RELIANCE JIO INFOCOMM LIMITED
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.
Trai may revisit decision not to regulate tariffs: RS Sharma
Highlighting the change in the stance of the telcos, the Trai chairman said in 2...
Telcos penalised Rs 3.2 crore for call drop in 12 months; maximum on Voda Idea
According to the data shared, highest financial disincentive...
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.
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
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 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%.
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.
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.
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.
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.
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.
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.
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.
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.
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