis-reliance-jio-decides-that-it-may-be-too-expensive-to-give-brother-anil-ambanis-rcom-a-lifeline-after-all/articleshow/67174546.cms">in December 2017</a> to purchase ₹200 billion worth of the latter’s spectrum assets . However, <keyword id="3820" type="PERSON" weightage="20" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword>’s lifeline to his brother Anil <a href="https://www.businessinsider.in/mukesh-ambanis-reliance-jio-decides-that-it-may-be-too-expensive-to-give-brother-anil-ambanis-rcom-a-lifeline-after-all/articleshow/67174546.cms">was suspended </a>at the end of last year as Reliance Jio refused to accept liability for RCom’s existing spectrum dues. Meanwhile, Reliance has spent an additional $566 million on acquisitions in the media space. In March 2018, the company signed a deal to acquire a 41% stake in <keyword id="2060236" type="COMPANY" weightage="20" keywordseo="Saavn">Saavn</keyword>, a music streaming service, in lieu of a subsequent launch of its <a href="https://www.livemint.com/Companies/A8xcuttXuN3NebrDwPsqVN/Reliance-Jio-and-Saavn-integrate-to-launch-JioSaavn-app.html">own streaming platform</a>. In February 2018, it bought <a href="https://variety.com/2018/biz/asia/mukesh-ambani-reliance-industries-take-eros-1202704828/">a 5% stake in Eros</a>, an Indian film distributor and production company, for around $150 million. In July 2017, Reliance also bought a 25% stake in Balaji Telefilms for $64 million. The deals are aimed at the production and distribution of content for Jio subscribers. Aside from these deals, Reliance’s existing retail business is also in the process of expansion, ahead of a possible IPO. And Ambani is making serious moves in this space too, with the recently announced foray into e-commerce. The company plans to increase its store count of Trends fashion stores nearly five times <a href="https://www.livemint.com/companies/news/reliance-retail-plans-major-expansion-of-reliance-trends-in-e-commerce-push-1552039531473.html">to 2,500 outlets by 2024.</a> Very soon, it may be difficult for any one sector analyst to evaluate the company. SEE ALSO: <a href="https://www.businessinsider.in/Mukesh-Ambani-may-be-the-surprise-winner-from-Indias-new-rules-hurting-Amazon-and-Walmart/articleshow/67751026.cms">Mukesh Ambani may be the surprise winner from India's new rules hurting Amazon and Walmart</a> <a href="https://www.businessinsider.in/two-years-on-reliance-jio-continues-to-dominate-indian-telecom-market-beating-global-giants/articleshow/67380627.cms">Two years on, Reliance Jio continues to dominate Indian telecom market, beating global giants</a> <a href="https://www.businessinsider.in/reliance-industries-just-beat-tata-consultancy-services-to-become-indias-highest-valued-company/articleshow/65212268.cms">Reliance Industries just beat Tata Consultancy Services to become India’s highest-valued company</a>

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