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Anupam Sharma January 23rd, 2022 9:14 PM 6 COMMENTS

Jio Looks to Enhance 5G Competences, Establishes Teams in the US and Europe

India's leading telecommunications company Reliance Jio has announced that it has created a seed team for product management in India and the USA as well as a dedicated vertical for partnerships and alliances. The company has also created a technical team in Europe to develop long-term 5G capabilities. The president of Jio Kiran Thomas said in a statement that this will help the company in creating enhanced 5G solutions in... Read More

Tanay Singh Thakur January 21st, 2022 8:40 PM 14 COMMENTS

Reliance Jio Reports Rs 3795 Crore Net Profit for Q3 FY22, ARPU Up to 151.6

Reliance Industries Limited (RIL), the parent company of Reliance Jio, India’s number one telecom service provider, today released its quarterly earnings report for Q2 FY22. Jio’s gross revenue for the quarter was Rs 24,176 crore ($3.3 billion), which is 13.8% higher YoY (adjusted for IUC). The telco’s EBITDA (earnings before interest tax depreciation and amortisation) stood at Rs 10,008 crore, which is 18% higher YoY during the December 2021 quarter.... Read More

Tanay Singh Thakur January 19th, 2022 8:39 AM 11 COMMENTS

Jio Prepays Rs 30,791 Crore of Deferred Spectrum Dues Prior to March 2021

Reliance Jio has prepaid Rs 30,791 crore worth of deferred spectrum liabilities to the Department of Telecommunications (DoT). This has helped the telco clear all the spectrum dues pertaining to auctions prior to March 2021. Along with this, Jio has prepaid the deferred liabilities pertaining to the spectrum acquired in 2021 through trading of right to use with Bharti Airtel. Jio had executed the first part or tranche of the... Read More

Anupam Sharma January 17th, 2022 8:54 PM 1 COMMENTS

Jio Pushes for Auction of Spectrum for Allocation of Airwaves in its Submission to TRAI

5G spectrum auctions are on the horizon as the Telecom Regulatory Authority of India (TRAI) has already kick-started the process. Now, in new developments, India’s leading telecom operator Reliance Jio has informed TRAI about the gaining popularity of auction of spectrum for broadband-from-space services as Brazil has already completed the process and seemingly Saudi Arabia, Mexico and Thailand are all set to follow the suit. Jio has rather urged TRAI... Read More

Tanay Singh Thakur January 14th, 2022 10:32 AM 0 COMMENTS

Indian Govt Diving Deep in Telecom, What It Means for the Sector

The Government of India (GoI) has been at the front actively helping out the telecom sector, which was severely stressed due to the low average revenue per user (ARPU) and huge amounts of statutory dues at every turn. One of the biggest effects that all the help from the government will have on the telecom sector is that it will avoid any scenario of duopoly between two of the top... Read More

Tanay Singh Thakur January 13th, 2022 8:34 AM 1 COMMENTS

India Won’t See Any New PSUs in the Telecom Sector

The public sector units (PSU) in the telecom sector will be limited to Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL), at least for the foreseeable future. Recently, Vodafone Idea and Tata Teleservices accepted the option of converting their statutory liabilities into equity for the government. With Vodafone Idea, the government is expected to become the largest equity shareholder in the company post equity conversion. This got... Read More

Tanay Singh Thakur January 12th, 2022 2:51 PM 10 COMMENTS

Jio, Airtel, and Vi Offer 2.5GB Daily Data Plans, Whose Is Better?

Vodafone Idea, Bharti Airtel, and Reliance Jio all offer 2.5GB daily data prepaid plans. The only thing worth noting here is that Vodafone Idea and Bharti Airtel offer their 2.5GB daily data prepaid plans with a very short validity of 28 days, while Reliance Jio offers its same plan for 365 days. So if you are looking for this sort of plan with short-term validity, go for Vodafone Idea or... Read More

Tanay Singh Thakur January 10th, 2022 2:39 PM 9 COMMENTS

Reliance Jio Customers Confused After Recent Change in Benefits

Reliance Jio customers are a little confused as to which plans the JioMart Maha cashback offer is applicable on. Earlier, when Jio announced the cashback offer, it was assumed by many that the offer would be applicable on select prepaid plans, which were only three at the time — Rs 299, Rs 666, and Rs 719. But it wasn't the case. However, since the company hasn’t made any official announcement,... Read More

Tanay Singh Thakur January 8th, 2022 12:00 PM 12 COMMENTS

Reliance Jio Brings New Prepaid Plan With 2.5GB Daily Data

Reliance Jio has introduced a new prepaid plan for the customers offering 2.5GB of daily data. This is the first and now the only prepaid plan from the telco that is offering 2.5GB of daily data to the users. The plan will cost Rs 2999 and will come with a validity of 365 days. Users will get a total of 912.5GB of data with this plan, along with unlimited voice... Read More

Tanay Singh Thakur January 6th, 2022 2:49 PM 0 COMMENTS

Jio, NPCI Bring UPI AUTOPAY for Convenient Mobile Recharges

To ease out the process of mobile recharges, Reliance Jio and the National Payments Corporation of India (NPCI) have announced UPI AUTOPAY for the telecom industry. All hundreds of millions of Jio users will be able to leverage UPI AUTOPAY for automatic recharges without any hassle. Now onwards, Jio users can set standing orders on the MyJio app using UPI AUTOPAY for their favourite tariff plans and never worry about... Read More

Anupam Sharma January 2nd, 2022 6:56 AM 2 COMMENTS

Best Year Long Prepaid Plans from Jio, Vi, Airtel and BSNL

Telecom operators in India provide a variety of prepaid plans for their users suitable for their needs. Some plans offer high data while some offer longer validity. Some plans might be comparatively cheaper while some plans could be expensive but offer amazing added benefits such as an OTT subscription. For the users who are looking to commit to a long-term plan, telcos also offer a yearlong plan apart from the... Read More

Tanay Singh Thakur December 29th, 2021 10:23 AM 2 COMMENTS

Reliance Jio Talking With Top Banks and MFs for Raising Funds

Reliance Jio is reportedly looking to raise around Rs 8,000 crore through corporate bonds to clear leftover spectrum dues of 2014 and 2015 auctions. According to ET Telecom, the bonds will arrive with five, three, or two-year tenors. Reliance Jio is in talks with the top banks as well as mutual funds in the country. As per the publication’s report, the Jio bonds will attract interest rates of 6.2% and... Read More