Reliance Jio is a subsidiary of Jio Platforms. It operates a national LTE network with coverage across all 22 telecom circles. More
The elevation of Akash is part of a well-executed succession plan by Mukesh Ambani as he passes on the baton to the next generation. Mukesh Ambani remains chairman of the holding company Jio Platforms as well as the larger RIL group
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Akash Ambani, the son of RIL chief Mukesh Ambani, had joined Jio in 2014.
Spectrum totalling 72 gigahertz (Ghz) would be put on the block in the auction expected to commence on July 26.
Vodafone Idea lost about 15.7 lakh mobile subscribers during April 2022, the monthly subscriber data released by the Telecom Regulatory Authority of India (TRAI) on Thursday showed.
Bharti Airtel and Reliance Jio led new customer additions in both mobile telephony as well as fixed line services segment in March.
While a large share of its earnings continuing to be derived from its downstream refining and petrochemicals businesses, the consumer businesses of telecom and retail have now become very meaningful drivers of both earnings and value
For an additional cost of Rs 100 per month, the users will gain access to six OTT applications, and for Rs 200 per month, the access will be expanded to 14 apps.
Net Sales are expected to increase by 5.4 percent Y-o-Y (up 18.8 percent Q-o-Q) to Rs. 21,708.3 crore, according to ICICI Direct.
The Reliance Jio new plans with a Disney+ Hotstar Premium subscription come with a starting price of Rs 1,499.
New Delhi, Feb 17 The mobile user count in India fell by 1.28 crore in December 2021 compared to the previous month, with Reliance Jio and Vodafone..
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Retail and digital assets are moving from strength to strength in terms of capabilities through inorganic forays, indicating that RIL would be in a vantage position to capitalize on new age businesses and normalization of consumption demand in times to come
Jio saw a margin beat in the third quarter with EBITDA margins at 49.2% while ARPU improved to Rs 151.60. A tariff hike of 20% improved profitability despite a fall in subscriber base caused by SIM consolidation.
According to a monthly telecom subscribers report released by the telecom regulator Trai on Tuesday, Jio now leads the fixed-line broadband segment with 4.34 million customers.
The deferred liabilities were in relation to spectrum acquired in auctions between 2014 and 2016
According to pre-Budget recommendations of telecom industry body COAI, whose members include Vodafone Idea, Bharti Airtel and Reliance Jio, the telecom sector wants the government to suspend universal service obligation fund (USOF), which financially supports rollout of telecom services in the rural area, to reduce burden on the service providers.
Reliance Jio’s integration with UPI autopay has made it the first player in the telecom industry to go live with the unique e-mandate feature that was launched by NPCI.
"Given our existing portfolio, growth engines and our strong balance sheet availability of finance and opportunities will be unlimited," Ambani said.
Vodafone Idea (VIL) and Bharti Airtel network also recorded a rise in average 4G download speed during the month.
The move comes days after rivals Airtel and Vi also increased prepaid tariffs, citing the need for higher ARPU amid financial stress faced by the industry, demand for new technologies and telecom spectrum dues.
All eyes are now on Jio. A hike will boost its revenue but if Jio holds tariffs, there could be potential subscriber churn which would be a negative for Bharti and Vodafone Idea, say analysts
The subscriber base of Airtel stood at 35.44 crore in September as against 35.41 crore users in August. The net additions for the telco came in at 2.74 lakh users, the monthly subscriber data compiled by the Telecom Regulatory Authority of India (TRAI) showed.
Customers can pay Rs 1,999 and pay the remaining amount of Rs 6,499 in easy EMIs.
The phone with a 5.5-inch HD+ display will run on Android 11 (Go Edition) with Pragati OS on top.