Page 14 - Reliance Jio

Morgan Stanley, Citi, Jefferies: Brokerages decode RJio, Airtel tariff hike

In the last two rounds of tariff hikes, Vodafone Idea (Vi) in December 2019 and Bharti (Dec 2021) took the lead, while R-Jio was the last one to raise tariffs

After Jio, Bharti Airtel announces up to 21% tariff hike from July 3

Reliance Jio and Airtel have hiked tariffs by 10% to 25% following a subdued response to the recent government spectrum auction

Bharti Airtel announces 10-21% hike in mobile tariffs from July 3

Bharti Airtel on Friday announced between 10-21 per cent hike in mobile tariffs, a day after larger rival Reliance Jio announced an increase in rates. Airtel, in a release, said that the revision in mobile tariffs will be effective from July 3. "We have ensured that there is a very modest price increase (less than 70 paise per day) on entry-level plans, in order to eliminate any burden on budget challenged consumers," the Sunil Mittal-led telecom firm said announcing the revision in mobile tariffs. Bharti Airtel said it has maintained that the mobile Average Revenue Per User (ARPU) needs to be upwards of Rs 300, to enable a financially healthy business model for telcos in India. "We believe that this level of ARPU will enable the substantial investments required in network technology and spectrum and offer a modest return on capital," the telco said. Among the unlimited voice plans, Airtel has raised tariffs in the ballpark range of about 11 per cent, and accordingly rates are rev

Tariff hike impact: Airtel soars 5%, hits new high; RIL mcap tops Rs 21 trn

Telecom stock update: Bharti Airtel rallied 5 per cent to hit a new high at Rs 1,539; RIL rose 2% to Rs 3,129, and saw its market capitalisation touch Rs 21.12 trillion in intra-day trades today.

Market outlook Jun 28: GIFT Nifty hints quiet open; telecom stocks in focus

Pre-market update for Friday: Shares of telecom companies are likely to be in focus following the up to 25 per cent tariff hike by Reliance Jio;.

Jio rings in up to 25% tariff hike; Airtel, Vodafone Idea may follow suit

Jio's competitors have been clamouring for tariff hikes for months now, and are expected to soon announce hikes of their own

Reliance Jio buys spectrum worth Rs 973.63 crore in Bihar, West Bengal

Reliance Jio expanded its radio waves holding for mobile services by acquiring additional frequencies worth Rs 973.63 crore in the latest spectrum auction that concluded on Wednesday. The company acquired 5 megahertz paired spectrum in 1,800 Mhz band in Bihar for Rs 420.25 crore and 9.4 Mhz in West Bengal for Rs 553.38 crore. "Jio acquired additional spectrum in the 1,800 MHz band in Bihar and West Bengal. With this acquisition, Jio has expanded its 1,800 MHz band spectrum in two circles. Jio's spectrum footprint has increased to 26,801 MHz (uplink + downlink), solidifying its leadership position," the company said in a statement. The government had offered a total of 10 GHz of spectrum ranging between 800 MHz to 26 GHz, which was worth Rs 96,238 crore at the base or auction start price. All the available spectrum in 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz, and 26 GHz bands were put to auction. This year auction has seen activity in 900 MHz, 1,800 MH

Rs 96,000 crore telecom 5G spectrum auction to start today: Check details

Reliance Jio, Bharti Airtel, and Vodafone Idea are likely to jointly invest Rs 12,500 crore in spectrum purchases, representing around 13% of the total Rs 96,320 crore worth of airwaves on offer

Bigg Boss OTT 3 2024: All you need to know about 'confirmed' contestants

The Bigg Boss OTT Season 3 is all set for its grand premiere today. This season promises a spectacular host with the B-town star Anil Kapoor bringing his signature 'Jhakaas' style to hosting duties

Vodafone Idea stock falls 2.5% on weak April telecom data, profit booking

On June 19, Vodafone sold 18 per cent stake in Indus Towers for Rs 15,300 crore to repay debts. Post stake sale, Vi's holding in Indus Towers stood at 3.1 per cent

RIL, Blue Dart, India Oil, Vi among six stocks to track on June 20

At 6:35 AM, GIFT Nifty futures indicated a slight uptick, trading 21 points higher at 23,525 compared to their previous close

Telecom subscriber base crosses 1.2 billion mark in April; Jio tops chart

The telecom subscriber base in the country has crossed the 1.2 billion user mark for the second time, with Reliance Jio leading the chart in terms of new additions and the total customer base, according to a sector regulator Trai's report. According to Trai's monthly subscriber report, the total telecom subscriber base increased by 0.16 per cent to 1,201.22 million at the end of April from 1,199.28 million in March 2024. The total subscriber base crossed the 1.2 billion mark in May 2017, and touched a record of 1.21 billion in July 2017. Wireless subscribers continue to dominate the total subscriber base, with 1,165.49 million during the reported month. Reliance Jio led the growth in the wireless segment by adding 2.68 million net new subscribers, taking its total customer base to 472.42 million. It was followed by Bharti Airtel, which added 752 thousand customers, thereby its subscriber base growing to 267.57 million in April 2024. The huge loss of 1.23 million subscribers by ...

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

Telcos dial into caller ID service trials to combat rising spam calls

Telecom operators are assessing the feasibility of CNAP, where both number and caller name will be displayed during incoming calls

Jio Platforms-SES internet service JV allowed to operate satellites

The 3 approvals issued to Orbit Connect India come as cos from Amazon.com to Musk's Starlink vie for the go-ahead to launch satellite communication services in the country

Expect govt to allocate 6 GHz band spectrum for 5G network expansion: COAI

Telecom industry body COAI on Wednesday said it expects the government to allocate the 6 GHz band spectrum for 5G network expansion and roll out a fair share data network usage policy to make big apps pay for the excessive traffic generated by them. COAI, whose members include Reliance Jio, Bharti Airtel, Vodafone Idea and others, released its priority wishlist for the newly formed government at the Centre on Wednesday. The body wants the government to increase the number of test labs for accelerating the process of clearing network gear to enable expeditious rollout of telecom networks. Quoting a report from the global telecom industry body GSMA, the Cellular Operators Association of India said India can save as much as USD 10 billion annually in 5G network deployment through the use of the 6 GHz spectrum. "India has made a giant leap in 6G innovations through initiatives, such as Bharat 6G Alliance and Bharat 6G Vision which envisage India to be a leader in 6G innovations and ...

Modi 3.0: Telcos seek roadmap for India's global digital dominance

Industry body DIPA has pledged its support to India's digital and telecom transformation under the new government and sought a clear roadmap that would cement the country's lead in digital infrastructure. Digital Infrastructure Providers Association (DIPA) said the industry is eager to collaborate with the government and contribute its expertise to drive the country's digital transformation further. "Revolutionary policies like Digital India, Gati Shakti, and PM WiFi Access Network have enabled widespread adoption of digital infrastructure, empowering individuals and businesses across sectors, from small vegetable vendors to grocery stores," Tilak Raj Dua, Director General of DIPA said. The telecom industry in India has undergone transformative reforms over the past few years under Prime Minister Narendra Modi's leadership, he said expressing confidence that the new government "will build upon this momentum, ensuring the seamless implementation and sustained success of these landmar

Is 5G-enabled FWA the answer to the monetisation prayers of Jio and Airtel?

The cost of more towers is more than neutralised by the low price the telcos paid for the spectrum. Spectrum used currently for FWA is 43 times more expensive than the millimetre band

JioCinema sets streaming viewership record with 620 mn reach in IPL 2024

The opening night of the 2024 IPL season saw a significant surge in viewership, with over 113 million viewers logging in, a 51 per cent increase compared to the opening night of the previous season

As Ambani eyes Africa with new telecom venture, should Airtel be worried?

Reliance Industries Ltd, through its subsidiary, is set to offer cutting-edge 5G shared network infrastructure solutions in Africa in collaboration with a local company supported by Ghana