Anil Ambani Group’s Reliance Communications cleared a major hurdle for the sale of its assets to Reliance Jio with the Supreme Court lifting the stay imposed by the Bombay High Court on the transaction. However, there was no immediate relief for the company on the the NCLT stay. The stay by the High Court was […]
India’s state-owned telecom utility Bharat Sanchar Nigam Ltd is likely to report a decline of around 1.66 mln landline phone users in the year-ended March 2018, the highest in its history. During the first ten months of the just-concluded financial year, the company saw a 10.04% fall in its landline telephone users. At this rate, […]
Contrary to rumors, Reliance Jio is not giving an automatic extension in Jio prime membership to all its users, but existing members have to ‘express their interest’ through the company’s selfcare application. “Express your interest to get complimentary membership for the next 12 months,” the company said in a ‘how to’ statement for its existing […]
The government of India has set up a “Committee on Phone Frauds” to deal rising instances of theft of money using phone calls and one time passwords. India has seen a sharp increase in the number of ‘phishing calls’ made on phones in recent years for several reasons, including new laws that require people to […]
Financial services firm Credit Suisse said sales of Jiophone, which had begun to lose steam after an initial surge, are now back on track due to the affordable Rs 49 plan launched by Reliance Jio. Jiophone, priced at Rs 1,500, is estimated to be selling at the rate of about 6 mln pieces per month, […]
Newly launched telecom operator Reliance Jio has overtaken market leader Bharti Airtel as the company with the largest telecom network in India. As of March 1, Reliance Jio had 4.48 lakh telecom base stations (towers) in India, compared to 4.31 lakh base stations for Bharti Airtel. At the same time, Idea Cellular had 2.79 lakh […]
Aditya Birla Group and Vodafone have announced the list of office bearers who will run the company resulting from the merger of Vodafone India and Idea Cellular. Balesh Sharma, who is currently Chief Operating Officer of Vodafone India, has been chosen to head the new company, while the existing CEO of Vodafone India and Idea […]
Anil Ambani-led Reliance Communications said it is confident of completing the sale of the assets related to its mobile network to Reliance Jio on time. The company’s statement was in the context of the Supreme Court refusing to give any urgent relief on the stay imposed on the asset sale by the National Company Law […]
Reliance Communications said it had received the nod of the majority of its bondholders to its plans for selling most of its mobile network assets to Reliance Jio, and disclosed further details of its restructuring plan. “Noteholders holding in aggregate 44% of the principal amount of outstanding Notes were present or represented at the Adjourned […]
4G operator Bharti Airtel was clearly ahead of market leader Reliance Jio and challenger Idea Cellular in on-the-ground 4G speed tests conducted by the Telecom Regulatory Authority of India in ten cities in India this year. According to the data from these tests, Bharti Airtel scored an average download speed of 9.46 Mbps, 44% faster […]
Bharti Airtel, India’s largest telecom services provider, today unveiled its installment schemes for the new Samsung Galaxy S9 and S9 Plus that can save you anywhere from Rs 8,000 to Rs 11,000 over a two-year period. The plans are similar to what it has rolled out for the Apple iPhone, and offer value for those […]
Anil Ambani-led Reliance Communications said it was confident of overcoming the twin legal challenges posed by shareholders in its tower subsidiary and one of the company’s unsecured creditors, Ericsson. The company is selling much of its spectrum, fiber, towers and other network assets to Reliance Jio Infocomm, led by Anil Ambani’s brother Mukesh, for an […]
Reliance Jio, the 4G operator, said users of its JioTV streaming app can now choose any of the five camera angles while watching the ongoing Nidahas trophy as part of a new ‘interactive TV’ feature. Similarly, they can also choose to listen to different mics, such as the one on the stump or the stadium […]
Under an onslaught of cheap wireless internet devices from Reliance Jio, Indian brands such as iBall, Intex and Micromax have virtually exited the data dongle market, while the once dominant Huawei has been reduced to a 7% share, according to CMR. For the whole of 2017, all the top five models of datacards belonged to […]
The government of India “has developed” a plan to improve Internet connectivity in Lakshadweep Islands, communications minister Manoj Sinha said today. Lakshadweep Islands, home to about 70,000 people, are currently connected by satellite, which restricts the bandwidth and increases the cost of connectivity. The move follows the approval given to a Rs 1,100 cr project […]
The Telecom Commission, the top bureaucratic decision making body within the communications ministry, has approved a Rs 7,330 cr project to set up an additional 4,072 mobile towers in left-wing extremism affected areas, telecom minister Manoj Sinha said today. The project will be a follow-up the first phase, when BSNL set up 2,329 towers in […]
LYF, the mobile phone brand that was launched along with Reliance Jio, emerged as India’s No.1 mobile phone brand by shipments in January, market researcher CMR said. In January, LYF had a share of 27% in the overall mobile phone market in India, while Samsung was a distant second with just 12.1%. This was primarily […]
Matrimony.com, the company behind India’s largest matchmaking service bharatmatrimony.com, said it acquired divorcee-oriented secondshaadi.com for an undisclosed amount. “Secondshaadi.com is one of the early movers in this space and has built a good brand name,” said the acquirer. “Buying secondshaadi.com will help us consolidate our offerings and help divorcees and widowers get wider choices than […]
Reliance Digital TV, the DTH service that was recently sold by Anil Ambani Group to investors led by Pantel’s Vijender Singh, has taken a leaf out of Reliance Jio’s Jiophone scheme to come back into the market. The company is offering a ‘free DTH connection for 1 year’ in return for a refundable deposit of […]
CMR, part of CyberMedia, said a total of 14.83 cr 4G LTE devices were sold in India during 2017 — or one for every 5 adults in the country. The number of 4G devices sold in the country rose 80% compared to 2016, it added. This includes mobile phones, tablets and dongles and mifi devices. […]
