Page 102 - Reliance Jio

Waiting for a bigger splash

If you thought Reliance Jio's freebies and how the service might change the telecom market forever are generating the biggest buzz in the industry, think again. Telecom trackers are waiting for UK's Vodafone to make a bigger splash in the market. They point at the much anticipated initial public offering (IPO) of Vodafone India slated to take place in a few months. The Vodafone India IPO is expected in April-June 2017 and might well be among the biggest this country has seen.

Fitch sees tariffs falling by 10-15% after Jio launch

Says Jio's entry will be 'credit negative' for the incumbent operators, particularly smaller telcos, and will hasten industry consolidation

Airtel could lose revenue, but may withstand Jio: S&P

The agency also said its credit rating on Bharti Airtel is unaffected by higher competition with the launch of Reliance Jio

Long queues, SIM cards scarcity on Day 1 of Jio launch

A Reliance Digital employee says local dealers have taken SIM cards in bulk to sell them at a premium

Next-gen Ambanis take charge at Jio soft launch

Commercial services may start in Mar-Apr next year

Airtel, Vodafone call Jio tariffs a gimmick

Firms come out with detailed communique for consumers that counter Jio's claims of cheap data

RJio's full-fledged 4G services available to all from Monday

Reliance is also offering a Jio apps bouquet worth Rs 15,000, complimentary to all active Jio customers up to December 31, 2017

Jio impact: Free voice may hurt peers

The free voice offer from Jio could prove to be a game changer for the telecom indusry

Price war to expedite M&As and exits of smaller players

Tata Teleservices, which made a loss of Rs 3,386 crore in FY16, was in talks for a merger with Telenor

Reliance Jio files rate plans with regulator

With these steps, the company has fulfilled all the requirements of unified licence for commencement of services

PM should take action if Jio ad published without permission: Congress

Congress leader Ajay Maken said it is important to take PMO's permission or else PM's photo would be on Cadbury or any chocolate

Analysts lower price targets for Airtel, Idea after Jio launch

Incumbent telecom players Bharti Airtel and Idea Cellular suffered huge cuts in their price targets as analysts feared Jio's launch would disrupt the $28 billion Indian telecom market. Influential foreign brokerages Goldman Sachs, Credit Suisse and JP Morgan have cut their 12-month price targets for Airtel and Idea by as much as 19 per cent (see table). Shares of London-listed Vodafone Plc, which derives over a tenth of its revenues from the Indian market, too fell 3 per cent on Thursday to its lowest level in more than a month. Shares of Airtel and Idea recouped some of the losses on Friday, gaining 2.7 per cent and 0.4 per cent respectively. Despite that, Airtel and Idea are still down four per cent and 10 per cent respectively and have lost market capitalisation of Rs 3,403 crore and Rs 5,157 crore since Reliance Industries (RIL) raised the curtains on its much-awaited telecom foray on Thursday.Meanwhile, shares of RIL extended their two-day loss to 4.3 per cent on concerns over ...

Reliance Jio impact: Should you sell Bharti Airtel, RCom, Idea Cellular?

These three telecom companies collectively lost over Rs 13,000 crore in market-cap on Thursday

Reliance Jio's success is still a long distance call

Despite the seemingly sharp discount at which Reliance Jio is offering its products, analysts have just reduced the profitability of the two existing telcos

Reliance Jio needs 75-80 mn users in 2-3 yrs to break even: Analysts

Mukesh Ambani is targeting 100 million subscribers in shortest possible time through free calls and cheap data plans

Telecom stocks extend losses on RJio fears

Reliance Industries Ltd too could not recover from Thursday's losses as the stock fell by 2.11 per cent to Rs 1,007.35

Indian telecom carriers face price target cut on Jio threat

Reliance Chairman Mukesh Ambani took the wraps off the Jio network, touting free calls and rock-bottom data prices

Why Jio may not bring down your mobile bill

The newest telecom player offers more bang for the buck

Jio may impact profitability of existing operators: Analysts

Motilal Oswal Securities says there is no doubt that tariff plans for voice and data is going to be a game changer for telecom industry

Jio launches mother of all telecom battles

Free voice calls; data priced at 80% lower than prevailing industry rates; Commercial launch on Monday, service to be free till year end