Page 3 - Jio Network

Jio, Airtel, Vi see customer loss post tariff hike, BSNL July's only gainer

The impact of mobile phone service tariff hike was evident in July with Reliance Jio, Bharti Airtel, Vodafone Idea reporting loss of customer base, which resulted in an overall decline in telecom subscribers in the country. Reliance Jio, Bharti Airtel and Vodafone Idea increased their mobile service plan rates in the range of 10-27 per cent in the first week of July. Airtel and Vodafone Idea have more than doubled their entry-level mobile rates in the last 2-3 years to Rs 199 that comes with 28 days validity. State-run BSNL was the only player that added new subscribers and led the market in terms of new net customer addition, according to a monthly subscribers report released by the Telecom Regulatory Authority of India on Friday. According to the report, BSNL added over 2.94 million mobile subscribers in July. Bharti Airtel lost 1.69 million mobile subscribers which was highest among its peers. Vodafone Idea and Reliance Jio lost 1.41 million and 758 thousands mobile subscribers

Fire at data centre likely cause of India-wide outage for Jio users: Report

The website also showed that more than half of the affected users were facing issues related to their mobile network, while others had mobile internet and broadband-related complaints

Jio is down; users complain about network disruption on social media

Jio Down: Thousands of users are complaining about the network issue on social media. The users are also not able to connect to the internet

Sanlam eyes India wealth management after BlackRock, Jio join contest

Insurer plans to build out its partnership with Shriram Capital Group in India by adding an equal joint venture covering wealth and advice services, doubling down on an initial 2005 investment

A new technological gamechanger: Can RIL do a Jio in AI services?

To ensure that AI is available to everyone, Reliance is building a delivery model where AI services and processing will be hosted on the Cloud over low latency broadband networks

Anatomy of Reliance-Disney merger: What are the strategies and challenges?

The Rs 23,000 crore (revenues FY24) venture, announced in February, was cleared by the Competition Commission of India this week

Jio Brain to AI-Cloud welcome offer: Key tech announcements from RIL AGM

Mukesh Ambani announced that Reliance is establishing a "national AI infrastructure" aligned with Jio's vision of "AI Everywhere For Everyone

Reliance Industries to consider 1:1 bonus: A look at RIL's bonus history

After the bonus shares announcement, Reliance Industries share price surged up to 2.63 at Rs 3,074.80 a piece intraday on Thursday

Jio to launch "AI Cloud Welcome Offer" this Diwali, announces Mukesh Ambani

Reliance stated that it is developing a suite of AI-powered services collectively called JioAI. Among the first services to roll out will be JioPhone Call AI

Jio's network cost per tower less than Airtel's but gap shrinking: Analysts

Bharti Airtel's energy costs per tower reduced at a faster pace in FY24 bringing it closer to Jio's

Debate over satellite spectrum allocation: Jio, OneWeb up the ante

Sunil Mittal's OneWeb had earlier insisted that spectrum allocation for satellite operators be done administratively as outlined in the Act - setting up a direct confrontation with Jio

RIL eyes JioCinema as sole OTT platform post Star-Viacom18 merger deal

In February this year, RIL and Disney agreed to merge Star and Viacom18, forming an $8.5 billion media giant with over 100 channels and two streaming platforms

Hotstar, JioCinema beat parent companies' TV businesses in valuation race

On February 28, RIL and Disney finalised a deal to merge Star India and Viacom18, resulting in a new entity valued at Rs 70,352 crore, which includes a Rs 11,500 crore capital infusion from RIL

Jio Platforms Q1 FY25 results: Net profit rises 11.7% to Rs 5,698 crore

ARPU stays put at Rs 181.7 for the fourth-straight quarter

Reliance Jio listing: Tariff hikes a trigger, but spinoff better option

The current minority investors in Jio may prefer the spin off route and RIL could also consider buyout of current institutional stakeholders in Jio after the spin off if it wanted to shore up stake

Crony capitalism thriving under Modi: Congress on Jio, Airtel tariff hikes

Congress leader Randeep Singh Surjewala questioned the Centre's intent, asking how the companies were unilaterally allowed to increase the rates without any oversight and regulation

Jio network down? Users unable to access internet, complain on social media

According to Downdetector, the outage has affected over 54 per cent of users who are experiencing issues with mobile internet

Jio Financial Services launches 'JioFinance' app in beta version

Key features of the application include instant digital account opening and streamlined bank management with the "Jio Payments Bank Account" feature

Telecom operators seek 5-6 year moratorium on spectrum purchases after 2025

Operators said such a moratorium is needed on spectrum bought in auctions from next year due to significant capital expenditure incurred in deploying 5G services

Jio Financial Services plans $4.33 billion deal with Reliance Retail

Under the proposed deal, the JFS unit called Jio Leasing Services will buy telecom equipment and devices that usually include routers and cell phones