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Sunday, June 28, 2020

Is Jio Really Free from Any Chinese Components?

I would like to point out regarding Jio's stand on not using Chinese components. In February RIL chairman Mukesh Ambani told to US Prez D. Trump that Jio is the only operator in the world, which do not use a single Chinese component. Trump is found to be happy, and American companies invested in Jio heavily. 

What I want to say, Jio's core technology providers are not Chinese, but end-user devices like JioFi devices are coming from China. Jio is also probably using the SIM cards imported from China. 

Jio rolled out LTE with equipments solely from Samsung, which is a South Korean company. Inside their WiFi services, there is Rukus Wireless, Cisco and Mojos Network. 

Jio's WiFi Networks being Powered by Mojo

Jio since its begining is pushing its WiFi offering - the JioNet. Jio's public WiFi helps them to offload LTE data, and clutter off the network, also helps to serve into offices, educational institutes i.e. enterprise segment. 

Interestingly Jio expressed that the company is considering WiFi not as simple as an additional services (as during 2G period), rather it is a partner technology with Jio's pure play LTE based mobility strategy. Jio is now nearly having 2,00,000 hotspots running across the country. Jio and other Indian carriers have already launched Voice over LTE and VoWiFi technology - so offloading voice over WiFi is also in their strategy to overcome mobile signal coverage issues. WiFi calling is quite successful as Airtel and Jio saw the market response. However limited handsets support VoWiFi as of now. 


Also offering WiFi means better utilization of Jio's existing Fiber network. 

Thursday, June 25, 2020

Reliance Jio Goes Debt-free, Plans to Bring Made-in-India 5G Solutions

Jio's stake sale is over, as the view expressed by investment firm JP Morgan. Starting from April 21st, Jio Platforms Ltd (JPL), the telecom and digital arm of Reliance Industries, owned by richest Indian Mukesh Ambani has started its stake sale. Ambani has set a target to make Reliance net debt free by March 31, 2021, and he achieved that target much before - 3 quarter early. Therefore it is expected that Jio, who already sold nearly one fourth of the company to foreign investors, will not go further. 

A tweet from Reliance Jio also hints to that, as the table summerizes all fund received into Jio. (table below)

Just like NASA's Jet Propulsion Laboratory (JPL) made rockets, India's JPL or simply Jio has shown its growth like a rocket. It began from a scratch and developed as a greenfield pure 4G operator, backed by several app based ecosystem. 

[PR] Mumbai Municipality to Deploy Drone for Disinfection

Embassy Services in collaboration with Brihanmumbai Municipal Corporation (BMC) launched Aerial Disinfection Drone by Maharashtra Cabinet Minister Aaditya Thackeray

Embassy Services Pvt. Ltd. (ESPL) in collaboration with the Brihanmumbai Municipal Corporation (BMC) launched the first of its kind Drone Disinfection Drive in Worli, Mumbai on the 22nd of June. The significant event was launched by Maharashtra Cabinet Minister Aaditya Thackeray and the honorable Mayor Kishori Pednekar amongst other dignitaries. This method was used for the disinfection of mosquito breeding grounds and other vector-borne diseases in areas that are usually inaccessible. These drones can fly over 500m high for a period of 12 hours while carrying over 15 liters of disinfectant; they can cover an area of over 50 acres in a single day. This innovation is a much-needed thorough solution for the post-pandemic world.  

Monday, June 15, 2020

Extended Stake Sale: Jio Got Five More Investments

Reliance Jio continues its stake selling spree. The sale extends from April to May, now to June of 2020. 

The June 2020 phase is full of investors from UAE and United States, the list includes Mubadala Investment Company (Abu Dhabi, UAE), Abu Dhabi Investment Fund (ADIF) and American PE firms, TPG (based at Greenwich, Connecticut) and L Catterton (Texas based). Already invested, Silver Lake is also investing more money in Jio Platforms Ltd in June.

Date
Company
Investment
Stake acquired
April 21
Facebook
Rs 43, 574 Cr
9.9%
May 4
SilverLake
Rs 5,655.75 Cr
1.15%
May 8
Vista Equity
Rs 11,367 Cr
2.32%
May 17
General Altantic Partners
Rs 6598.38 Cr
1.34%
May 22
KKR & Co.
Rs 11,367 Cr
2.32%
June 4
Mubadala Investment Co
Rs 9,093.60 Cr
1.85%
June 7
Abu Dhabi Investment Fund (ADIF)
Rs 5683.50 Cr
1.16% 
June 5
SilverLake
Rs 4,546.80 Cr
0.93%
June 13
TPG
Rs 4,546.80 Cr
0.93% 
June 13
L Catterton
Rs1,894.50 Cr
0.39%