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PROJECT MANAGEMENT
PONDICHERRY UNIVERSITY
M.COM (BF)
Reg no: 20351002
PROFILE OF JIO 4G
POINTS INFORMATION
Name Reliance Jio Infocomm Limited
Founder name Mukesh Ambani
Owner Mukesh Ambani
Date of Establishment 15,02,2007
Jio Lunched 05,09,2016
Revenue(2020) Rs.18,632 crore
CEO Mukesh Ambani (2007 Present)
Registered Address Mumbai, Maharashtra, India
Company Status Active
"JIO" is the enterprise call of the Reliance JIO Infocomm restrained (RJIL). it's
far an LTE(long-term Evolution) cell operator in India. JIO goals to provide 4G
LTE service network with out 3G/2G based service. it's far a 4G simplest
service and does not use decrease bands for facts transmission (not like different
networks). it is the most effective Voice Over long-term Evolution(VoLTE)
service in India. It has no separate prices for voice calls and all of the calls are
made over the net. JIO is currently running throughout all the 22telecom circles
in India. Its distinguishing offer is the free net, calls and other offerings till the
thirty first December 2016. Later, this offer became extended till 31st March
2017 as a "New year offer". Mukesh Ambani confirmed that this provide is
made to help JIO meet its goal of 100 million users.
Reliance JIO is a dream project having its grass roots manner lower back in
2010. In June 2010, Reliance Industries(RIL) bought a ninety six% stake in
Infotel Broadband offerings confined(ISBL) for 48 billion. IBSL changed into
the handiest company to win broadband spectrum in all 22 zones in India within
the 4G Broadband wireless public sale(BWA) that passed off earlier that 12
months. The IBSL became later renamed to Reliance JIO Infocomm
limited(RJIL) in January 2013. The trial model was launched on 27thDec 2015
for the personnel on the event of the 83rd birthday of overdue Shri Dhirubhai
Ambani. This launch was made to decide the flaws in its running earlier than
freeing it for the general public. It changed into made industrial on 5th Sept
2016 with a put off of about 6months from the scheduled date.
Reliance JIO is the sector's largest start up at ₹1.five lakh crore investment. It
objectives at providing top class records service at low price. It plans to have a
partnership with lots of small and rising Indian entrepreneurs. The average age
of the employee at JIO is 30. Mukesh Ambani describes this because the
offerings created by way of the brand new era for the new generation. As a
protracted-term evolution, JIO has reportedly joined palms with numerous cell
businesses growing LTE enabled smartphones like Intel and LYF. in spite of the
big benefits supplied by means of JIO to the customers, its destiny stays
uncertain till the free duration is over. some professionals investigated and
stated JIO's commercial enterprise version to be more highly-priced and
uneconomical however in spite of everything now the Reliance JIO is thriving
like a king, leaving different Telecom agencies in a doubt about their very own
survival within the future.
1.LYF smartphones
In June 2015, Jio entered into an agreement with domestic handset maker Intex
to supply 4G handsets capable of voice over LTE (VoLTE). However, in
October 2015, Jio announced that it would be launching its own mobile handset
brand named LYF. On 25 January 2016, the company launched its LYF
smartphone series starting with Water 1, through its chain of electronic retail
outlets, Reliance Retail. Three more handset models have been released so far,
namely Water 7, Earth 1, F1 Plus, F1S and Flame 1.
2.Jio phones
On 21 July 2017, Jio introduced its first affordable 4G feature phone, powered
by KaiOS, named as Jio Phone. The price announced for it is Rs. 0 with a
security deposit of Rs. 1500 which can be withdrawn back by the user by
returning the Jio Phone at Jio stores only after three years. This phone was
released for beta users on 15 August 2017 and pre-booking for regular users
started on 24 August 2017.
Jio Phone 2: A second model with a QWERTY keyboard, as well as Facebook,
WhatsApp and YouTube applications, was released in July 2018 for Rs:2,999.
Jio launched Jio Giga Fibre on 15 August 2018 which offers high speed
broadband, landline and DTH services at reasonable prices.
4.Jio fi
Jio has also launched Wi-Fi routers by the name Jio Fi.
FINANCIAL HIGHLIGHTS
-------------------
Standalone
in Rs. Cr.
Balance Sheet
-------------------
SHAREHOLDER'S FUNDS
Equity Share
6,445.00 6,339.00 6,339.00 6,335.00 3,251.00
Capital
Total Share
6,445.00 6,339.00 6,339.00 6,335.00 3,251.00
Capital
Reserves and
468,038.00 384,875.00 398,983.00 308,297.00 285,058.00
Surplus
Total
Reserves and 468,038.00 384,875.00 398,983.00 308,297.00 285,058.00
Surplus
Total
Shareholders 474,483.00 391,214.00 405,322.00 314,632.00 288,309.00
Funds
Equity Share
Application 0 1 0 15 4
Money
NON-CURRENT LIABILITIES
Long Term
160,598.00 194,402.00 118,098.00 81,596.00 78,723.00
Borrowings
Deferred Tax
30,788.00 50,556.00 47,317.00 27,926.00 24,766.00
Liabilities [Net]
Other Long
4,518.00 3,434.00 504 504 0
Term Liabilities
Long Term
1,499.00 1,410.00 2,483.00 2,205.00 2,118.00
Provisions
Total Non-
Current 197,403.00 249,802.00 168,402.00 112,231.00 105,607.00
Liabilities
CURRENT LIABILITIES
Short Term
33,152.00 59,899.00 39,097.00 15,239.00 22,580.00
Borrowings
Trade
86,999.00 71,048.00 88,241.00 88,675.00 68,161.00
Payables
Other Current
80,735.00 198,662.00 73,900.00 85,815.00 60,817.00
Liabilities
(Sir I used Excel spreadsheet for this financial statement because in normal
word it was taking lots of space so it’s quite easy to read out. There is 3 sheet
available name called Balance sheet, P&L account and Cash flows. So sir
please do find out that)
• Sales / Revenues
• Total Profit / Net Income / Income from Continuing Operations
• Free Cash Flow / Operating Cash Flow
• Earnings per Share / Dividends per Share
• Return on Equity / Return on Invested Capital / Return on
Assets
• Total Assets / Total Debt
Financial highlights of jio on 2021
The fast-growing digital services arm of Reliance Industries continued
mushrooming during the previous year. Jio has been at the heart of RIL’s
digital services plans and the platform continued to impress.
-Jio now has 426.2 million subscribers, steadily growing from 306.7 million
subscribers two years ago.
-With the growing internet access in India, Jio said it carried over 5 exabytes
of data traffic per month.
-During the previous financial year, Jio’s data traffic increased 29% to 62.5
billion GB.
-Per-user, Jio recorded 13.3 GB of data consumption per month and 823
VoLTE minutes per user per month.
-JioFiber is fast catching momentum with over 2.5 million homes connected
till March 2021.
-Online grocery store, JioMart now serves 200 cities and towns in India.
-Jio has also ramped up efforts to roll out 5G as and when permitted.
CONCLUSION
Reliance Jio Infocomm Limited, known as Jio, is an Indian mobile network
operator. Owned by Reliance Industries and headquartered in Mumbai,
Maharashtra, it operates a national LTE network with coverage across all 22
telecom circles. Jio does not offer 2G or 3G service, and instead uses voice over
LTE to provide voice service on its network. The launch of Reliance Jio has
caused a revolution in the telecom industry. Now, Jio claims to be the world’s
largest data network, based on mobile data consumption.
It can also be concluded that the people who are having the Jio service at
present, among them 70 to 80 % of the users are happy with its service. This
number is higher in the rural areas and lesser in the urban areas. By the end of
2017, it is expected that there will be 30 to 40 crore subscribers or more than
that. The free app which is given today will be no longer be free, later on, the
consumer will be spending around 6 to 10 thousand in a year. It will generate
huge revenue. "By 2017 end, we would cover 90% and by 2018, all of India will
be covered by this digital infrastructure," Ambani said.