Economics of Organizations
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1) Reliance Jio to hire about 7,000 employees this year
MUMBAI: Reliance Industries' telecom arm will increase its staff strength by nearly three-fold this year to 10,000 as it gears up to launch fourth generation (4G) services.
Company Chairman Mukesh Ambani, however, did not give any timeframe for the launch of services and said he would give more details only in next AGM about the product and the launch.
"Hopefully, next year same time I will be able to give more information about the product and the launch," RIL Chairman and Managing Director Mukesh Ambani said while addressing company shareholders.
The company has so far invested about Rs 18,000 crore in the telecom business, mostly for acquiring spectrum.
"From less than 700 professionals a year back...the Reliance Jio team has grown rapidly to a national footprint of over 3,000 professionals today. And we estimate that over the next year we will grow the team further to a national strength of nearly 10,000 professionals," Ambani said.
Reliance Jio Infocomm, the telecom arm of RIL, has also finalised the key vendor and supplier partnerships that are required for the initial launch of our services, he added.
"Together with our partners, we have charted an ambitious plan for the next 12 months, and we at Reliance Jio foresee making rapid progress over this period towards launching our services across India," Ambani said.
Stressing on his optimism about the digital services market, Ambani said, "Let me assure sceptics that my continued optimism is based on the significant strides that we at Reliance have taken in the past year - towards engineering and testing a world-class broadband network and developing a suite of compelling and synergistic digital services."
In the coming years, Reliance Jio's next-generation digital infrastructure and services platform will catalyse a transformation and embrace almost every facet of India's economic growth and social progress,
1) Reliance Jio to hire about 7,000 employees this year
MUMBAI: Reliance Industries' telecom arm will increase its staff strength by nearly three-fold this year to 10,000 as it gears up to launch fourth generation (4G) services.
Company Chairman Mukesh Ambani, however, did not give any timeframe for the launch of services and said he would give more details only in next AGM about the product and the launch.
"Hopefully, next year same time I will be able to give more information about the product and the launch," RIL Chairman and Managing Director Mukesh Ambani said while addressing company shareholders.
The company has so far invested about Rs 18,000 crore in the telecom business, mostly for acquiring spectrum.
"From less than 700 professionals a year back...the Reliance Jio team has grown rapidly to a national footprint of over 3,000 professionals today. And we estimate that over the next year we will grow the team further to a national strength of nearly 10,000 professionals," Ambani said.
Reliance Jio Infocomm, the telecom arm of RIL, has also finalised the key vendor and supplier partnerships that are required for the initial launch of our services, he added.
"Together with our partners, we have charted an ambitious plan for the next 12 months, and we at Reliance Jio foresee making rapid progress over this period towards launching our services across India," Ambani said.
Stressing on his optimism about the digital services market, Ambani said, "Let me assure sceptics that my continued optimism is based on the significant strides that we at Reliance have taken in the past year - towards engineering and testing a world-class broadband network and developing a suite of compelling and synergistic digital services."
In the coming years, Reliance Jio's next-generation digital infrastructure and services platform will catalyse a transformation and embrace almost every facet of India's economic growth and social progress,