January 23rd, 2016 3:01 PM 40 COMMENTS

Reliance Communications Q3 net profit up 9.6% in Rs 171 crore

Reliance Communications (RCom) has posted 9.6% sequential jump in net profit in the third quarter at Rs 171 crore. It had posted Rs 156 crore net profit in the second quarter of the current fiscal. The company’s consolidated revenue in the quarter however fell 1.1% at Rs 5,298 crore from Rs 5,355 crore in the last quarter. Consolidated EBITDA stood at Rs 1,803 crore, up 1.2% from Rs 1,782 crore... Read More

January 22nd, 2016 6:28 PM 95 COMMENTS

Reliance Jio pan-India launch likely in April, to generate $1.7 bn revenue by 2016-17-end: Brokerage firm

Mukesh Ambani-owned Reliance Jio’s pan-India launch of 4G services will happen by April this year, even as the telco seems set to acquire 23% share of India's non-voice market by the end of its fourth year of commercial operations, according to Morgan Stanley. The brokerage said, in a note to clients, that Reliance Jio, which last month launched 4G services for its group employees, will generate $1.7 billion of revenue by... Read More

January 22nd, 2016 5:31 PM 11 COMMENTS

Idea 3G data subscriber base surged to 21.2 million, 3G data ARPU dips marginally in Q3

Idea Cellular said that its 3G data subscriber base has increased by 8.2 million to 21.2 million in the third quarter of fiscal year 2016 over the last one year. The company had 19.5 million 3G subscribers in the second quarter of the fiscal year. The growth however happened at a low penetration of 12.3% on EoP subscribers, while in comparison 55.5 million (annual increase of 27.3 million) of Idea’s... Read More

January 22nd, 2016 3:56 PM 7 COMMENTS

RailTel launches free Wi-Fi service with Google at Mumbai Central

RailTel which provides Internet services as RailWire via its extensive fiber network, today announced the launch of free high-speed public Wi-Fi service in partnership with Google at Mumbai Central. Google has committed to work with Indian Railways’ and RailTel to expand the network quickly to cover 100 of the busiest stations by end of this year and will eventually roll out the service in 400 railway stations across India. Even... Read More

January 22nd, 2016 8:59 AM 10 COMMENTS

Indus Towers plans big for Tamil Nadu; sets up 5,920 green sites

With an aim to provide robust connectivity in Tamil Nadu, Indus Towers, India’s largest telecom tower company, has set up 5,920 green sites and 5,505 non-AC sites in the state. It has reached over 28,700 tenancies in the past eight years and is connecting over 79.3 million wireless subscribers across Indus Towers’ second largest telecom circle. The company also provides employment to over 4,000 employees (directly and indirectly) in the circle. “With... Read More

January 21st, 2016 7:27 PM 26 COMMENTS

Trai asks fixed broadband service providers to increase transparency with consumers

Trai, the Indian telecom regulator, has asked all fixed broadband service providers to share the data usage limit with specified speed on their websites and also in all advertisements published through any media. The regulator on Wednesday released draft directions on delivering broadband services in a transparent manner. The Trai asked these operators to provide the speed of broadband connection up to a specified data usage limit and the speed of... Read More

January 21st, 2016 7:06 PM 15 COMMENTS

‘FreeCharge Go’ to help customers transact at ease across major e-commerce portals

Digital payments solutions provider FreeCharge has launched its new virtual card ‘FreeCharge Go’, which makes the wallet universally accepted across all online merchants in India. FreeCharge Go is built to ensure the safety and security of customer data. The firm has deployed a technology wherein data is secured with 128-bit encryption and stored as per PCI DSS compliance. With ‘FreeCharge Go’, customers can transact across all major e-commerce portals, pay for... Read More

January 21st, 2016 6:07 PM 1 COMMENTS

LeEco’s flagship phones to come bundled with ErosNow services

ErosNow, the digital OTT platform of Eros International, has tied up with China-based internet and technology company LeEco for the latter’s flagship superphones-- Le Max & Le1s. LeEco has launched its flagship phones in the Indian market and with this partnership, ErosNow services will be integrated within the Le ecosystem of internet-enabled smartphones and smart televisions. ErosNow will showcase its repository of Bollywood films, music and originals and the devices... Read More

January 21st, 2016 5:59 PM 20 COMMENTS

Idea Cellular Q3 net profit down, revenue surges

Idea Cellular, the country’s third largest telecom operator, reported a decline of 0.4% in net profit in the third quarter of the financial year 2016. The telco’s consolidated net profit fell to Rs 7.64 billion in the quarter, from Rs 7.67 billion a year earlier. The telco has reported 12.4% increase in standalone revenue at Rs 90,089 million in the third quarter of the financial year 2016, against Rs 80,148... Read More

January 21st, 2016 5:14 PM 11 COMMENTS

Telenor India successfully crosses 50 million subscriber mark

As per the latest data from COAI, Norway-based Telenor's Indian unit, Telenor India, has now successfully crossed 50 million subscriber mark. The latest subscription data states that Telenor India had 507,02,397 subscribers as of December, 2015. The company added 12,79,587 new customers, which helped them in crossing 50 million user mark. Since the launch of GSM services on the 3rd of December 2009, Telenor (erstwhile Uninor) faced quite a few... Read More

January 21st, 2016 2:34 PM 0 COMMENTS

Samsung launches Gear S2 smartwatches along with new Gear VR in India, here are the pricing details

Looks like Samsung is on a launch spree in India. The Korean giant unveiled the Gear S2 and Gear S2 Classic smartwatches, along with a new Gear VR powered by Oculus at an event in India, today. The Samsung Gear S2 smartwatch will be available in Dark Grey color with Silver case and a sporty band, while the Gear S2 Classic will be up for sale in Black case with... Read More

January 21st, 2016 12:31 PM 32 COMMENTS

Vodafone 4G-ready SIMs hit shelves; Customers in Delhi & NCR to get 1GB free Internet on upgrade to 4G SIMs

Country’s second-largest telecom operator Vodafone India has announced the availability of its 4G SIMs at its stores across Delhi and NCR. “Customers who are upgrading to 4G-Ready SIMs will be rewarded with free 1GB 4G internet, at the time of launch. All they need to do is send a short SMS “GO4G” to 199,” the company said in a statement. For availing 4G services, a customer will need to have... Read More

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