Reliance Jio

January 3rd, 2018 5:39 PM 34 COMMENTS

Reliance Jio to Focus on Raising ARPU, 4G Feature Phone Base in 2018: CLSA

Reliance Jio, the LTE-only operator will focus on raising average revenue per user (ARPU) from its smartphone users and ramp-up in its 4G feature phone users in the country in 2018, besides making efforts to launch home-broadband or FTTH service and enterprise solutions to further monetise its wide optic fiber network, CLSA said in a note on Wednesday. The telecom operator has over 150 million subscribers, while its sister company,... Read More

December 30th, 2017 12:01 PM 0 COMMENTS

Acquisition of RCom Assets to Help Reliance Jio’s FTTH and Enterprise Services: Moody’s

Reliance Jio Infocomm's acquisition of Reliance Communications' assets, including spectrum, optical fiber network, and media convergence nodes, is set to help the Mukesh Ambani-led 4G entrant for a large scale roll-out of its wireless and fiber-to-the-home (FTTH) and enterprise services, Moody's said in a statement. As part of the transaction, Jio will acquire 122.4 MHz of 4G spectrum, 43,000 towers, 178,000 route kilometer of pan India optical fiber network and... Read More

December 28th, 2017 6:56 PM 140 COMMENTS

Reliance Jio Confirmed to Acquire Wireless Infrastructure of Reliance Communications

As it was rumoured earlier, Reliance Jio officially announced that it's acquiring the wireless infrastructure of Reliance Communications (RCom). The subsidiary of Reliance Industries Limited (RIL) today announced the signing of a definitive agreement for the acquisition of specified assets of RCom and its affiliates. The monetisation process of assets will be mandated by SBI Capital Markets Limited. “An asset monetisation process for RCOM assets was mandated by the lenders... Read More

December 28th, 2017 4:36 PM 19 COMMENTS

Smaller Indian Telcos Lost 38 Million Subscribers in Last One Year: India Ratings

Over the last one year, smaller telecom operators in India lost 38 million subscribers on an aggregate basis, which has challenged their business continuity, India Ratings said in its November report. Most of the smaller telcos have sold the business at rock-bottom valuations and even need to restructure their debt. Smaller telcos with high debt, small revenues and profitability pressures had limited scope to incur massive capex on the network... Read More

December 25th, 2017 3:18 PM 59 COMMENTS

Reliance Jio’s Subscriber Base Touches 160 Million in India: Akash Ambani

Mukesh Ambani-led Reliance Jio's subscriber base has touched 160 million in 15 months of after the 4G entrant launched services in the telecom market with aggressive voice and data offerings. The new milestone was made public by Mukesh Ambani's son Akash Ambani during an interaction with Bollywood actor Shahrukh Khan at the RIL40 event held in Mumbai recently. India's mobile subscriber base stands... Read More

December 22nd, 2017 4:58 PM 18 COMMENTS

Reliance Jio Emerged as Front-Runner to Acquire Spectrum, Tower Assets of RCom: Reports

Mukesh Ambani-led 4G entrant Reliance Jio Infocomm has reportedly emerged the front-runner to acquire the assets of Anil Ambani-led Reliance Communications (RCom), including the ailing telco's spectrum assets in the 850 MHz and 2100 MHz band. Bharti Airtel and Vodafone have already shown interest in RCom's spectrum in the 900 MHz band. “RJio is leading the talks to acquire all assets RCom intends to sell, while a number of Private... Read More

December 8th, 2017 10:42 AM 78 COMMENTS

Reliance Jio May Make 2018 the Year it Raises Tariff : OpenSignal

The entry of Reliance Jio changed the entire 4G market in India. Back at the business end of 2016, Reliance Jio announced commercial services, and 2017 was the year 4G exploded in India. Being one of the fastest growing mobile markets in the world, India’s current mobile data subscriber penetration now stands at 40%, and it is expected to double to 80% by 2022, as per Crisil’s predictions. In India,... Read More

December 4th, 2017 10:04 PM 34 COMMENTS

Trai Says a New Operator Can Test the Network for 90 Days, Should Not Charge Customers During the Period

Trai (Telecom Regulatory Authority of India) today released yet another long overdue recommendations on network testing before the launch of commercial services. In a shocking move, the Trai has said that a new telecom operator looking to foray into the market can roll out the services under testing phase for 90 days. The recommendations also read that a telecom operator can extend the testing phase on a special request by... Read More

December 1st, 2017 5:35 PM 51 COMMENTS

As Long as Consumers Gain and Country Moves Forward, the Big Boys Should Accept the Losses: Mukesh Ambani

There's no fact denying that Reliance Jio changed the entire Indian mobile broadband sector. With its free LTE services for seven months, Reliance Jio turned the tables of Indian telecom industry. Due to Jio's aggressive strategy, India has become the leading country in the mobile broadband usage country. Speaking at the Hindustan Times Leadership Summit 2017 in New Delhi, RIL Chairman Mukesh Ambani said that the three biggest challenges before... Read More

November 25th, 2017 3:24 PM 92 COMMENTS

Reliance Jio Reported Positive Adjusted Gross Revenue of Rs 4,270 Crore in July-September Quarter: Analysts

Mukesh Ambani-led 4G telco Reliance Jio reported a positive adjusted gross revenue (AGR) of Rs 4,270 crore for the first time in the quarter ended September 30, 2017, ICICI Securities said in a note. Jio's performance had also driven the entire industry's AGR by 8.6% quarter over quarter after three successive quarters of declines to Rs 30,800 crore, the agency said. ICICI Securities said that the growth in the AGR... Read More

November 4th, 2017 7:26 AM 201 COMMENTS

Airtel’s Rs. 448 Tariff Plan is Here to Take on Reliance Jio’s Rs. 399 Plan; Gives Unlimited Voice Calls, 1GB Data Per Day for 70 Days

Telecom operator Bharti Airtel has now silently come up with a new tariff plan of Rs. 444, with which the operator once again counters Reliance Jio. Airtel's Rs. 444 plan offers similar benefits as Jio's Rs. 399 tariff plan and even the validity is the same. In recent times, Airtel has been competing with Reliance Jio in every aspect possible, especially, Airtel is going neck on neck to Jio in... Read More

October 13th, 2017 6:40 PM 52 COMMENTS

Reliance Jio Reports Rs 270.59 Crore in July-Sept Quarter, Posts Rs 156.4 ARPU

Mukesh Ambani-led 4G telco, Reliance Jio, on Friday reported a net loss of Rs 270.59 crore for the quarter ended September. The telco has posted revenue of Rs 6,147 crore and EBITDA of Rs 1,443 crore and EBITDA margin of 23.5% during the quarter. The company, which started services last September with free promotional voice and data offers, said that consolidated value of services stood at Rs 7,213 crore, while... Read More

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