At an ARPU of Rs 227, Jio will need 11. The PIL alleged that RJIL was allowed to provide voice telephony along with its. 53 of Reliance JIO‘s subscribers will be on the Rs 303 Jio Prime plan, while the rest will be on the lowest-priced plan of Rs 149 per month, says Jal Irani, Analyst, Edelweiss Financial Services. To study the impact of introduction of reliance jio on telecom sector. There for the present study is evaluate aimed to study the impact of introduction of reliance jio to telecom industry and those companies’ share price movement in BSE. A PIL filed in the Supreme Court by an NGO Centre for Public Interest Litigation, through Prashant Bhushan, challenged the grant of pan-India licence to RJIL by the Government of India. The value of share prices of those companies shows a decreasing trend after the introduction of relinance jio. Get mobile apps for your daily entertainment with. As per project details, for the very first time in the history of fiber optic submarine telecommunications, the systems will place the country at the center of the international network map.įor the first time in the history of fiber optic submarine telecommunications, these systems place India at the center of the international network map, recognizing India's increased importance, staggering growth, and the quantum shift in data use since the launch of Jio services in 2016. The share prices of RIL were impacted by some margin when this news broke out. Jio - Indias largest 4G network offers best prepaid & postpaid plans, JioFiber broadband plans & more. According to a regulatory filing by the company to the stock exchanges, telecom subsidiary Reliance Jio will execute in conjunction with various key global partners and world-class submarine cable supplier SubCom.Īccording to the statement, Reliance Jio Infocomm, along with the major global players, currently deploying two next-generation cables to support the extraordinary growth in terms of data demand across the region. On Tuesday, Reliance Industries opened on the BSE at Rs 1,978, registering an intra day high of Rs 2,002.65 and an intra day low of Rs 1,972.10, in the trading session so far. Share price of Reliance Industries gained around two per cent on Tuesday, May 18, a day after the Mukesh Ambani-owned conglomerate announced that Reliance Jio Infocomm will construct the largest international submarine cable system in India.