In a new shocking turn of events, the Department of Telecommunications (DoT) has informed Reliance Communications and Reliance Jio Infocomm that it would not be able to clear their spectrum trading deal. This move is a new blow to the Anil Ambani led telecom operator, which stands under massive debt and has to repay its lenders at the shortest. As per an ET Telecom report, Reliance Jio earlier sent a... Read More
The Government of India had rolled out a tender for a near Rs 10,000 crore investment concerning the deployment of 1.25 million Wi-Fi hotspots across 2.5 lakh village blocks. However, as per a new ET Telecom report, the tender has failed to capture participation from the top three telecom operators of India – Vodafone Idea, Bharti Airtel and Reliance Jio Infocomm as these telcos did not apply for the tender.... Read More
Reliance Jio is already leading the Indian feature phone market with its aggressive JioPhone offering. The telco launched the JioPhone last year and marketed it as effectively free for all users, despite collecting a security deposit of Rs 1,500. This year in July, Jio introduced the JioPhone 2 priced at Rs 2,999. And to boost the sales of original JioPhone, the company came up with JioPhone Monsoon Hungama Offer, under... Read More
After a long legal struggle with the Anil Ambani led telecom operator, Reliance Communications, the Department of Telecommunications (DoT) has informed the Supreme Court that it will be granting clearance to the spectrum sale deal of RCom to Reliance Jio. This move comes as a big relief to the financially stricken telco as now it will be able to receive payment from Reliance Jio, which will be used to pare... Read More
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, on a going concern basis, to a separate company," Jio said in a regulatory filing on 'restructuring/reorganisation proposals'. The board... 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 started to charge for data - voice calls to be free-for-life - last year and had amassed about 227 million... 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 in Hathway and Den Networks, buying a significant stake in the two companies to solve its problem of last mile... 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 in sight. With the entry of Reliance Jio two years back, the telecom industry saw an erosion of substantial revenues,... 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 such as the Rs 558 from Airtel, Rs 569 from Vodafone, they managed to beat Jio with better data benefit... 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 plea made by the newest telco entrant. Before reaching out to the Supreme Court, the Competition Commission had approached Bombay... 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, at www.jio.com/jiosaavn," the company said in a statement. The new JioSaavn app, will bring a suite of in-app products and... 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 the UK, Airtel and Reliance Jio in India, and Truphone and Gigsky in various countries will also roll out eSIM... Read More
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Off Topic : Realme downgraded battery for GT 7 Pro for India.
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