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RIL’s Jio Reports USD 2.2 Billion Fund Support from Swedish Export Credit Agency for 5G Rollout

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Reliance Industries Limited’s telecom business, Reliance Jio, reported a USD 2.2 billion fund support from a Swedish Export Credit Agency for the 5G network rollout in India. Jio has largely procured gears from Sweden’s Ericsson and Finland’s Nokia to deploy its 5G network. Aug 6, 2023 Reliance Industries Limited’s (RIL)......
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Ashwini Vaishnaw: “India’s 5G Network is World’s Second-Largest Network as Rollout Continues”

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According to statements given by Shri Ashwini Vaishnaw, Union Telecom Minister, and Shri Devusinh Chauhan, Minister of State, India’s 5G network is the second largest network in the world. The 5G rollout in India is still under process and is the fastest rollout across the world. Aug 2, 2023 Mr.......
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HFCL Bags INR 222 Crore Order from Reliance Jio

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HFCL Limited has bagged a purchase order totaling INR 222 crore from Reliance Jio and Reliance Projects & Property Management Services Limited to supply transmission equipment. May 23, 2023 Himachal Futuristic Communications (HFCL) Limited bagged an INR 222 crore order to supply transmission equipment from Reliance Jio and its sister......
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HFCL Limited will Supply OFC Worth INR 128.34 Crores to Reliance Jio

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Reliance Jio’s subsidiary has contracted with HFCL Limited, and its subsidiary, to deliver OFC equipment worth INR 123.84 crores. April 12, 2023 Reliance Projects & Property Management Services Limited, a subsidiary of Reliance Jio, has contracted with HFCL Limited and its material subsidiary, HTL Limited, to buy OFC worth INR......
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RIL in UP: INR 75,000 Crore Investment Over 4 Years

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Mr. Mukesh Ambani is participating in the UP Investors Global Summit 2023 and has promised the state a new 10 GW renewable capacity, bio-energy business, and 5G network by December 2023. February 14, 2023 Mr. Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited (RIL), during the UP Global......
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Vodafone Idea begins 5G trials in Pune, Gandhinagar with Nokia, Ericsson

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The Department of Telecommunications (DoT) had recently allocated a 5G trial spectrum in the 700 MHz, 3.5 GHz, and 26 GHz bands to Airtel, Reliance Jio, and Vodafone Idea. July 08, 2021 Vodafone Idea, India’s third-largest telecom operator, has started 5G trials in Pune and Gandhinagar in partnership with European......
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Jio’s IAX and IEX Projects to Address Region’s Data Revolution

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Bringing India at the center of two new subsea cable systems to support exponential data growth — Jio collaborates with several key global partners to lay two new marine data cables of 16000 kilometres. May 17, 2021 Reliance Jio Infocomm Ltd. (Jio), India’s leading 4G and mobile broadband digital service......
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India to be a Part of Cisco’s USD 5 Billion Funding for 5G Projects

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The launch of 5G services is expected to shift focus to enterprises, which could become potential sources of revenue for telcos. March 30, 2021 US-based Cisco Systems, Inc., which has set aside USD 5 billion to fund projects for 5G services globally, will invest part of it in India to......
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HFCL Limited to Scale up Hyderabad Unit Cable Production by 33 Percent

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HFCL Limited has invested a total of INR 300-crore in fully-automated high-speed FTTH cable manufacturing unit in Telangana that produces more than 6 lakh fibre kilometres (fkm) of cable per annum. January 13, 2021 HFCL Limited, one of the India’s largest manufacturers of optic fibre cable, is planning to increase......
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Sterlite Technologies Targets to Double Its Orders Book

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Based on global growth potential in optical fiber communication, the company projects a very strong visibility of orders worth Rs 6,000 to Rs 7,000 Crore. December 29, 2016 A part of mining group Vedanta Resources, Sterlite Technologies, expects to almost double its order book in a year backed by the......
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