Reliance Industries made a strong pitch to the thousands of local cable operators associated with cable feed providers Den Networks and Hathway Cable and Datacom as it announced its purchase of the two companies. Reliance will spend Rs 2,290 cr for a 66% stake in Den Networks, and Rs 2,940 cr for a 51.3% stake […]
CNBC TV18, controlled by Reliance Industries, reported that the diversified company is likely to announce its acquisition of two of India’s top cable companies, Den Networks and Hathway Cable and Datacom, tomorrow. The TV channel, controlled by Reliance via a trust, said the acquisition is likely to be announced along with RIL’s second-quarter results on […]
Bharti Airtel said it will add 13,000 new mobile sites and introduce a key element of 5G technology in Karnataka in the next six months as part of its network upgrade. It also plans to add 4,500 km of optic fiber within the state in the same time period. As part of the upgrade, it […]
Bharti Airtel, India’s second largest telecom company by revenue, said it sees a “massive opportunity” for growth in India, its key market, due to the exit of all but four players. “A 3+1 player industry is a great outcome,” it said at the CLSA Investors Forum at Hong Kong. WIRELESS STRATEGY On 4G, the company said […]
Airtel and Netflix announced an expansion of their partnership in India through which the telecom operator will sell and promote Netflix content to its customers. Airtel TV, the video app from the operator, will have a dedicated row of Netflix content. It is not clear how much of the content will be made available on […]
Bharti Airtel said it has deployed an extra block of spectrum to its 4G service in Uttar Pradesh East circle, improving the carrying capacity of the network. “The addition of fresh 5 MHz spectrum will significantly boost Airtel’s mobile network capacity across UP (East) and enable a superior 4G data and voice experience for customers […]
Outgoing Idea Cellular CEO Himanshu Kapania admitted today that his company understimated the impact that unlimited plans would have on the company’s finances. Reacting to concerns about Idea Cellular’s failure to keep up with the revenue growth of Bharti Airtel and Reliance Jio in the last six months, Kapania identified two factors for the slowdown […]
Idea Cellular CEO Himanshu Kapania said his company has placed the order for radio equipment that will increase the company’s 4G capacity significantly in eight crucial circles as part of a massive network upgrade process for Vodafone Idea. “We have placed the order for TDD in both 2300 and 2500 MHz in eight circles… A large […]
Bharti Airtel, India’s largest telecom company be revenue, said it will increase the pace of expansion of its wired broadband service by four times this year as it responds to the launch of GigaFiber, the new pan-India fiber service from rival Reliance Jio. Speaking after announcing Airtel’s quarterly results, company officials said they would bring […]
Bharti Airtel said it expects prices in India’s telecom sector to start climbing again in around six months or so, and indicated it has no stomach for further price competition with newcomer Reliance Jio. The comments by company officials come a few months after Reliance Jio slashed its 4G prices citing actions from rivals such […]
Reliance Jio’s delays in ‘going pay’ with its content suite seems to be giving rivals like Bharti Airtel pause for thought as far as their content plans are concerned. Jio unveiled a large suite of content applications when it launched its telecom service two years ago, prompting rivals like Airtel and Idea Cellular to draw […]
Reliance Jio, the telecom arm of Reliance Industries, continued to post strong numbers. For the Apr-Jun quarter, Reliance Industries reported a 15% sequential jump in both revenue and EBIT (earnings before interest and tax) for its digital services division, which houses Jio operations. Digital services revenue for Reliance Industries rose to 9,653 cr for the […]
India’s Information Technology Department today unveiled a new plan of action to combat fake news that would require foreign social media firms like Facebook, Twitter and Google to establish offices in India and actively help in flagging and tracking down people who post troublesome messages online. Ravi Shankar Prasad also said WhatsApp, in particular, has […]
Market tracker CyberMedia Research has called Reliance Jio’s 4G and GigaFiber broadband subscriber targets unrealistic, and said it did not see the company meeting the year-end target of 300 mln for its 4G service or the 50 mln target for its fiber broadband service. “We at CMR feel Jio might slow down around 260-275 million […]
China-based Xiaomi, India’s No.1 smartphone brand, has been forced to start an aggressive TV campaign after its biggest rival, BBK Electronics, introduced its own no-frills handset RealMe 1. With this, BBK Electronics — which owns brands such as Oppo, Vivo and OnePlus — has successfully used Xiaomi’s own strategy to challenge the No.1 smartphone brand. […]
India’s cable company stocks have fallen by about 15%-25% since Reliance Jio, India’s largest telecom company by volumes, yesterday announced the commencement of its long-awaited fiber broadband and TV service from August 15. It is feared that the company’s entry can lead to widespread shutdowns and losses in the cable and broadband industry, similar to […]
Reliance Industries chairman Mukesh Ambani today announced that Jio will start giving out connections of its much-awaited broadband service, Jio GigaFiber, starting on August 15. Surprisingly, Ambani said the service will be available in 1,100 cities of India from Day 1, and not 100 cities as was announced two years ago. This means that Jio […]
WhatsApp, India’s largest communication platform used by an estimated 65% of the country’s online population, has come under scrutiny for providing a conduit to distribute ‘fake news’ after multiple cases of lynchings came to light. While the company has urged ‘society and companies’ to help tackle the menace, the messaging application has some more to […]
Reliance Jio Infocomm, the telecom subsidiary of Reliance Industries, said it will take a loan of $1 bln from Korea Trade Insurance Corporation to purchase goods from Korean companies Samsung and Ace Technologies. “The Facility is K-SURE’s largest deal in India as well as the largest deal supported by K-SURE in the telecom sector globally,” […]
Bharat Sanchar Nigam Ltd could end up launching 5G services as early as the first half of 2019, going by comments made by a senior official at an industry forum today. Speaking at the Mobile Device Summit 2018 organized by ‘The Mobile Association’, Anil Jain, the company’s Chief General Manager in charge of New Generation Networks promised […]
