Broadband
Reliance Jio to raise Rs 15,000 crore via rights issue
MUMBAI: Mukesh Ambani’s telecom company Reliance Jio Infocomm Ltd is planning to raise a sum of Rs 15,000 crore via a rights issue. The company’s board has approved the plan for the same.
According to the information given in a regulatory filing, the company will issue 15 billion equity shares of Rs 10 each totalling up to a whopping amount of Rs 15,000 crore to its existing shareholders.
As of yet, the company has not given any further clarification for raising such a large amount.
As was reported earlier by Indiantelevision.com, Reliance Jio also inked a spectrum sharing and trading agreement with Reliance Communications to strengthen its indoor coverage and voice services.
Further, the company also plans to offer 4G services at a monthly charge of Rs 300 – 500 and will also provide 4G mobile phones at a low price of Rs 4000 per unit.
Broadband
ACT Fibernet elevates Aditya Singh to chief customer experience officer
Former senior vp to drive service, retention and delivery revamp
BENGALURU: ACT Fibernet has elevated Aditya Singh to chief customer experience officer, effective 1 January, 2026, as the broadband provider seeks to tighten its grip on service quality in an increasingly competitive market.
Singh, who previously served as senior vice-president – customer experience and loyalty at group level, will now join the executive committee and lead the company’s end-to-end customer transformation agenda.
The move gives him oversight of customer service, customer retention and service delivery, alongside a broader mandate to strengthen network resilience and field operations. The company said the reshuffle underlines its intent to deliver a “consistent, seamless and superior” experience to its 2.3m subscribers across more than 30 cities.
Headquartered in Bengaluru, ACT Fibernet, the consumer-facing brand of Atria Convergence Technologies Limited, is one of India’s largest wired internet service providers. It has built its pitch on high-speed connectivity and responsive customer support, at a time when fibre roll-outs and price wars are redrawing the broadband map.
In a statement, Singh said he was “deeply honoured” to take on the expanded brief and join the executive committee as the company sharpens its focus on simplifying customer touchpoints and turning subscribers into brand advocates.
The elevation signals a clear priority: in a crowded fibre market, customer experience is fast becoming the decisive battleground.
