Lyf

Reliance Industries (RIL) Chairman Mukesh Ambani, on Thursday, spelt out his plans to roll out a 4G mobile network in India. Speaking at the 42nd Annual General Meeting, Ambani charted out an ambitious growth path for Jio. Here are a few takeaways from the meet.

Rel Jio ties up with Flipkart to launch Lyf products

Ajay Yadav, VP - Mobile Category says this is an exclusive tie-up and the reaction so far from customers is according to forecasts.

Telcos will watch for Jio launch; won't act in haste: JPMorgan

Speaking to CNBC-TV18, Viju George of JPMorgan said that telecom players will be watching for Reliance Jio's launch, its pricing and implied value in the ARPU (average revenue per user) bundle.

Rel Jio claims 1.5-mn test users on network,mum on launch date

Reliance Jio, which is gearing up to launch its 4G services, said that during the quarter, it extended its trial services to all LYF devices users under the Jio LYF Preview Offer.

LYF smartphone could be $1-bn brand in 2016-17, says CLSA

"Achieving about 7 percent market share of the estimated 137 million smartphone sales in FY17 will mean sales of 10 million units. This could make LYF a USD 1 billion brand using an ASP (average selling price) of USD 100," CLSA said.

Jio handset 'Lyf' may come with unlimited 4G, free sim: Srcs

Data volumes have been declining for telecom operators like Bharti and Idea Cellular, and with this development, the analysts fear that the operators have to cut the volume even further to push up demand in light of Jio competition, reports Reema Tendulkar of CNBC-TV18, quoting sources.

India smartphone mkt up 23% amid flat global growth

Global smartphone shipments remained flat at 344 million units in January-March, impacted by weaker demand in China and Brazil as well as parts of Europe, as per Counterpoint.

Reliance Retail starts sale of its 4G LYF devices

Reliance Retail has started selling three models of its own 4G smartphone brand LYF to compliment group firm Reliance Jio's services that are expected to be launched by March-April.

Reliance Retail posts highest ever quarterly turnover in Q3

Reliance Market stores now serve over 2 million registered members across 37 cities. Addition to Reliance Market store network continued during the quarter enabling Reliance Retail to reach out to more kiranas, traders and institutions as partners across the country.