Page 15 - Reliance Jio

JioCinema cuts premium subscription fees to Re 1 per day, IPL remains free

JioCinema's new premium subscription plan starts at Rs 29 per month for one device and a 'Family' plan at Rs 89 to stream on four simultaneous devices

Trai moots passive infrastructure sharing among telecom service licensees

Regulator Trai on Wednesday recommended that telecom service licensees be allowed to share passive infrastructure, including buildings, towers, electrical equipment and dark fibre, owned and operated by them with all types of telecommunication service licensees. The sector regulator further mooted that telecommunication service licensees should also be allowed to share all kinds of active infrastructure elements owned and operated by them with other telecommunication service licensees as per the scope of their services. The recommendations were part of the Telecom Regulatory Authority of India's (Trai's) views on 'Telecommunication Infrastructure Sharing, Spectrum Sharing, and Spectrum Leasing' released on Wednesday. Trai said the implementation of the recommendations will help telecom service providers with greater cost efficiencies and improved time to market. It would also enable telecom service providers to offer better quality of service and wider coverage. At present, only ..

Reliance Jio becomes world's largest mobile operator in data traffic

Reliance telecom company has the second-largest 5G subscriber base globally, with 108 million users

Strong signal for telecom sector after successful Vodafone Idea FPO

VIL and Airtel have an instant ARPU upside if they can convert voice-only 2G users to 4G (all Jio users are data-enabled)

Telecom sector AGR rose 1.88% sequentially to Rs 67,835 crore in Q3 FY23

The monthly average revenue per user (ARPU) for wireless service rose to Rs 152.5

Unmonetised 5G holding back Reliance Jio's Arpu; tariff hike likely soon

Jio has the world's largest 5G subscriber base for any operator outside China now, but ARPU static for 3-straight quarters

Stock Market Highlights, April 23: Benchmarks end flat after range-bound session; Realty index jumps

Stock Market Highlights on April 23: The Nifty Realty index zoomed 2.6 per cent, followed by the Nifty FMCG index (up 0.76 per cent)

Jio Q4 results: Net up 12% at Rs 5.5K cr on strong subscriber growth

Jio claims to have highest 5G subscriber base of any telco outside China, but ARPU remains Rs 181.7

Sanjay Mashruwala resigns as MD of Reliance Jio with effect from June 9

Sanjay Mashruwala, one of the two managing directors at Reliance Jio, has resigned from the company, the firm said in a stock exchange filing. Mashruwala, 76, has been a key executive with Reliance since founder Dhirubhai Ambani's times and has been involved with several of its projects and business initiatives. He will leave Jio effective from June 9, the firm said. Pankaj Mohan Pawar, the other managing director, will continue, according to a BSE filing. "This is to inform that Sanjay Mashruwala, Managing Director, has tendered his resignation as Director of the company, effective from June 9, 2024," the filing said. Mashruwala, 76, is an accomplished professional and has been the Managing Director of the company since 2013. "The Board placed on record its appreciation for the contributions made by Sanjay Mashruwala in the transformative journey of the company," it said.

Reliance Jio Q4 results: Profit rises 13.2% to Rs 5,337 cr, revenue up 11%

Reliance Jio Q4FY24 revenue went up 11% to Rs 25,959 crore

Opening up several high band spectrum not enough for 5G, say telcos

Telecom service providers have pushed instead for opening up the 6 gigahertz band for auctions

Should you subscribe to Vodafone Idea FPO? Analysts weigh in

Analysts say while the fundraising could strengthen Vodafone Idea's infrastructure, the company faces challenges on the financial front

Porting requests at 8-month low; Voda biggest loser among major providers

In Feb 2024, subscribers made nearly 12 mn portability requests, lowest since June 2023

Jio adds 3.59 million users, corners 40% of market share in February

The company's growth has largely come at the expense of Vodafone Idea (Vi), which has been experiencing significant customer attrition for the past 23 months

Private equity investment falls 6-year low to $24.2 billion in FY24

Despite the slowdown in the financial year gone by, private equity firms and bankers are optimistic about the future

India had 14th highest median 5G download rates in Q4 2023: Ookla

Jio's 5G network reported a quicker video start time of 1.14 seconds than Airtel's 5G network, which was 1.99 seconds

Jio cements market lead with 4.18 mn mobile subscriber addition in Jan

India's largest telecom company Reliance Jio added 41.78 lakh mobile subscribers in January 2024, according to data released by the Telecom Regulatory Authority of India (TRAI) on Monday. Sunil Mittal-led Bharti Airtel upped its wireless subscriber count by 7.52 lakh, taking its mobile tally to 38.24 crore in January. Vodafone Idea continued to bleed on the subscriber front, and the troubled telco lost 15.2 lakh wireless subscribers. Its mobile subscriber base stood at 22.15 crore in January, as per TRAI data. Jio cemented its position in the telecom market and added 41.78 lakh wireless subscribers, as the January gains pushed up its mobile users tally to 46.39 crore.

Reliance jumps 4% as Goldman Sachs sees up to 56% upside in stock by FY26

The brokerage has raised its target price to Rs 3,400 from Rs 2,925 in a base-case scenario, reflecting a potential upside of 18 per cent from RIL's last close

Telecom giants shift focus to tier-based post-paid tariffs to boost revenue

Higher-priced family-pack bundles offer multiple mobile connections, generous data allowances, and subscriptions to popular OTT streaming apps to encourage users to upgrade to higher-ARPU-generation

Will Tata Motors drive out of Nifty, Sensex, MSCI, FTSE? What analysts say

In the past one year, shares of Tata Motors have been in top gear and have outperformed all stocks that comprise the Nifty Auto index with a rise of nearly 131 per cent during this period, shows data