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RIL creates seven subsidiaries to handle its telecom and content business: Report
Dec-10-2018

Reliance Industries (RIL) has reportedly created seven subsidiaries to handle its growing telecom and content business, a month after completing deals with Den and Hathway Cable Networks. These subsidiaries would undertake the business of broadcasting, broadband internet, wireless, data and hosting services to business and residential retail customers, cable services distribution, voice over internet protocol and video on demand, among others.

The subsidiaries are called Jio Content Distribution Holdings, Jio Internet Distribution Holdings, Jio Television Distribution Holdings, Jio Cable and Broadband Holdings, Jio Futuristic Digital Holdings, Jio Digital Distribution Holdings and Jio Digital Cableco. The newly set-up subsidiaries will also promote ventures in the sectors of entertainment, e-commerce, telecom, internet or manufacturing (telecom equipment).

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

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