Reliance Jio

Telcos penalised Rs 3.2 crore for call drop in 12 months; maximum on Voda Idea

​​According to the data shared, highest financial disincentive of Rs 1.76 crore has been imposed on Vodafone Idea, which includes Rs 1.11 crore on account of call drop in Vodafone network and Rs 65 lakh on Idea, while minimum penalty of Rs 6.5 lakh was levied on Reliance Jio.

Reliance Jio says its rates still cheapest despite Airtel, Vodafone Idea move to remove offnet call limits

While Airtel and VIL raised their prices by 40%, Jio came out with a revised plan few days later but up to 25% lesser.

Tariff revision: Experts expect Reliance Jio to gain most from hikes

The Mukesh Ambani-owned telco yesterday unveiled revised tariffs, which were as much as 40% costlier.

Reliance Jio increases tariffs by up to 40%

The Mukesh Ambani-led Jio, which had started a tariff battle in the sector with its entry in 2016, has increased its headline price plans for the first time since its launch. Its two older rivals had raised their prices earlier this week, also by about 40%.

MyGate makes key leadership hires

These key hires come as the company embarks on an aggressive expansion drive to grow to 15 million homes across 40 cities in the next 18 months.

Airtel’s AGR burden likely to get heavier

The department of telecom is set to hold Bharti Airtel liable for some dues of Videocon tele and Aircel.

Reliance Jio, Airtel tariff hikes likely to elevate core inflation

Das noted that timing of interest rate cut was important rather than mechanical cuts.

Stocks in the news: Federal Bank, PNB Housing, ITC, Bharti Airtel and Ujjivan SFB

PNB Housing Finance said its exposure to the Omaxe group stood at over Rs 456 crore

Airtel, Jio roll out higher incentives for retailers

The fresh bout of competitiveness comes soon after Vodafone Idea and Bharti Airtel — battling high debt, widening losses and facing over Rs 89,000 crore in new statutory dues — raised rates by up to 40% on December 3. Jio raised tariffs on December 6 but said its rates were still as much as 25% cheaper than those of its rivals.

India must have at least 3 private telcos, says Sunil Mittal

Sunil Mittal has termed the situation as 'dire' and seeks help from telcos, regulators and the apex court.

No more free fiber: Reliance Jio starts billing home broadband users

New customers are now being billed, and old customers have been told to choose one pack or another.

Bharti Airtel world’s 3rd best telecom stock in 2019

Airtel’s $3b fundraisings and improved free cash could mitigate the risk of AGR payments.

Reliance Jio to raise tariffs by 40% from December 6

After Vodafone Idea and Bharti Airtel, Reliance Jio too has announced to hike its tariffs by about 40 per cent.

Airtel to roll out VoWiFi this month

The VoWiFi technology allows users to connect to a public WiFi hotspot or any standard private home WiFi network and make outgoing calls to any mobile phone number and landline, across operators, using handsets which support the technology. It is designed to plug indoor network gaps as operators continue to find it challenging to get site approvals in residential areas.

BASIC nations play hardball, EU comes up with new ‘Green Deal’

It is learnt that the BASIC joint statement, saying "the progress on the pre-2020 agenda will be the benchmark of success for this COP", sounded an alarm bell in the EU camp which has been resisting linking of Kyoto Protocol pledges (pre-2020) with the progress on Paris Agreement (post-2020) actions.

Reliance's ROCE may rise to 11% in 2 years: Morgan Stanley

Over the past decade, RIL's post-tax ROCE (return on capital employed) has been around 7-8 per cent.

Reliance Jio plans could be 20 per cent cheaper than other telcos: Report

Even with a tariff hike of 40%, Jio would be cheaper by 15-20% than its rivals, analysts firms say.

Telcos to gain from more data use as callers may shift to OTT apps

“In a plan with voice tariff hiked and data price being same, calling will shift to OTT,” International Data Corporation’s India research director Navkendar Singh said, adding that voice-over-OTT apps using WiFi for connectivity could also rise, as WiFi connectivity at home and public places expands.

Average customer unlikely to pay for outgoing calls, says Jio

The Mukesh Ambani-led telecom operator added that its new plan are offering up to 25 per cent more value than that of rivals.

Reliance Jio may have to bear some of RCom’s AGR dues

Jio's dues will need to pay will include those on RCom’s spectrum that was part of the 2016 trading deal.

Vodafone Delhi NCR's fastest 4G Network: Broadband testing firm Ookla

Fastest 4G speeds in Delhi NCR is based on analysis by Ookla Speedtest Intelligence data of mean download speeds basis tests taken by 4G users using the popular Speedtest app from October to December 2019.

Reliance Jio likely to bag Reliance Infra's mobile tower, optical fibre for Rs 3,600 crore

Reliance Communications, which is undergoing insolvency proceedings, has put all its assets for sale, which include spectrum holding of 122 MHz that the company before insolvency proceedings estimated to be around Rs 14,000 crore, tower business worth Rs 7,000 crore, optical fibre network worth Rs 3,000 crore and data centres worth Rs 4,000 crore.

Signals are clear: DTH operations of Airtel, Dish TV may merge

ET was the first to report on March 18 that Bharti chairman Sunil Mittal had initiated talks with the Essel Group promoters to merge their DTH operations. The move had come after Mukesh Ambani’s Reliance Jio took a controlling stake in two of the country’s largest multisystem operators – DEN Networks and Hathway Cable & Datacom.

Reliance Jio to raise prices in few weeks

Jio said that it will raise tariffs in next few weeks, following steps of its competitors Airtel & Voda Idea.

Airtel, Vodafone Idea remove cap on free outgoing calls to other networks

Both the telcos, on December 1, announced new plans under which call and data charges became dearer.

Tariff hikes to double telcos' Ebitda: Crisil

In the last few weeks, Airtel, Vodafone and Jio have increased their tariff- a first since 2016.

Airtel, Vodafone and Jio: Here's how much you will end up paying

​Airtel and Vodafone Idea have ended their Rs 169 and 199 plans that offer 1GB and 1.5GB data per day, respectively, for 28 days. Airtel will provide access to its premium content on Airtel Xtream.

Qualcomm working with Jio, Flipkart, Amazon to develop 5G use cases for India

Qualcomm’s plans to be a 5G ecosystem enabler in India and participate in the development of country-specific 5G use cases comes at a time when sections in the government and also among India’s older telcos have often maintained that globally popular 5G use cases such as automated cars to robotics surgery won’t work in the India context.

Airtel bullish on 35% RMS, could gain big at Vodafone Idea's cost

In case no help comes on the AGR front, any hope that Voda Idea has will evaporate pretty quickly.

After Airtel & Voda-Idea, Reliance Jio to hike mobile tariffs in few weeks

Reliance Jio Tuesday said that it will raise tariffs in the next few weeks, following the steps of its competitors Bharti Airtel and Vodafone Idea, in a move that will help the industry in revenue recovery after years of a price war.After Airtel & Voda-Idea, Reliance Jio to hike mobile tariffs in few weeks

RIL gains as CLSA ups target price on Jio booster

Reliance Jio Infocomm raised its tariffs by nearly 40 per cent, but some of its plans are almost 25 per cent cheaper than those of rivals Bharti Airtel and Vodafone Idea.

OnePlus begins pilot exports of 5G phones from India

The Chinese smartphone maker is testing 5G capabilities at its R&D centre in Hyderabad.

Airtel, Jio, Vodafone Idea seek Trai's intervention for setting up floor price of data services

"Telecom service providers in the private sector namely Bharti Airtel Limited, Reliance Jio and Vodafone Idea Limited are in complete agreement that TRAI be requested to regulate tariffs by setting a floor price for data services," the COAI director general Rajan S Mathews in a letter dated December 3, 2019, to the TRAI chairman Ram Sewak Sharma said.

Telcos shares rise on proposal to fix floor price for data tariffs

Vodafone Idea shares spurted 11.21 per cent to trade at Rs 7.84 apiece in early deals on the BSE.

Crisis in the telecom sector casts shadow over 5G spectrum auction

Ernst & Young has estimated that it would cost $100 billion or so to launch 5G in India.

How Reliance Jio dodged the AGR bullet

Fund-raising to boost Bharti Airtel's books: Analysts

Bharti Airtel’s application for permission to increase its foreign shareholding limit to 100 per cent is still pending with the government.

Bharti Airtel to gain at cost of Vodafone Idea, say brokerages

The two firms have been lobbying together with the government for relief on payment of the statutory liabilities.

Bharti Airtel board approves fundraising of $3 billion via debt and equity

Airtel will launch one or more QIPs or OFS or a combination of similar offers to raise $2 billion.

Modi govt inherited high cost of mobile internet from UPA govt: Ravi Shankar Prasad

"The mobile phone mess was the scam-tainted legacy of UPA. We have set it right, expanded mobile telephony with consumer satisfaction. Also Committed to making BSNL/ MTNL professional and profitable," Prasad said a day after Congress alleged that private operators were set to gain Rs 36,000 crore every month from the tariff hikes.

'Airtel, Vodafone Idea shedding crocodile tears': Reliance Jio to COAI

Billionaire Mukesh Ambani's Reliance Jio on Wednesday slammed telecom industry body COAI for its "threatening and blackmailing" tone in its communication to the government on non-existent crisis in the sector following the Supreme Court ruling on payment of statutory dues. Jio said it disagrees with the "threatening and blackmailing tone" of COAI and accused the older operators of not investing sufficiently in the sector and "shedding crocodile tears" by claiming financial stress.'Airtel, Vodafone Idea shedding crocodile tears': Reliance Jio to COAI

US body, COAI, others, question Trai's attempt to regulate cloud service providers

In its response to the Trai consultation paper on cloud services, the US India Business Council (USIBC) said there’s more than sufficient regulation of cloud services in the industry and Indian CSPs should not be subject to new regulation. COAI, an industry body that represents private telcos, too questioned Trai’s authority to regulate CSPs.

Reliance Jio announces new tariff plans for JioPhone users

The company, which had earlier issued special plans for smartphone users, has come out with four new monthly plans in the range of Rs 75 to 185 with 500 minutes of talk time for calls made to other networks.

Voda Idea, Airtel rally up to 18% on tariff hikes

Both increased rates only for prepaid subscribers, who account for over 90 per cent of their user base.

Why Sanjeev Zarbade is betting on these 3 financials

We are bearish on two-wheelers and like passenger vehicles better in the auto sector.

Airtel's new plans start: Here's what's in it for users

The users of Rs 1,699 plan would have to pay Rs 2,398, which is an increase of 41%. It would continue to offer unlimited calling, 100 SMS and 1.5GB data per day. Bharti Airtel had merged Rs 169 and Rs 199 plans for 28 days to offer a Rs 248 plan with same benefits.

Telecom tariff hike won’t hurt: Government

The government believes data and voice calls will be the cheapest in the world and lower than four years ago.

Stocks in the news: YES Bank, Tata Motors, RBL Bank, Biocon and Dish TV

Tata Motors, a Tata Group firm, said it has bagged an order for over 2,300 buses.

COAI promises better tech, network with extra revenue

The industry’s move to raise tariffs will ultimately benefit the customer and the government, COAI said, adding that revenue generated from higher plans will be ploughed back into improving customer experience.

Reliance Jio Q2 net up 45%, but ARPU signal weak

PAT rises to Rs 990 cr while ARPU falls on addition of more JioPhone subscribers.

Supreme Court's AGR ruling will lead to telecom sector's collapse: FICCI to FM

FICCI in a letter to Nirmala Sitharaman seeking her urgent intervention to resolve woes in the telecom sector said the debt-ridden industry has no appetite left to invest in networks and future technologies while businesses across the world are exploring new opportunities around emerging technologies like 5G, AI and internet of things.

Reliance Jio Q2 results: Brokerages see 90% rise in profit

Jio is likely to report nearly 90 per cent year-on-year (yoY) rise in net profit for the quarter ended September 2019. It posted a profit of Rs 681 crore in the corresponding quarter last year.

Reliance Jio announces Diwali offer

Under the Diwali offer, the teleco is offering its JioPhone for just Rs 700 along with benefits of Rs 700

Vodafone Idea, Airtel lose over 49 lakh users in Sep; Jio and BSNL gain: TRAI

As per the data, Bharti Airtel lost 23.8 lakh users in September to take its total user base to 32.55 crore. Similarly, Vodafone Idea lost 25.7 lakh users in the month to take its total user base to 37.24 crore. However, Reliance Jio added 69.83 lakh users in September, taking its total user base to 35.52 crore.

RCom Insolvency: CoC expects to raise Rs 14,000 cr from assets

Assets up for sale include airwaves in the 850 MHz band in 14 of India’s 22 telecom circles, about 43,000 telecom towers, some fibre and data centres. Bharti Airtel has made the highest bid of Rs 9,000 crore and has offered upfront payment but wants all the assets and not parts of it.

Low tariff regime over, telcos up rates by 40-50 per cent

All the three private telecom players on Sunday announced pre-paid tariff plans with 40-50% higher rates.

HSBC sees 10% upside in Reliance Industries; should you invest?

“RIL’s consumer businesses driving the upside. Jio and retail to continue to drive upside.”

RCom shares rally 6% to hit upper circuit on asset sale buzz

RCom's secured debt is estimated to be around Rs 33,000 crore.

Beaten-down telcos soar on signs price war receding

Vodafone Idea has soared by 138 per cent since the close of trading Nov. 14.

Mukesh Ambani wants to make Reliance Jio "virtually net debt free" by March 31, 2020

Reliance Industries Ltd (RIL) on Friday said it will set up a new subsidiary to bring all its digital initiatives and apps under a single entity, and infuse Rs 1.08 lakh crore equity into this new unit. The new structure is similar to those adopted by tech titans globally, and will offer a compelling investment proposition to strategic and financial investors, many of whom have evinced strong interest in partnership, the company said in a statement, adding that this will also create the largest digital services platform company in India.Mukesh Ambani wants to make Reliance Jio "virtually net debt free" by March 31, 2020

Vodafone Idea, Airtel shares plunge despite AGR relief; what should investors do?

The market is selling on news and buying on rumours, says Dipan Mehta of Elixir Equities.

Reliance Jio tops 4G download speed chart again with 21.0 Mbps speed in September: Trai

Vodafone’s 4G download speed dipped considerable from 7.7 Mbps in August to 6.9 Mbps in September. Idea’s speed on the other hand witnessed marginal improvement in the same duration from 6.1 Mbps to 6.4 Mbps.

TRAI hopes to finalise views on call connect charges by November-end: Official

A senior TRAI official, who did not wish to be named, said the regulator is hopeful of firming up its views by November-end but did not divulge further details. The official was speaking on the sidelines of ASEAN-TRAI program on capacity building and sharing of best practices in policy regulation and development.

RCom rallies 6% to hit upper circuit on asset sale buzz

RCom's secured debt is estimated to be around Rs 33,000 crore. Lenders have submitted claims of around Rs 49,000 crore in August.

Potential payment of past-due fees weighs on Bharti Airtel's credit profile: Moody's

Airtel, Voda Idea and other telcos face as much as Rs 1.47 lakh crore in past liabilities.

Landlines get a boost in Jammu & Kashmir as shutdown affects mobile networks

From around 9.9 million active subscribers in July (just before the network shutdown on August 4), the total active subscriber base of the J&K circle stood at 4.9 million in September. The landline subscriber base of J&K, which has remained stagnant in the past, saw net additions of 1,073 and 14,731 connections in August and September respectively.

Reliance Jio Q2 net profit up 45% YoY; ARPU drops for 7th straight quarter

Jio added a net of 24 million subscribers during the quarter to make a total of 355.2 million.

Reliance Jio adds 8.4 million users in August; Airtel, Voda Idea lose: Trai

Bharti Airtel lost more than 5 lakh subscribers, which dragged its overall subscriber base to 327 million. Vodafone Idea lost over 4.9 million subscribers, pulling down its total subscriber base to 375 million in August.

RIL first Indian firm to cross Rs 10 lakh crore m-cap

It is now the world’s 67th most valuable stock and has risen 41 per cent this year.

RIL pips BP Plc to become 6th largest energy company

The stock — which has risen 36% so far this year — is trading at 21 times FY20 estimated earnings and 3.5 times book value. The RIL stock ended up 2.47% at Rs 1,547 on the BSE Wednesday. RIL chairman Mukesh Ambani, with a net worth of $58 billion, remains the richest Asian.

Reliance Jio tariff hike rumours send Airtel, Vodafone soaring

Bharti Airtel closed 5.29% higher at Rs 367.25, while Vodafone Idea jumped 9.03% to Rs 6.16.

Part relief for telcos from 2-year spectrum moratorium but more measures needed: Analysts

The Union Cabinet headed by Prime Minister Narendra Modi approved giving Bharti Airtel, Vodafone Idea Ltd and Reliance Jio an option to avail a two-year moratorium on payments they were supposed to make in yearly installments for the spectrum bought in auctions.

Older telcos back consumer choice on moving users to 4G from 2G

"While operators would love to go to a single network, it saves them money as well, but we can't force people to do things that they don't want to do, we must let the market decide and let the customer decide,” said Rajan Mathews, director general of Cellular Operators Association of India (COAI) said.

Voda Idea ARPU needs to jump 83% to meet FY23 cash needs

Vodafone Idea shares closed nearly 2.5 per cent lower at Rs 5.89 on BSE Wednesday.

Ringer row: Reliance Jio increases ring time to 25 seconds

Ahead of the decision by Trai, Jio increases ring time for outgoing calls to 25 seconds from 20 seconds.

Airtel, Jio, 2 others eye Reliance Communications assets as bids open on Monday

While Airtel and Jio are expected to bid mainly for RCom's 850 MHz spectrum, I Squared Capital is likely to vie for the telco's data centres and optic fibre assets. RCom's 43,000 towers, housed under Reliance Infratel, are also up for sale.

Market Movers: What changed for D-Street while you were sleeping

Net-net, foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 1,131 crore on Tuesday, data available with NSE suggested.

Airtel, Reliance Jio in fresh spat over ringer time

Airtel alleged that "one large 4G-only operator" has slashed ring time for outgoing calls to other networks.

Airtel, Vodafone Idea fall for second day; here’s what experts say

On the other hand, Jio’s parent Reliance Industries was up 1.63 per cent at Rs 1,562.

Tycoon loses $3 billion as India’s mobile war weighs on wealth

Birla is the latest mogul to burn his fingers in Indian telecom since Mukesh Ambani’s entry.

Stricter penalty for misuse of PM, President pics

Penalty of Rs 1 lakh may sooner be imposed upon usage of photographs of Prime Minister or President for promotion of business and repeating the offence shall be further penalized amounting Rs 5 lakhs. The penalty for improper usage of national emblems stands at Rs 500 with no higher fines imposed on repeating the offence.

Delay in implementation of zero call connect charges to hurt service affordability: Jio

Reliance Jio Director Mahendra Nahata said that the ratio of incoming and outgoing call is now at par with each other and traffic asymmetry can, therefore, no longer be the reason to delay implementation of Bill and Keep (BAK) regime. Nahata alleged that the subscriber traffic is being diverted to 2G, 3G network to show cost of voice is high.

Telcos to defer 5G rollout for 5 years as prices too high

Exorbitant prices, insufficient spectrum and newer bands’ unavailability are about to mar India's 5G plans.

Airtel, Jio bid for RCom telecom assets

Bharti Airtel, Reliance Jio, Varde Capital and UV Asset Reconstruction Company have submitted bids to buy assets of debt-ridden Reliance Communications.

Here's why 4G spectrum auction is more important for Reliance Jio Infocomm than Airtel and Vodafone Idea

Coming auction crucial for Jio Infocomm as licence to use key 4G band in 18 circles expires in mid 2021.

Relief for telecom’s one less worry for lenders

Loans to the telecom sector may not slip in the near term, hope banks.

Relief for telecom is one less worry for lenders

As per Department of Telecom’s (DoT) calculations submitted to the SC on July 15, telecom companies owed nearly Rs 93,000 crore in license fees, penalties and interest.

Stocks in the news: YES Bank, RIL, Vodafone Idea, NBCC, AB Capital

Here are a few stocks which may buzz the most in today’s trade.

Lonely at the top! What powered RIL’s trail-blazing journey in last 30 years

Investors have reposed immense trust in RIL’s vision, helping valuation climb 60,742% since ’91.

Airtel, Infratel among 6 bidders for RCom assets; Jio stays away

Jio is said to have asked RCom’s RP for a 10-day extension of the Nov 11 deadline for submission of bids.

FII flows not sustainable unless corporate numbers improve: Hemang Jani

India is up almost about 11-12% versus the US markets -- be it Dow or S&P or NASDAQ.

NCLT directs DoT not to suspend Aircel’s spectrum license

The battle between Aircel , which keeled under a debt of Rs 26,000 crore, and Department of Telecommunications (DoT) started when the latter demanded dues on airwaves be paid to the government failing which licenses should be suspended .

Floor price no longer on agenda as telcos set to increase tariffs

A 10% increase in realisations from subscribers may yield about Rs 35,000 crore in revenue over three years.

Market Movers: What changed for D-Street while you were sleeping

Here’s breaking down the pre-market actions.

Broader index expensive, but several subsets are attractive: Mark Matthews, Julius Baer

The good news is that India will reach a bottom in GDP growth this year at 5.5% for the full year.

BSNL to also go in for tariff hike next month

Owing to a tariff hike by Reliance Jio in its voice and data packages, rival companies Vodafone idea and Airtel said they would increase tariff with effect from December this year. State-owned BSNL has also reviewed its plans and is set to raise prices from December, 2019 to beat sectoral stress.

Big chunk of users seen switching to Reliance Jio

In the April-June quarter, Vodafone Idea had reported a 4.3% sequential fall in revenue, which dipped below Jio's for the first time.

Mukesh Ambani advises fellow telecom billionaires how to raise money

Airtel can easily raise Rs 40,000 crore by selling assets, while Voda Idea has no dearth of funds, he said.

Reliance JioFibre: Mukesh Ambani unveils broadest range of plans

Mukesh Ambani's much anticipated fiber-to-the-home (FTTH) service is finally launched. JioFiber plan rentals will start at Rs 699 and will go up to Rs 8,499. The lowest tariff will start with 100 Mbps speed. Most tariff plans come with access to all the services.Launched on August 12, Jio Fiber will see its commercial rollout today. The service, which has the potential to alter the broadband landscape in IndiaReliance JioFibre: Mukesh Ambani unveils broadest range of plans