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5 Things You Didn’t Know About Reliance JIO

5 Things You Didn’t Know About Reliance JIO

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  • Reliance Jio was called IBSL

Just after the broadband wireless auction (BWA), in June 2010, RIL purchased a 96% stake in Infotel Broadband, which had won 22 circles in the BWA. Despite the fact that they were unlisted, they were worth over Rs 4,800cr and were the main organization to increase broadband range in every one of the 22 zones of India. They began to act as a telecom backup of Reliance, and later in January 2013, they were named Reliance Jio Infocomm Limited.

ibsl
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