Page 103 - Reliance Jio

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

Low price points push back Jio break-even

Analysts cautious on outlook, expect earnings to remain under pressure over medium term

Reliance Jio seeks to connect with youth

RIL chairman said Jio is a creation of young, by the young, and for the young

Retail to be major growth booster for RIL in coming years, says Mukesh Ambani

Ambani said that the overall business has nearly tripled in the last five years

Reliance Jio tariff plans: 'Game changer' for some, 'gamble' for others

Profitability of existing operators may be impacted due to these plans

Reliance Jio to offer free voice calls, cheaper data tariffs: Mukesh Ambani

Ambani said that the launch will transform India from a high priced data market to having the lowest data rates anywhere in the world

Reliance Jio aims for 100 million customers

Jio will compete head on with players like Bharti Airtel and Vodafone and will offer users data services free for four months

Jio impact: RIL, three telecom companies lose Rs 22,522 crore m-cap

RIL, Bharti Airtel, Idea Cellular and RCom have collectively lost Rs 22,522 crore of m-cap in single day.

Disruptive Jio offers will help digitise rural India: Experts

According to a latest study by Analysys Mason, telecom companies won't actually lose out by lowering tariffs

Jio impact: Bharti Airtel, Idea skid over 9%, Idea nears four-year low

Idea Cellular dipped 10% to Rs 83.70, Bharti Airtel down 9% to Rs 302 and RCom by 5.3% at Rs 51 on the BSE.

Airtel welcomes Reliance Jio's entry in Indian telecom space

In his AGM speech, Mukesh Ambani said that incumbent operators were deliberately dropping calls from Jio's network