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Reliance Jio tops 4G downloading speed leaves Bharti Airtel far behind

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Reliance Jio, Vodafone, Bharti Airtel, Idea Cellular, MySpeed application, Megabits per second, Telecom Regulatory Authority of India, TRAI, Download speed, Upload speed, 4G seed, Business news

New Delhi: With 22.2 Mbps (megabits per second) average download speed, Reliance Jio topped the 4G download speed chart of the Telecom Regulatory Authority of India (TRAI) for March. For Jio, its an improvement over 20.9 Mbps achieved in February.

Reliance Jio was the fastest 4G operator in 2018 with the highest average download speed all through the year.

 

Reliance Jio, Vodafone, Bharti Airtel, Idea Cellular, MySpeed application, Megabits per second, Telecom Regulatory Authority of India, TRAI, Download speed, Upload speed, 4G seed, Business news

 

Performance of Bharti Airtel dipped marginally in March to 9.3 Mbps from 9.4 Mbps in February, according to the data published by the telecom regulator.

Though Vodafone and Idea Cellular have merged and operate as Vodafone Idea, the TRAI published their network performance separately.

 

Reliance Jio pips down Bharti Airtel, Vodafone in 4G downloading speed:

 

Average 4G download speed on Vodafone network improved marginally to 7 Mbps in March from 6.8 Mbps in February. Idea registered a marginal decline in average download speed from 5.7 Mbps in February to 5.6 Mbps in March.

Vodafone topped the average 4G upload speed chart in March with 6 Mbps, which is same as February.

 

Reliance Jio, Vodafone, Bharti Airtel, Idea Cellular, MySpeed application, Megabits per second, Telecom Regulatory Authority of India, TRAI, Download speed, Upload speed, 4G seed, Business news

 

Idea and Airtel network registered slight decline in average 4G upload speed at 5.5 Mbps and 3.6 Mbps, respectively, in March, while Jio witnessed improvement with 4.6 Mbps average upload speed.

The average speed is computed on the basis of data collected by the TRAI with the help of its MySpeed application on a real-time basis.

 

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Reliance and bp launch ‘Jio-bp’ partnership for fuel retailing.

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Reliance BP Mobility Limited aims to expand from Reliance’s current fuel retailing network of over 1,400 petrol pumps to up to 5,500 over the next five years.

Reliance Industries Ltd (RIL) and British Petroleum (BP) on Thursday announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML).

Following initial agreements in 2019, BP and RIL teams have worked closely over the past few months in a challenging environment to complete the transaction as planned, a joint statement said.

BP has paid RIL $1 billion for a 49 per cent stake in the joint venture, with RIL holding 51 per cent.

“Operating under the “Jio-BP” brand, the joint venture aims to become a leading player in India’s fuels and mobility markets. It will leverage Reliance’s presence across 21 states and its millions of consumers through the Jio digital platform,” the statement said.

BP will bring its extensive global experience in high-quality differentiated fuels, lubricants, retail and advanced low carbon mobility solutions, added the statement.

BP and RIL expect the venture to grow rapidly to help meet India’s fast-growing demands for energy and mobility.

RBML aims to expand from its current fuel retailing network of over 1,400 retail sites to up to 5,500 over the next five years. This rapid growth will require a four-fold increase in staff employed in service stations, growing from 20,000 to 80,000 in this period. The joint venture also aims to increase its presence from 30 to 45 airports in the coming years.

Mukesh Ambani, Chairman and Managing Director of RIL said: “Reliance is expanding on its strong and valued partnership with BP to establish a pan-Indian presence in retail and aviation fuels. RBML will aim to be a leader in mobility and low carbon solutions, bringing cleaner and affordable options for Indian consumers with digital and technology being our key enablers”.

Bernard Looney, CEO of BP said that India has been leading the way with innovations in digital technology, value engineering and new energy solutions and it will require more energy for its economic growth and, as it prospers, its needs for mobility and convenience will accelerate.

“BP has a proud history in India spanning over a century. We are honoured to be a strategic partner with Reliance – India’s most valuable company – and pleased that our partnership has grown in both substance and spirit over this past decade. Reliance’s digital capabilities, technical expertise and reach complement our international fuels and service offers,” he said.

RBML has received the marketing authorization for transportation fuels, amongst other necessary regulatory and statutory approvals. The joint venture will begin selling fuels and Castrol lubricants with immediate effect from its existing retail outlets, which will be re branded to “Jio-BP” in due course, the statement said.

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