The exact number of customers that will remain with Reliance Jio will be known after the Prime extension ends, said Nitin Soni, Director-Asia Pacific TMT at Fitch Ratings.
Reliance Jio has extended its deadline for subscribing to Prime membership to April 15, 2017. Bhupendra Tiwary, Research Analyst, Telecom and Media at ICICI Direct shared his views on how Reliance Industries Ltd (RIL) would react today on the back of this newsflow and what the other incumbents could face like Bharti Airtel and Idea Cellular.
In what will create India's largest telecom company with revenues of over Rs 80,000 crore, Vodafone on Monday said that it is in exploratory discussions with the Aditya Birla group's telecom arm Idea Cellular for a merger.
Nitin Soni of Fitch Ratings says Vodafone seems to have had the best deal in the auction. It managed to fill up gaps in its 4G basket with limited strain on balance sheet due to a recent equity infusion.
Virtual merger means sharing and trading of spectrum assets and Reliance Communications already shares and trades in these virtual assets with Reliance Jio, experts tell CNBC-TV18.
Expected blended tariff of the telecom sector is expected to fall by 10-15 percent in next year with entry of Reliance Jio, says Nitin Soni of Fitch Ratings. He also said that industry cannot afford to have more than 5-6 players.
To prepare itself for the big Jio launch expected in a few months, Airtel has introduced a new package through which it will offer 1 GB of data for a meagre Rs 51. But users will have to also pay a one time charge of Rs 1500 to enjoy the lower prices for 12 months to join the scheme.
Idea Cellular, India's fastest growing telecom operator, has now slashed the rates of its 4G, 3G BIG Internet packs by up to 67 percent, providing more value to heavy internet users who consume data packs of 2GB to 10 GB.
This debut may dilute the EBITDA margins for the top four incumbents in the data space, says Nitin Soni of Fitch Ratings. Prices could also fall.
Nitin Soni, director, Asia-Pacific corporate ratings at Fitch-Ratings says while 700 MHz is a nice spectrum to have, it is not a must have, and hence participation in this round of auction may be limited
Nitin Soni of Fitch Ratings says it is very important for Reliance Jio to have access to the contiguous 800 MHz spectrum in the overlapping 10 circles where it does not have that kind of a spectrum.
In an interview to CNBC-TV18, Nitin Soni of Fitch Ratings, shares his views on how the development will pan out for select stocks.
Fitch Ratings said in a special report released today that the 2012 outlook for most Indian telecommunications operators (telcos) is negative, as the nationally-owned and six smallest private telcos will continue to suffer operating losses.