Apr 30, 2021 10:52 PM IST
Endeavor, the Los Angeles-based entertainment behemoth, raised $511 million in a US IPO earlier this week valuing it at around $10 billion. The bold deal has raised hopes of revival in the sector battered by the global pandemic.
- Apr 16, 2021 09:59 PM IST
For the spectrum, Reliance Jio Infocomm Ltd paid Rs 2,149.59 crore, while Bharti Airtel Ltd deposited Rs 157.38 crore, the government said in a statement.
- Apr 08, 2021 05:57 PM IST
Jio is the only entity which is one of the sponsors of all eight franchises in this year's edition of Indian Premiere League (IPL).
- Apr 06, 2021 04:46 PM IST
The aggregate value for the right to use this spectrum is Rs 1,497 crores, inclusive of present value of associated deferred payment liability of Rs 459 crores, subject to any transaction related adjustments.
- Mar 29, 2021 08:40 AM IST
Bharti Airtel and Vodafone India have pending AGR dues of about Rs 26,000 crore and Rs 50,400 crore, respectively.
- Mar 17, 2021 07:19 PM IST
Rival telcos Bharti Airtel and Reliance Jio added 5.9 million and 2 million wireless subscribers, respectively during the month.
- Mar 09, 2021 06:12 PM IST
Jio business said the price of connectivity and digital solutions plans, starting from Rs 901 onwards, is 'one-tenth' of the current market rate.
- Mar 09, 2021 09:27 AM IST
The government managed to sell 855.60 megahertz (MHz) of the spectrum which is 37 percent of the offered 2308.80 MHz by volume and 19 percent by value
- Mar 03, 2021 03:03 PM IST
The spectrum additions, which bring the government more revenue from fewer bidders than the 2016 auction, will help improve networks and protect the market position of existing entities, experts say.
- Mar 02, 2021 07:12 PM IST
The DoT aimed to raise at least Rs 3.92 lakh crore by auctioning the entire spectrum.
- Mar 01, 2021 07:11 PM IST
There were only three bidders - Airtel, Vi, and Reliance Jio - this year, as against seven bidders during the last spectrum auction in 2016.
- Feb 26, 2021 06:35 PM IST
The new offers aim to eradicate the nearly three decade-old 2G network technology and provide high speed internet services to the 300 million feature phone subscribers.
- Feb 19, 2021 02:16 PM IST
The highest growth rate in mobile subscriber base was recorded in Jammu and Kashmir, while the biggest decline was recorded in Punjab at 3.34 percent.
- Feb 05, 2021 03:06 PM IST
EBITDA or earnings before interest, taxes, depreciation, and amortization is a measure of a firm's broad financial performance. Among other highlights, Fitch expects industry monthly ARPU (average realisation per user) to grow by 5-10 percent in 2021-22 as 2G and 3G customers gradually upgrade to pricier 4G plans.
- Jan 28, 2021 08:57 PM IST
While Airtel’s customer base grew to 28.97 percent, Jio remains India's biggest telecom operator by market share at 35.34 percent. On the other hand, Vi's market share shrunk to 25.10 percent.
- Jan 22, 2021 11:28 PM IST
The key trend-setter remains the telecom business Reliance Jio, with performance driven by the tailwinds of the work from home culture, tariff hikes, traction in digital platform services and strong pick-up in JioGigaFiber services
- Jan 22, 2021 08:01 PM IST
The average revenue per user (ARPU) during the quarter came at Rs 151 per subscriber per month as against Rs 145 per subscriber per month in the September quarter.
- Jan 22, 2021 07:54 PM IST
Reliance Industries delivered strong operational results in Q3 with a robust revival in O2C and Retail segments, and a steady growth in Digital Services business.
- Jan 05, 2021 08:49 PM IST
The Digital Communications Commission, the apex decision making body of the DoT, in May last year approved the spectrum auction plan worth Rs 5.22 lakh crore which included radiowaves for 5G services as well.
- Jan 05, 2021 06:56 PM IST
In a media statement issued on January 4, RIL sought the urgent intervention of Government authorities to bring a complete stop to the illegal acts of vandalism by miscreants.
- Jan 01, 2021 04:22 PM IST
Reliance Jio stands to benefit the most from the zero IUC regime as it would no longer have to pay the rival operators - Bharti Airtel and Vodafone Idea - for the outgoing calls made by the Jio users.
- Dec 17, 2020 01:20 PM IST
This year saw many startups broaden their service bouquet and large players march into the superapp battlezone. While on one side there is Paytm and PhonePe, on the other there are players such as Amazon and WhatsApp. And to make matters more interesting, Reliance and Tata have thrown their hats into the ring. So, 2021 could mark the beginning of a fight for the largest share of the pie.
- Dec 10, 2020 09:26 PM IST
The Telecom Regulatory Authority of India (Trai) has recommended base price of proposed 5G spectrum in 3,300-3,600 Mhz band at about Rs 492 crore per Mhz unpaired spectrum on all India basis.
- Nov 23, 2020 08:52 AM IST
A number of them will jostle for the attention and share of wallet of the Indian customer. These are the issues they will need to address
- Nov 01, 2020 04:42 PM IST
This is the first time a sponsor is partnering with the BCCI exclusively for the women's counterpart to the Indian Premier League (IPL).