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Bala Yogesh May 5th, 2021 4:05 PM 17 COMMENTS

Reliance Jio Needs Tariff Hikes, Financials Weak Say Analysts

Reliance Jio, the largest wireless operator in India needs tariff hikes as its financials are “weak,” analysts said. Jio Platforms, a subsidiary of Reliance Industries recorded Rs 3508 crore as consolidated net profit for the quarter ended March 31, 2021, translating to a 47.5% year-over-year (YoY) increase. The development was shared by Reliance Industries on Friday with the company also highlighting that Jio Platforms recorded Rs 18,278 crore as consolidated... Read More

Tanay Singh Thakur April 8th, 2021 5:51 PM 50 COMMENTS

Jio Might Go Against Market Expectations and Introduce Tariff Hikes: Report

India’s number one telco, Reliance Jio, might soon introduce tariff hikes. This would be a surprise for the market since many expect the telco to keep its tariffs the same in the near term and target a higher market share. Jio hasn’t been adding as many subscribers as it did in its initial years of operations. The telco added around 100 million subscribers every year for the first four years.... Read More

Chakri K January 22nd, 2021 10:02 PM 48 COMMENTS

Reliance Jio Develops End-to-End 5G Radio, Achieves More Than 1 Gbps Throughput

During the quarterly performance report for Q3 FY21, Reliance Jio said it has 'indigenously' developed 5G Radio. This means the telco now has entire in-house end-to-end Jio 5G technology. Reliance Jio also integrated the 5G Radio with its 5G Core Network and managed to achieve throughputs of more than 1 Gbps on 5G smartphones. The Jio gNodeB base station is also being tested with Jio 5G Core, confirmed the company.... Read More

Bala Yogesh December 9th, 2020 2:17 PM 2 COMMENTS

Tariff Hikes Should Come Anytime: ICICI Securities

ICICI Securities, a subsidiary of ICICI Bank on Tuesday said in a report that 2021 “could be a year of significant industry repair” as the firm expects “another round of large tariff hikes.” The firm said that upcoming tariff hikes “may drive higher revenue growth” for the telecom operators than the previous tariff hikes. ICICI Securities in its 2021 Telecom Sector Outlook also highlighted that the upcoming year “could be... Read More

Chakri K December 4th, 2020 8:31 PM 1 COMMENTS

Reliance Jio and Google Reportedly Not Launching Low-Cost 4G Android Phone This Year

We all know that Reliance Jio and Google are planning to launch a cheap Android phone in India at some point. Earlier, it was tipped the phones could arrive in December itself as both the companies were waiting for CCI (Competitive Commission of India) approval. The Jio-Google deal was approved by CCI recently, however, a new report from 91mobiles report now claims the low-cost 4G Android phone from Jio aren't... Read More

Chakri K November 11th, 2020 8:11 PM 17 COMMENTS

Reliance JioPlatforms-Google Deal Receives CCI Nod

The Competition Commission of India (CCI) has approved Google's investment of $4.5 billion (Rs 33,737 crore) in Jio Platforms. Announced at the Annual General Meeting (AGM) of Reliance Industries a couple of months ago, the deal will see Jio Platforms and Google working together in various initiatives. While announcing the deal, both the parties said they would work in developing low-cost Android smartphones aimed at the Indian market. It is... Read More

Chakri K November 2nd, 2020 8:21 PM 70 COMMENTS

Airtel to Have Better Opportunity Than Jio in Grabbing Vodafone Idea Feature Phone Users: Analysts

Bharti Airtel will be the frontrunner in grabbing Vodafone Idea's feature phone users, according to analysts. Reliance Jio has been grabbing all the 2G feature phone users of Airtel and Vodafone Idea which is the prime reason behind the telco amassing 400 million subscribers in such a short period. With Reliance Jio and Google rumoured to bring the low-cost Android smartphone, it was expected that the Mukesh Ambani-owned telco would... Read More

Tanay Singh Thakur October 9th, 2020 4:13 PM 70 COMMENTS

Industry Took 25 Years to Build 2G Network, Jio Built 4G Network in 3 Years: Ambani

India has the opportunity to lead from the front in the fourth industrial revolution, says Mukesh Ambani, chairman and managing director of the Reliance Industries Limited (RIL). The chairman of the most valuable company in India believes that with Jio India can lead the fourth industrial revolution. Ambani highlighted that India missed out on being a significant part of the previous three industrial revolutions. However, the billionaire said that now... Read More

Bala Yogesh October 5th, 2020 4:17 PM 13 COMMENTS

Reliance Jio New Postpaid Tariff “Unlikely” to Hurt Airtel Growth

ICICI Securities on Monday said in a research note that the new postpaid plans launched by Reliance Jio “may not significantly” hit the postpaid base of Bharti Airtel. The firm said that the retail users account for only 30% of postpaid connections and that these users are “least price-sensitive.” Reliance Jio, the largest telecom operator in India in September unveiled its JioPostpaid Plus plans with the base plan priced... Read More

Tanay Singh Thakur September 23rd, 2020 7:41 PM 34 COMMENTS

Reliance Jio Might Release $50 Smartphone to Rival Chinese Brands

In the Reliance Industries Ltd AGM 2020, the company announced that its subsidiary Jio is partnering up with Google to manufacture some of the cheapest 4G smartphones in the market with Android powering them. The cost of the smartphones announced was as low as Rs 4,000 ($54). This is going to give jitters to low-cost smartphone brands such as Xiaomi and Realme and more. As per a new Bloomberg report,... Read More

Bala Yogesh July 2nd, 2020 12:35 PM 0 COMMENTS

WhatsApp Introduces Dark Mode for Web, Animated Stickers and QR Codes

WhatsApp on Wednesday introduced multiple new features including animated stickers, QR Codes and dark mode for Web and desktop. The company said that the features will be rolled out “over the next few weeks” to over 2 billion users. Additionally, WhatsApp also announced that the Status will now be rolling out to KaiOS, the OS that powers the JioPhone. With the new update, the JioPhone users in India along with... Read More