Telecom operator Reliance Jio Infocomm Tuesday said its board has approved schemes to spin off the company’s fibre and tower assets to separate entities. “The board of directors of the company, at its meeting held today, accorded its approval to a scheme of arrangement for transfer of its fibre undertaking, … Read More
Richest Indian Mukesh Ambani’s Reliance Jio Infocomm Ltd could become the country’s No 1 telecom operator by revenue in 2021 and on a subscriber basis by 2022, a Sanford C Bernstein & Co report said. Reliance Jio started operations two years back with free voice calls and data offering. It … Read More
In its run-up to capture the substantial chunk of the telecom industry revenue in India, Reliance Jio and Reliance Industries Limited (RIL), its parent company has created seven subsidiaries to manage its telecom and content business, informed a highly placed Jio official. The Mukesh Ambani led telco recently made investments … Read More
Bharti Airtel, the former telecom market leader slipped down from its top spot after the two major telecom operators, Vodafone India and Idea Cellular merged to form the largest telecom entity of India, Vodafone Idea. Now, the industry is headed towards an unprecedented stage of stagnation with no clear winner … Read More
Reliance Jio did not revise its tariff plans for nearly 11 months now, but the telco is still providing the best prepaid tariffs in the industry. Telcos such as BSNL, Bharti Airtel and Vodafone Idea came close to Jio in the benefits aspect, but never outsmarted Jio. With some plans … Read More
In an industry-wide legal move, Reliance Jio Infocomm, the Mukesh Ambani led telco, and the Competition Commissions of India (CCI) pleaded the Supreme Court against the newly merged telco, Vodafone Idea and Bharti Airtel to probe cartelisation charges. However, as per the latest report, the apex court has dismissed the … Read More
4G in India is currently growing at a rapid pace and we all should thank Reliance Jio for that. Jio which started its operations just a couple of years ago has already made its mark in the industry- both in terms of tariff plans and 4G availability. But the 4G … Read More
Saavn Media, a unit of Reliance Industries, Tuesday unveiled South Asia’s largest streaming, entertainment and artist platform, JioSaavn, marking the official integration of JioMusic and over-the-top platform Saavn. “The new integrated JioSaavn app will be available across all app stores including the Jio app store, on JioPhone, as well as, … Read More
Google on Tuesday announced eSIM wireless service on its Pixel 3 smartphone with Reliance Jio and Airtel telecom carriers in India. Google was the first smartphone vendor to support built-in eSIMs with its Project Fi — now called Google Fi — network last year. “Sprint in the US, EE in … Read More
Reliance Communications today said its subsidiary Reliance Realty has furnished the corporate guarantee of Rs 1,400 crore to Telecom Department as directed by the Supreme Court, stepping closer towards concluding its spectrum sale to Reliance Jio. The Supreme Court on November 30, had asked the Department of Telecom (DoT) to … Read More
Previously, the long legal battle between RCom and Department of Telecommunications (DoT) was ongoing because DoT was adamant on Reliance Communications providing bank guarantees worth Rs 3,000 crore before giving the green flag for Reliance Jio and RCom sale of spectrum. However, as per the latest update, Supreme Court has … Read More
Telecom subscriber base grew marginally by 0.2% to 1191 million with only Reliance Jio adding new customers, according to the data released by sector regulator Trai for September 2018. “The number of telephone subscribers in India increased from 1,189.08 million at the end of August 2018 to 1,191.40 million at … Read More
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