Credit rating agency India Ratings has warned that the ongoing consolidation in the telecom industry caused by the entry of Reliance Jio will be painful for lenders and banks, but was good for the industry as whole. It said it had become difficult for smaller players to survive in the market after the entry of […]
Reliance Communications today said that it was ‘optimizing’ its 2G and 3G networks in the light of its decision to focus on 4G, but also dropped a hint it may use the towers and infrastructure to later launch its own, fully-owned 4G network. At present, it depends on Reliance Jio for delivering 4G services and […]
Reliance Communications, the telecom arm of the Anil Ambani Group, has got moving on its announced strategy of becoming a 4G-only operator by shedding its GSM and 3G operations. According to industry sources, the company has been re-allocating its staff to the 4G division and gradually switching off GSM cell sites. The GSM network could […]
Reliance Communication Ltd said it received the approval of Department of Telecommunication (DoT) for its merger with Sistema Shyam Teleservices Limited or SSTL, which runs MTS branded services in India. With this, the Anil Ambani Group company has received all the major regulatory approvals for the merger. The closure of the transaction is expected by […]
State-owned Bharat Sanchar Nigam Ltd said it would offer one month of its wired services — DSL, landline or fiber — free if the booking is made via Twitter or Facebook. The user will have to pay security deposits and installation charges, if any. However, he or she will get a month’s worth of services […]
The stock of Bharti Airtel is at a two-year high, not far from its life-highs of late 2007, but going by the latest tariffs unveiled by Reliance Jio, investors will do well to hold off on the bubbly for a while longer. Airtel closed at Rs 461.30 on Tuesday, buoyed by two factors — the […]
Wallet players like Paytm, Mobikwik, PhonePe and AmazonPay have come up with cash back offers for Reliance Jio users who want to take advantage of the Rs 399 recharge scheme valid till today midnight. Last week, India’s largest wireless Internet provider said anyone recharging with Rs 399 to get 84 days of ‘free’ usage, will […]
Reliance Jio has unveiled a set of new plans that will come into effect from tomorrow, effecting a price increase of about 15% to existing tariff. The phrasing of the new plans also suggests that these are ‘regular’ plans, and not promotional offers that will disappear after three months. 15% ON AVERAGE Most scheme has […]
Most customers of Reliance Jio, the country’s largest telecom operator by volumes, will not be able to get the 84GB-for-399 plan starting next month, the company’s deputy chief financial officer V Srikant said on Friday. Asked how the company’s average revenue per user (billing rate) is likely to move going forward, Srikant said it was difficult […]
Reliance Jio has reported revenue of Rs 7,213 cr, including GST, and an operating profit of Rs 261 cr for the second quarter of the financial year. However, after deducting costs related to the wear and tear of its machines, Reliance Jio reported a pretax loss of 414 cr. This means that on the bottom […]
Reliance Jio has reported revenue of Rs 7,213 cr and an operating profit of Rs 261 cr for the second quarter of the financial year. Per capita data consumption was 9.62 GB per user per month. Average voice consumption was 626 minutes per month during the period, it added. This is the first quarter of […]
State-owned telecom provider Bharat Sanchar Nigam Ltd will increase the speed cap on all its DSL and Fiber broadband plans to 10 Mbps. At present, most plans have a speed cap of 4 Mbps. However, higher speeds will be available only in areas which are relatively close to the telephone exchange. For example, the ADSL […]
Reliance Industries, the parent of telecom operator Jio, will announce its quarterly performance numbers at around 5 pm today. Besides its core oil and gas business, the company will give an update on the operations of its telecom unit. Some in the market even expect it to reveal the new set of tariffs that will […]
Reliance Jio, India’s most popular wireless data provider, said it will introduce new plans from Oct 19, and that it was offering “100%” cashback on its popular recharge of Rs 399 that gives three months of services. In a promotion put up on its website, the company said the 100% cashback was a Diwali offer, […]
Idea Cellular and Bharti Airtel are offering 1 GB of 3G or 4G data per day for 84 days at a price of around Rs 400 in select circles, including voice benefits, matching Jio’s lowest tariff. The offer is available only for targeted users. For example, for someone who has already activated a similar pack […]
Idea Cellular, which has been under pressure in recent months due to aggressive offerings from rivals Bharti Airtel and Reliance Jio, has unveiled a new promotional offer that gives 1 GB per day for 28 days at a price of around Rs 250. Unlike other plans, this one does not offer any voice benefits. But […]
Reliance Communications, which announced it was abandoning plans to merge with Aircel Cellular, indicated that it would focus on two segments – 4G and wired. Within wired, it would focus on enterprise services. The disclosure indicates that the company, — which recently shut down its GSM network in Gujarat — could close more and more […]
The average data consumed by wireless users in India has increased five fold in the last year one year, even as prices crashed by 97% due to the launch of Reliance Jio. For India as a whole, the total consumption of wireless data touched 4.3 bln GB in the three months from April to June […]
Idea Cellular, one of India’s top telecom companies, is working with the assumption that its users will increase their data consumption from the present level of around 2.2 GB per month per head to 15 GB per month by next year, CEO Himanshu Kapania said. “Idea is planning on a business model of 15 GB […]
All three of India’s top mobile networks — Bharti Airtel, Vodafone and Reliance Jio — are currently conducting trials of a key 5G technology that makes use of a very high number of antennas to increase the capacity of the network, David An, the technology head of ZTE said today. “Today we are very glad […]
