New Delhi: India’s newest and only profitable telecom operator Reliance Jio Infocomm Ltd. of three years has overtaken oldest incumbent and rival Bharti Airtel to become the second largest operator in terms of mobile subscriber base, data from the Telecom Regulatory Authority of India showed on Friday, showed. As of May end, Jio had 32.29 […]
Mumbai: Reliance Industries (RIL) Chairman Mukesh Ambani on Monday announced the launch of Jio GigaFiber and said that the services would be available commercially from September 5. Speaking to shareholders at the 42nd Annual General Meeting (AGM), Ambani said that the tariff plans would be priced between Rs 700 and Rs 10,000 per month. “We are […]
New Delhi: Reliance Jio continued to be on a spree on net addition of mobile subscribers adding over 82 lakh new users while Airtel lost 29,883 and Vodafone Idea had to let go of a massive 41 lakh customers as on June 30, 2019, according to data released by the Telecom Regulatory Authority of India […]
New Delhi: Credit profiles of telecom operators (telcos) will remain under pressure in the medium term due to intense competition, elevated debt levels and continued reliance on capital infusion for debt servicing and capex, India Ratings, a Fitch Group company has said. Reliance Jio will be the only telco whose market share may increase to […]
Mumbai: Set to create massive ripples in the growing digital streaming and video-on-demand market, Reliance Jio on Thursday commercially rolled out its fiber-to-the-home (FTTH) service “JioFiber” across 1,600 cities in India where the users will have an integrated experience of broadband, on-demand entertainment, voice-video calling and unlimited data, among others. With the Jiofiber welcome offer, […]
New Delhi: Forced by regulatory uncertainty over review of sunset clause for call termination charges, billionaire Mukesh Ambani’s Reliance Jio on Wednesday announced it will charge customers 6 paise per minute for voice calls made to rival phone networks, but will compensate them by giving free data of equal value. In a statement, Jio said […]
In a major announcement on Wednesday, Reliance Jio revealed that due to the undergoing regulatory policy changes for mobile-call-related charges, the Telecom major is compelled to recover interconnect user charge ( IUC ) for NON-Jio mobile voice calls. As per the new policy, all calls to NON-Jio mobile numbers will be charges at 6 paise/minute, […]
Gurugram: The telecom operators paid a total of Rs 11,838 crore as IUC or interconnect user charges in 2018, led by Vodafone which paid Rs 4,214 crore followed by Airtel at Rs 3,411 crore and Jio at Rs 2,809 crore, a new report by market research firm techARC said on Friday. BSNL/MTNL paid Rs 1,405 […]
Mumbai: Investment management company Merrill Lynch on Wednesday said Jio may continue its growth momentum as it remains the cheapest offering despite charging 6p for off-net calls. Merrill Lynch expects the subscriber momentum to slowdown in FY21-22 but expect average revenue per use (ARPU) improvement on back of tariff hike. “We believe its value proposition […]
New Delhi: Reliance Jio continued to be the only operator to add new subscribers, as the telecom major added 84.45 lakh users in August, taking its customer base to 34.82 crore, while its competitors Airtel and Vodafone Idea kept losing their subscriber base. According to data released by the Telecom Regulatory Authority of India (TRAI), […]
New Delhi: Bharti Airtel has displayed fastest download speeds of 9.6 mbps and best video experience across all telecom circles in India, while Reliance Jio has extended its 4G availability to 97 per cent, according to OpenSignal’s latest mobile network experience report. Airtel has excelled in the download speed experience category by scoring 9.6 mbps, […]
In a bid to stand tall in the telecommunication sector, Bharti Airtel recently unveiled a new brand identity ‘Airtel Xstream Fibre’ for its home broadband services. All home broadband plans will now be available under the new brand umbrella. The new brand identity reflects the strength of Airtel’s future ready network that offers ultra-fast broadband […]
New Delhi: Billionaire Mukesh Ambani’s Reliance Jio on Tuesday said it will increase mobile phone call and data charges in the next few weeks in compliance with rules, as it followed similar announcements by Bharti Airtel and Vodafone Idea on tariff hike. Jio, which had stormed the telecom sector with free voice calls and dirt […]
New Delhi: In a big relief to the telcos – Airtel, Vodafone and Jio, the Union Cabinet has approved the recommendation of the Committee of Secretaries (CoS) and allowed telcos a two-year moratorium on spectrum-related dues which translates into a Rs 42,000 crore financial support to the stressed sector. Deferment of spectrum auction installments would […]
Mumbai: After Vodafone Idea and Bharti Airtel, Reliance Jio on Sunday announced new tariff plans with up to 40 per cent increase in prices. The new “all-in-one” plans will come into effect from December 6, Reliance Jio said in a statement, adding that customers would now on get more benefits too. “Jio will be introducing […]
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