Few days ago, Jio unleashed a price war in the post-paid mobile space, an area where it has less than one per cent share of the market
Led by Jio, telecom accounted for $10.2 billion of the investments during the first 9 months of 2020
All that happened in the markets today
India, which is now the world's second largest internet market, ranks fifth globally when it comes to incidents of cyber-attacks and frauds
Spectrum in E&V bands can be utilised for both high-capacity access spectrum for voice and data services as well as backhaul link spectrum.
This will allow it to offer faster 4G data speeds to its 3G users
India Ratings said Jio's plans do not threaten the postpaid customer base of Bharti Airtel and Vodafone Idea due to sticky nature of customers and similar content offerings
A lack of tariff hike visibility in the near term, success of Jio's renewed post-paid push, delayed reaction from Bharti to counter Jio will determine Airtel's stock performance, say analysts
Reliance Jio's new plan offers customers Netflix on a mobile device, one-year subscription to two over-the-top applications and access to Jio's movie and songs. library.
Monthly decline rates of urban and rural mobile subscription were 0.18 per cent and 0.40 per cent, respectively, data showed
CLSA believes that new Jio postpaid plans are bundling three leading OTTs, but with no content exclusivity, can be matched by incumbents like Bharti Airtel
The impact of any churn due to Jio's new plans is expected to be higher on VIL than Airtel as the former gets an estimated 21 per cent of its revenues while it is 13 per cent of the latter
The deal is part of the Airtel Startup Accelerator Programme and will enable the 2011-founded Waybeo to expand its distribution reach
Matching Jio's OTT bundling can impact 1-6 per cent of fiscal 2021 earnings before interest tax depreciation and amortisation (EBITDA) for peers, it added
With its competitive pricing in the prepaid segment, Jio has already eroded the subscriber base of both the incumbent players over the past four years
"Cloud technologies are transforming the way businesses serve and delight their customers," said Adarsh Nair, Chief Product Officer, Bharti Airtel
Reliance Jio announced a range of postpaid plans, including many firsts such as in-flight mobile connectivity
Minister of State for Communications Sanjay Dhotre, in a written reply in the Rajya Sabha,
There could be earnings cuts and lower target prices if the hikes don't materialise this year
This is irrespective of what these telecom companies have already paid; lawyers at both firms going through fine print of the Supreme Court order