Reliance Jio's ARPU can grow to Rs 200 in 1-2 years
Looking at all the three divisions of Reliance Industries, the stock is here to perform well, says market expert Sushil Choksey.
Representatives of Reliance Jio depose before parliamentary panel on data security
The Joint Committee of Parliament on the Personal Data Protection Bill, chaired by BJP MP Meenakshi Lekhi, questioned Reliance Jio executives about privacy of data of its subscribers and users of Jio platforms.
Reliance Jio's Q2 net profit logs near 3-fold jump to Rs 2,844 crore
Telecom major Reliance Jio Infocomm on Friday reported a near three-fold rise in its standalone net profit for the July-September quarter at Rs 2,844 crore. During the same period of last year, the company had reported a consolidated net profit of Rs 990 crore. Jio's revenue from operations during the period under review rose 33 per cent to Rs 17,481 crore.Reliance Jio's Q2 net profit logs near 3-fold jump to Rs 2,844 crore
Reliance Jio nearly trebles Q2 profit to Rs 2,844 crore; revenues up 33%
Profit rose to Rs 2,844 crore in the quarter from Rs 990 crore a year ago and Rs 2,520 crore in the preceding quarter, Jio said in a statement Friday. The market had estimated Jio’s quarterly profit at roughly Rs 2,850 crore.
Reliance Jio Q2 results: Profit grows nearly 3-fold to Rs 2,844 crore
Analysts in an ETNOW poll had estimated the number at Rs 2,740.
Bharti Airtel narrowing gap with Reliance Jio on 4G in India: Report
While the average proportion of time that Jio users spent connected to 4G has increased by 0.5 of a percentage point since the last report to reach an impressive 98.7 per cent, Airtel saw its score increase by 1.1 percentage points. As a consequence, Jio's lead has dropped from 3.7 percentage points to 3.1.
Senior advocate Harish Salve offers Reliance Jio’s fibre prowess for a nation-wide network
CJI Bobde said the court was initially thinking of asking the government to set aside a dedicated satellite — as their prices had come down substantially — but was advised that fibre optics is better for video conferencing and exchanging data.
JioPages: Reliance Jio unveils 'Made-in-India' mobile browser which supports 8 Indian languages
Reliance Jio has launched new, revamped `JioPages', its Made-in-India mobile browser that is available in eight Indian languages and promises enhanced browsing experience while focusing on data privacy. The new version of the browser made its debut on Google Playstore on Tuesday. JioPages is built on the Chromium Blink engine, and provides enhanced browsing experience through faster engine migration, webpage rendering, faster page loads, efficient media streaming, Emoji domain support and encrypted connectioJioPages: Reliance Jio unveils 'Made-in-India' mobile browser which supports 8 Indian languages
Reliance Jio planning to sell 5G smartphones for Rs 2,500-3,000 apiece: Company official
"Jio wants to bring the device for less than Rs 5,000. When we scale up the sales, it can be priced in the range of Rs 2,500-3,000," a company official said on the condition of anonymity.
Trai slaps ₹35 crore penalty on telcos for fake text messages
The Telecom Regulatory Authority of India’s penalties are on various counts of violation of the Telecom Commercial Communication Customer Preference Regulation, documents accessed by ET showed.
Tatas plan to take head on Reliance Jio and SBI, to setup retail payments network
The Tata Group has joined the likes of Reliance Jio and the State Bank of India in the race to build a new mass-market payments entity that would challenge the existing non-profit monopoly, the National Payments Corporation of India(NPCI). Under the central bank's New Umbrella Entity (NUE) licence framework, applications given the green light by Mint Road can own and operate a pan-India retail payments network.Tatas plan to take head on Reliance Jio and SBI, to setup retail payments network
RIL's Jio Platforms receives Rs 33,737 crore from Google
"We hereby inform that, after receipt of all requisite approvals, Jio Platforms Limited, a subsidiary of the Company, today received the subscription amount of Rs 33,737 crore from Google International LLC (a wholly owned subsidiary of Google LLC)," RIL informed BSE on Tuesday.
Tata Group may take NPCI, SBI & Reliance Jio head on in retail payments play
Applications given the green light by the central bank can own and operate a pan India retail payments network under the same provisions of the Payments and Settlement Act of 2007 which enables NPCI to control the hugely successful channels such as Unified Payments Interface (UPI) and IMPS architecture.
Reliance Jio makes switching easier; launches 'carry forward credit limit' feature
Reliance Jio has waived security fee deposit for postpaid customers who switch to its network from rival mobile service providers, a company official said on Friday. The company will offer the same credit limit to the customer what it offers to its existing subscribers, the Jio official said.Reliance Jio makes switching easier; launches 'carry forward credit limit' feature
Jio wants periodic spectrum auctions, SpaceX pushes for satellite use to promote broadband
The Mukesh Ambani-led firm had in September too written to Telecom Secretary Anshu Prakash questioning the Department of Telecom's rationale to pause the policy of annual spectrum auctions and said the sale of airwaves should be held at the earliest to meet the demand for data services.
Airtel’s Gopal Vittal, Jio's Mathew Oommen join GSM Association board of directors
Industry body GSM Association (GSMA) on Monday elected new members to its Board of Directors, including Gopal Vittal, CEO, Bharti Airtel and Reliance Jio president Mathew Oommen for a period of two years starting January 2021 to December 2022.
Vi may raise tariffs by 15-20% end of 2020 or early 2021
Bharti Airtel may follow but both will closely watch rival Reliance Jio’s moves and calibrate their rates accordingly, said two people familiar with the matter.
Jio deal to only involve 'limited' data sharing for ecomm transactions, Facebook tells CCI
CCI had approved the acquisition of a 9.99% stake in RIL-owned Jio Platforms by Facebook entity Jaadhu for ₹43,574 crore in June. The Facebook unit told CCI that neither company will acquire each other’s data, according to the order, dated June 24.
Very big scalability in Reliance Jio and Retail not seen over next 3-5 years
It will not be very unrealistic to expect between 15% and 25% growth in pharma, CRAM & specialty chemical businesses, says Sachin Shah.
Reliance Jio launches UPI-enabled Jio Pay for select subscribers
It was earlier reported that Jio was working with the NPCI to bring UPI to its 388 million 4G subscribers.
Reliance Jio informs Supreme Court it is not liable for Rcom's AGR dues
According to legal sources, the affidavit filed in the top court ahead of Monday's AGR hearing , clarifies that the telecom government did not demand any AGR dues from the Mukesh Ambani-led telco, for its spectrum sharing and trading agreements with Rcom.
Banking, energy and power stocks to move up in Samvat 2077
Earnings are going to be slower for this year and maybe it will take all of next year before they catch up to where they were a year ago, says Anand Tandon.
Stick to Reliance as value unlocking in retail & Jio continues
Reliance may stay in the range of Rs 1,900 on the downside and Rs 2,400 on the upside in short term, says Vivek Mavani.
No connect over 5G for Reliance Jio Infocomm and Bharti Airtel
The 5G airwaves sale has also been deferred till 2021 in the absence of relevant use cases and lack of interest from Vodafone Idea and Airtel, which have said the 5G spectrum base price is too high and will not attract bids.
Bernstein sees Reliance Jio, Retail IPOs in the offing, ups target on RIL to Rs 2,470
Bernstein analysts pointed out that Reliance Jio continues to grow strongly and gain share, and stake sale in the retail venture was also a positive.
Here’s what brokerages say after Reliance Jio unleashes new postpaid tariff war
According to ICICIdirect, the new postpaid plans by Reliance Jio creates a new layer of tariff-based competition in the segment that was so far unchallenged and lucrative.
AGR verdict only partial relief, 'pricing revival' key: Telcos
The telecom industry has termed the Supreme Court’s recent verdict allowing telcos to spread payment of adjusted gross revenue (AGR) dues over 10 years as only a partial relief, and said that a ‘pricing revival’ would be critical for long-term growth of the sector.
Flipkart rolls out 'dark stores' for deliveries as it takes on Reliance's JioMart
Last week, Flipkart announced the launch of its hyperlocal services called ‘Flipkart Quick’ in various parts of Bengaluru, where consumers can book a two-hour delivery of about 2,000 products like grocery, fresh items and smartphones, among other electronic items.
Lenders seek letter of comfort from Voda Idea over outstanding loans
Vi had said in its latest earnings release on Thursday that its continuation as a going concern depends on successful negotiations with lenders and its ability to generate the cashflow needed to settle/refinance its liabilities and guarantees as they fall due.
Bharti Airtel fared better than both Jio and Vodafone Idea in Q2
“The strong net adds (13.9mn) reported by Bharti in Q2 indicated that it had gained market share, likely at the expense of VIL,” brokerage UBS said in a report.
RIL Q2 results preview: Here's what to expect
Mukesh Ambani-controlled Reliance Industries may report a drop in its performance from a year ago when it unveils its September quarter earnings on Friday. The company may, however, log a sequential improvement even though full-recovery to pre-Covid levels is yet to happen. Analysts will also wait and watch company’s take on the legal tussle between Amazon Inc and Future Group, which has put the RIL-Future Group on hold.RIL Q2 results preview: Here's what to expect
Apple, Airtel, Jio and Netflix lead customer experience: Kantar
As per the report, Among Digital Devices, Apple emerges as the leader, with Xiaomi at second place. One Plus and Samsung tied for third place. There is a tie for the first place among Telecom network providers with Airtel and Jio at the top, while Tata Sky came first among satellite service providers. There were no other brands in the list.
Apple, Airtel, Jio and Netflix lead customer experience: Kantar
As per the report, Among Digital Devices, Apple emerges as the leader, with Xiaomi at second place. One Plus and Samsung tied for third place. There is a tie for the first place among Telecom network providers with Airtel and Jio at the top, while Tata Sky came first among satellite service providers. There were no other brands in the list.
Bharti Airtel shares jump nearly 13% a day after telco narrows Q2 loss to Rs 763 crore
India’s no. 2 telco saw its sixth straight quarterly loss after higher finance costs and a one-time charge. Revenue, though, at Rs 25,785 crore, was up 22% on-year in the July-September period, a seasonally weak quarter for the telecom sector.
FIIs not gung-ho about India's telecom story; cut stake in Airtel, Vodafone Idea
Foreign institutional investors (FIIs) have cut their stake in Bharti Airtel by 258 basis points (bps) and by 99 bps in Vodafone Idea.
Telecom companies meet parliamentary panel, urge 5G spectrum in multiple bands
Senior DoT officials, it is learnt, told the panel that there is no ban in theory on any Chinese gear makers, stopping them from selling 5G gear, but like other companies from bordering countries, they too have to take additional approvals.
Govt clears Rs 25,215 crore Reliance Jio-Brookfield tower deal
The approval has been given on the basis that investment of Rs 25,2150 crore by Brookfield Sponsor and other investors into the trust by way of issue should be in compliance with applicable “FEMA rules and regulations and the InvIT regulations,” according to a document filed with SEBI last week.
Reliance Jio unveils JioGlass to expand presence in virtual reality space
"Jio Glass comes with a convenient cable that you can attach to your phone and thus connect to the internet. It is at cutting edge of the technology that provides best in class mixed reality service," Reliance Jio Infocomm President Kiran M Thomas said at RIL annual general meeting (AGM).
Trai extends deadline by 30 days for tariff disclosure compliances
According to the regulation on tariff publication released by Telecom regulatory authority of India (Trai) last month telecom companies were supposed to produce a compliance report within 15 days.
Video streaming set for explosive growth in India as Jio plans 5G roll out
According to global market research firm PwC's 'Global Entertainment & Media Outlook 2020-2024,' the Indian E&M industry is expected to grow at 10.1% CAGR to reach $55 billion by 2024.
Jio unveils new, upgraded 'JioPages'; made-in-India mobile browser supports 8 Indian languages
Sources, meanwhile, said the previous version had seen over 14 million downloads and all those users would be upgraded to the latest version in a phased manner.
Jio, Qualcomm align efforts on 5G, achieve over 1Gbps speed in trials in US
Qualcomm Technologies and Reliance Jio on October 21 announced they achieved over a 1 Gbps milestone speed on the Jio 5GNR solution, leveraging the Qualcomm 5G RAN Platforms. Qualcomm and Jio along with its wholly-owned subsidiary Radisys Corporation announced their expanded efforts to develop open and interoperable interface compliant architecture based 5G solutions with a virtualized RAN. This work is intended to fast track the development and roll-out of indigenous 5G network infrastructure and services in India. This achievement not only supports Jio's 5G credentials but also signifies the entry of Jio and India into the Gigabit 5G NR product portfolio. Speaking about the initiative Mathew Oommen, President, Reliance Jio Infocomm, said, "We are excited about working with Qualcomm Technologies in developing new generation cloud native 5G RAN technology that is truly open and software defined. The development of secure RAN solutions with Qualcomm Technologies combined with Jio Platforms and scale provides the ideal combination for local manufacturing and for accelerating the realization of Atmanirbhar Bharat for an inclusive 5G nation."Jio, Qualcomm align efforts on 5G, achieve over 1Gbps speed in trials in US
Jio, Qualcomm successfully test 5G solutions in India, achieve speed of over 1 Gbps
This work is intended to fast track the development and roll out of indigenous 5G network infrastructure and services in India, the companies said in a joint release.
Jio Platforms, Qualcomm successfully test 5G solutions, clock over 1 Gbps speed in trials
The announcement follows through from the Reliance AGM 2020, where Chairman Mukesh Ambani announced plans for a 100 percent "homegrown 5G" network in India.
Reliance Jio to invest over Rs 1K-crore in cable landing station in WB: CM Mamata Banerjee
Industry experts expect a rapid transformation of West Bengal’s IT and ITeS sectors once Jio’s cable landing station becomes operational. Stronger broadband connectivity is also slated to boost local tourism and employment generation prospects in the state, and lend impetus to the local economy and eventually raise living standards.
Active users' tally: Jio gains 2.5 million subscribers in July as Airtel, Vodafone Idea slip
Active subscribers are calculated based on reported Visitor Location Register (VLR), a key metric reflecting the number of active users on a mobile network.
Telcos differ on adoption of India-centric 5G norms; Bharti Airtel, Vi caution of gaps in standards
TSDSI’s 5G standard, among other things, calls for deployment of 5G services in the 3.4 GHz band and suggests mobile towers be spaced 12 km apart in villages to ensure ubiquitous 5G coverage in rural India.
Telcos stop issuing delivery reports on bulk SMSes, companies fret
Companies who send bulk SMS with numeric headers are complaining that not revealing which SMS was actually delivered to the end user means they won't be able to ascertain if their SMS reached its target audience. Also, they will now need to pay for all the messages, irrespective of whether they were delivered or not.
Travesty if rivals made to pay each other’s dues: Reliance Jio Infocomm to SC
The country’s largest telco has been dragged into the adjusted gross revenue (AGR) case mainly between India’s older telcos and DoT after the apex court sought to find out if bankrupt telcos such as RCom, Aircel and Videocon had filed for insolvency to evade paying the dues.
Stock market news: RIL shares climbs nearly 1%
Shares of Reliance Industries Ltd. traded 0.48 per cent up in trade at 11:43AM on Tuesday.
Jio crossed 400 million user base in July, inactive users still more than rivals: Trai
Its inactive user base continued to be higher than its rivals Bharti Airtel and Vodafone Idea, according to latest data released by the Telecom Regulatory Authority of India (Trai).
Delhi HC issues notices to SBI, others in Anil Ambani personal guarantee case
Along with SBI, Insolvency & Bankruptcy Board of India (IBBI) and the Ministry of Corporate Affairs will also have to file their responses in a plea filed by Ambani, where he is seeking to implead the three Chinese lenders - Industrial and Commercial Bank of China, Export-Import Bank of China, and China Development Bank - in the case.
Mumbai grid collapse affects telecom coverage, operators working to restore connectivity
Electricity supply has been disrupted in many parts of Mumbai and Maharashtra following the grid collapse causing widespread power outage.
Mobile operators' revenues to improve in Q2: Analysts
Factors like increased recharges, reverse migration, and easing of lockdown curbs helped operators overcome an otherwise seasonally weak quarter.
Reliance Jio's homegrown tech may give them a leg up in India's 5G race
Last month, RIL chairman Mukesh Ambani had said Jio had developed a homegrown 5G technology solution and planned to offer it to other telcos worldwide, a move that would pit it against the likes of global vendors, Nokia, Ericsson, Huawei and Samsung, in what experts said was the first such initiative by a mobile carrier.
Bharti Airtel seeks more clarity on AGR payments from here on
On September 1, the Supreme Court had given telcos 10 years to pay their balance dues. In Airtel’s case, the remaining amount is close to Rs26,000 crore, of the total nearly Rs44,000 crore. Airtel is clear that it needs to start paying its instalments from fiscal 2021-22, though the telecom department says telcos must pay 10% of the balance by March 2021.
Jio offers transfer of credit limit of other telcos
Customers opting for a Jio Postpaid Plus SIM card will not be charged security deposit, the operator said in a release on Friday.
Q2 results preview: Losses to narrow for telcos; ARPUs, revenues to look up sequentially
Kotak Institutional Equities expects Bharti Airtel to report a net profit of Rs 75.7 crore, compared with a loss of Rs 23,044.9 crore a year ago.
Indus Towers close to signing fibre deal with Reliance Jio, Tata Sky, Tata Tele
Indus, a three-way joint venture between Bharti Infratel, UK’s Vodafone Plc Group and Vodafone Idea, is in advanced talks with all three companies to lease out its shareable dark fibre resources in Vadodara, Gurgaon and Dehradun where the telecom tower company is rolling out fibre infrastructure for smart cities. Around 100 route kms of dark fibre will be available for customers in each of these markets, the executive said.
It took 25 years for older telcos to create 2G network, and Jio just 3 years for 4G: Mukesh Ambani
Reliance Industries Chairman Mukesh Ambani said on Thursday that the Fourth Industrial Revolution presents a unique opportunity to create unprecedented value and prosperity for everyone in all spheres of life. "We built a world-class, all-IP, future-proof digital network that delivers the highest speeds and the best coverage across India. While it took 25 years for the Indian telecom industry to build its 2G network, Jio built its 4G network only in three years."It took 25 years for older telcos to create 2G network, and Jio just 3 years for 4G: Mukesh Ambani
It took older telcos 25 years to build 2G, and Jio just 3 years for 4G: Mukesh Ambani
Ambani also emphasised the changes Jio brought in connectivity and data consumption. " India’s monthly data consumption went up from 0.2 billion GB to 1.2 billion GB… a growth of 600%... and data consumption has been multiplying ever since. Today, India consumes over 6 exabytes of data every month… more than 30 times pre-Jio levels, just four years ago," he said.
Jio Platforms, WhatsApp won't share user data
Jio Platforms and WhatsApp will not share their user data except to the extent required to enable transactions between ecommerce platform JioMart and Facebook’s messaging and payments platform, people familiar with the matter in both companies said.
Saudi, American firms eye stakes in Reliance's Jio
Three deals in three weeks injected a combined $8 billion in the group and help it pare its debt.
Buying a new Jio postpaid plan? Pay up to Rs 1,800 as security deposit
The JioPostpaid Plus scheme was unveiled last month with five different tariff options. The starting plan, at Rs 399, offers offers 75 GB data, free calling and SMS. Customers also get Amazon Prime, Netflix and Disney+Hotstar VIP subscription. It also offer 200 GB data rollover facility.
In a bid to counter Jio, Airtel brings back Rs 399 postpaid plan
Jio announced its JioPostpaid Plus scheme last month. It offers 75 GB data, free calling and with Rs 99 more customers can get access to Amazon Prime as well.
With Jio in mind, Mukesh Ambani's RIL calls off merger of Viacom18, Sony
Digital media and entertainment are now essential pillars of Jio’s business and it has consequently decided to retain a majority stake and management control, according to people familiar with the matter, who said Reliance would invest and grow its digital media business.
Telecom companies seek to get charges for Aadhaar-based e-KYC authentication scrapped
Mobile phone companies have urged the government to scrap the “unreasonably high” charges of Rs 41 for Aadhaar-based electronic-know your customer (e-KYC) authentication, saying it’s limiting the use of the facility for user verification.
Reliance Jio Infocomm to deploy its own voice over new radio (VoNR) technology on 5G
The telco has already developed its own technology which powers its voice over LTE (VoLTE) services nationally and handles more than 10 billion minutes of calls on a daily basis. Kiran Thomas, president at Reliance Industries (RIL), Jio’s parent, said that VoNR is backward compatible and will work on 4G as well.
RIL fibre arm to raise nearly Rs 40,000 crore via InVIT route
The fibre optic unit, earlier a part of RIL's telecom arm, Reliance Jio, has a debt of Rs 87,296.3 crore, including suppliers' credit.
Reliance Jio trumps Airtel in Q1 ARPU growth on stronger tariff hike impact
Jio on Thursday had nearly trebled its net profit to Rs 2,520 crore in April-June period -- its 11th profitable quarter in a row -- helped by a combination of tariff increases, strong customer adds and lower finance costs after reducing debt. Shares of Jio’s parent, Reliance Industries (RIL) were marginally down 1.8% in Friday afternoon trade on BSE.
Jio had 87 million inactive users of 397 million base in June: Kotak
“Who are these 87 million Jio subscribers who are recharging their SIMs regularly, but are not connected to Jio’s network,” said Kotak Institutional Equities in a note, analysing June subscriber data put out by the Telecom Regulatory Authority of India (Trai) and recent investor disclosures by the telco.
Keep customer’s SIM inactive by default abroad: Trai to telcos
Trai, however, refrained from intervening in the tariff structure of international mobile roaming (IMR) services, saying operators already follow practices to prevent bill shocks to users travelling abroad.
Trai refrains from intervening in international mobile tariffs
According to the Telecom Consumer Protection (11th amendment) Regulations 2020, issued Wednesday, the authority said, “considering the fact that the tariffs for IMR Service have been evolving in response to market dynamics and increasing prevalence of IMR Packs, as of now there is no need for any direct intervention in the form of price regulation of IMR Service.”
Tech companies call for delicensing of E & V spectrum bands, junk telcos' claims
The Broadband India Forum has just shot off a letter to telecom secretary Anshu Prakash, saying any move to stop delicensing of E & V spectrum bands and auction it instead, on the suggestion of telcos, would rob Indians of the benefits of high-speed, gigabit capacity broadband connectivity and go against the sector regulator’s call for freeing up these airwaves.
'Not too many options, people have to seriously allocate in Reliance'
‘Reliance in a portfolio is absolutely critical given the huge outperformance coming from the largest market cap company.’
Reliance Jio & Facebook differ on key issues
Facebook and Jio’s views diverge sharply on the matter of providing access to data.
Abu Dhabi's Mubadala to invest $1.2 billion in Reliance's Jio Platforms
Reliance has now sold 19% interest in Jio Platforms, which houses movie, music apps & Infocomm.
Reliance Jio may face stiff challenges as it targets global 5G tech space
Experts say Reliance Jio will face stiff challenges as it enters the 5G club and offers its product to operators globally, with rivals Huawei, Nokia and Ericsson ahead in developing the technology and in filing patents. ET's Devina Sengupta has more. Watch now. (Text: ET Bureau)Reliance Jio may face stiff challenges as it targets global 5G tech space
Airtel, Vodafone Idea, Reliance Jio change their operating models
Industry executives and company officials said that even the sales operations will change, with teams now targeting neighbourhoods instead of long distances to generate business leads. They are also expected to restart talks to lower network costs, with demand surging in an era where social distancing will become the norm.
Reliance Jio says no preferential access to Facebook, Whatsapp
In Facebook, we have found a partner who is a leading technology company globally, who can help us with a lot of things that we're doing, who can advise us, we can collaborate on areas. Also, you know, Facebook, understands this business, understands the space, so they understand the Jio story better than most others would do, Anshuman Thakur said.
How Facebook is logging into the Reliance Jio ecosystem
The Reliance-Facebook deal has ensured the creation of yet another high-powered ecosystem.
Stiff competition awaits Reliance Jio as it takes 'made-in-India' 5G tech to the world
The effort is time-consuming as components related to 5G and many processes would already have been patented. Jio being a new entrant will take time to catch up with its rivals like Huawei, Ericsson and Qualcomm.
To fight Amazon and Reliance JioMart, Flipkart wholesale will pick up Walmart’s best price
Walmart has long been scouting for a viable and competitive business model for the Best Price brand, which consists of 28 stores and ecommerce operations.
Reliance Jio tops Trai's 4G chart with 16.5 mbps download speed in June
Idea followed Jio in download speed chart with 8 mbps speed, the latest data published on Trai's Myspeed portal showed. The Telecom Regulatory Authority of India (Trai) recorded average download speed of 7.5 mbps and 7.2 mbps on 4G network of Vodafone and Bharti Airtel, respectively, in June.
Jio has big plans for postpaid, here’s what they announced
Telecom provider Jio is expanding its postpaid services, adding five new plans under the PostpaidPlus moniker that offer a wide range of services and bundles. All its new plans offer some variation of free OTT services like Prime, Hotstar and Netflix.
Jio starts offering mobile services on 22 international flights
With this, Jio has become the second Indian telecom company to offer in-flight service. Tata group firm Nelco has started providing in-flight mobile services in Vistara airlines on the London route.
Reliance Jio seeks spectrum for 5G trials, plans to sell tech to overseas buyers
"Jio has said that high frequencies has been put to use in advance countries like the US, South Korea, Japan, Canada, the UK. They also want trails in these bands should start in India to make India "Aatmanirbhar". Government is open to the suggestion and trials. Already many trials are going on," an official source said.
Jio adds nearly 4.5 million subscribers in June; Airtel, Vi suffer customer losses: Trai
Bharti Airtel and Vodafone Idea (Vi), however, lost 1.12 million and 4.82 million customers respectively in June, in the aftermath of the December 2019 hikes and post-lockdown pangs as many feature phone users with prepaid connections gave up mobile connections as they were unable to recharge.
Netflix, Amazon Prime are latest weapons in India’s telecom war
On Tuesday, Jio launched a new Rs 399 plan for users who opt for monthly billing instead of pay-as-you-go packs. Besides 75 gigabytes of data, customers would get access to Netflix on a mobile device and one-year subscription to two over-the-top applications and access to Jio’s movie and songs library.
Global brokerages see 66% upside in Bharti Airtel; should you buy?
Credit Suisse and Macquarie continued to retain their bullish view on Bharti Airtel with a price target of Rs 700, indicating an upside of 66 per cent from the current market price.
Voda Idea, Airtel stocks dive as Jio rings in new postpaid plans
Analysts said Jio’s latest postpaid offerings are likely to have a comparatively limited impact on Bharti Airtel as against Vi’s, which may face heavier customer and revenue losses, amid continuing concerns over its quality of services and weaker digital engagement.
Telecom stocks plummet after Jio unveils postpaid plans
After unleashing a price war in mobile tariffs and fibre-broadband services, billionaire Mukesh Ambani-led Reliance Jio on Tuesday unveiled postpaid plans, bundling up to 500 GB of data and subscription to Netflix, Amazon Prime and Disney + Hotstar.
Mukesh Ambani’s latest disruptor is a Rs 4,000 phone
With over $20 billion dollars worth of investment in his kitty, Reliance head honcho, Mukesh Ambani is taking his Jio plans to the next level and developing the complete package including hardware.
Jio not liable for RCom AGR dues: Government
“Shared operator TSPs (telecom service providers) cannot be saddled with the liability to pay the past dues of AGR (adjusted gross revenue) of licensee, that have shared the spectrum with the original licensees,” Minister of State for Communications Sanjay Dhotre told the Lok Sabha on Monday.
Jio unleashes post-paid tariff war, targets high paying Airtel, Vi users
Up till now, Jio, which had just one postpaid plan at Rs 199, concentrated largely on the prepaid customers, who form the main segment of telecom subscribers in India.
A $50 phone is Mukesh Ambani's weapon to dominate India's telecom market
Reliance Chairman Mukesh Ambani is aiming to remake the country’s smartphone industry much like he did in wireless services, where his aggressive prices and simple plans quickly made him the dominant force.
View: Reliance Jio’s 5G foray is exactly the push India needs in this direction
In the 5G world, telecom operators need to move beyond connectivity and collaborate with multiple stakeholders across sectors such as finance, transport, retail and healthcare to deliver innovative digital services.
Airtel, Vodafone Idea urge government to release spectrum in E & V Bands
Bharti Airtel’s CTO Randeep Sekhon also said that spectrum in E band and V band will be key to 5G backhaul in India. The government should allow these bands at the earliest, he said.
Reliance's Jio TV+ eyes huge disruption in video streaming space with its unified interface
The app will come with a unified interface for all Jio set-top box users and offer a single log-in for 12 video streaming services, including Netflix, Amazon Prime Video, Disney+ Hotstar, Voot, Sony LIV, Zee5, Lionsgate Play, JioCinema, Shemaroo, JioSaavn, YouTube, and Eros Now.
Reliance Jio and Google to jointly develop affordable 4G, 5G smartphones in the future
Under the partnership, Google will provide optimisations to its Android operating system and the Play Store for smartphones that Jio will launch in the market, the two firms said on Wednesday. Google is also aiming to take the affordable smartphones and services developed out of its partnership with Jio to the rest of the world.
