December 20, 2014 9:27 AM ET

Diversified Telecommunication Services

Company Overview of Reliance Jio Infocomm Limited

Company Overview

Reliance Jio Infocomm Limited provides broadband services to customers using WI-MAX as access technology pan India. Reliance Jio Infocomm Limited was formerly known as Infotel Broadband Services Limited and changed its name to Reliance Jio Infocomm Limited in January 2013. The company was incorporated in 2007 and is based in Mumbai, India. Reliance Jio Infocomm Limited operates as a subsidiary of Reliance Industries Limited.

Makers Chambers IV

3rd Floor

222 Nariman Point

Mumbai,  400021

India

Founded in 2007

Phone:

91 22 2278 5000

Fax:

91 22 2278 5111

Key Executives for Reliance Jio Infocomm Limited

Managing Director and Director
Age: 65
President
President of Strategy and Network
Senior Vice President
Age: 52
Chief Products and Innovation Officer
Age: 42
Compensation as of Fiscal Year 2014.

Reliance Jio Infocomm Limited Key Developments

Reliance Jio Infocomm Announces Executive Changes

Reliance Jio Infocomm's chief human resources officer Steve Correa has resigned from his position within the company. Reliance Jio has appointed Sanjay Jog as its chief human resources officer. Jog came to Reliance Industries from Pantaloons for the human resources function of Reliance Retail, and has been given an expanded mandate to include Reliance Jio as well.

Reliance Jio Infocomm Limited Signs Syndicated Term Loan Facilities Aggregating to $1.5 Billion

Reliance Jio Infocomm Limited (RJIL) has signed syndicated term loan facilities aggregating to $1.5 billion. The facility is guaranteed by Reliance Industries Limited and will be used to refinance the syndicated term loan facilities aggregating to $1.5 billion tied up by RJIL in 2010. The facility was fully underwritten by an initial group of 15 core relationship banks that comprise the Mandated Lead Arrangers and Bookrunners. The deal witnessed significant oversubscription before it was launched into syndication and two banks joined in as MLAs.

Reliance Jio Infocomm Hiresrainer Deutschmann as New Chief Products and Innovation Officer

Reliance Jio Infocomm announced the appointment has been finalized just months before the much anticipated launch of operations in 2015. Rainer Deutschmann, 42, is coming on board as the new Chief Products and Innovation Officer of the company. He will be relocating to Mumbai from London after turning around T Mobile's UK operation as its Chairman of its Board of Directors. In Reliance, as the custodian for all innovations across its mobile, broadband, digital and technology platforms, Deutschmann will also be responsible for devising the go to market strategy while piecing together the various key elements of software, content and mobile internet. He will be reporting directly to Group chairman Ambani and Manoj Modi, his trusted lieutenant who is spearheading Reliance's re-entry into telecom, said sources aware of this development.

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