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 […]
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, […]
itel Mobiles said it sold 1.6 million handsets in the month of October with its marketing strategies and 100 day replacement warranty offer. The total mobile phones sold in one month in India is around 15 mln. “Our marketing strategies and service proposition of 100-day replacement warranty offered on itel Mobile products have driven great […]
International broking and financial services firm Credit Suisse said Reliance Jio’s unlimited 4G preview offer is now available without any invites. Under the pre-launch offer, the company gives unlimited calls, data, app subscription and SMS for a period of 90 days for anyone buying a LYF branded handset. “… our checks showed that in at […]
International financial services group Credit Suisse said Reliance Jio, the telecom arm of Reliance Industries, are preparing for a soft launch of its 4G services, three months after it was opened up to employees and their friends. “Our visits to Reliance Digital stores in Mumbai revealed that the stores are preparing for a possible soft […]
The Reserve Bank of India is unlikely to cut its key interest rates anytime this year if rains remain deficient, Bank of America Merrill Lynch said in a note. Economists Indranil Sen Gupta and Abhishek Gupta also said retail inflation could decline to 6% by January if monsoon rains remain largely along expected lines. “We […]
