Page 16 - Reliance Jio

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

Can Disney-Reliance combine redefine the Indian advertising market?

The Disney-Reliance combine will have enormous reach, market muscle, and a unique combination of broadcast and digital

India Inc pushes capital expenditure as capacity utilisation nears 75%

Reliance Industries is also investing in a battery giga factory in the new energy business vertical that will be ready by 2026 even as its capex in Reliance Jio in 5G rollout is almost over

RIL-Disney 'game-changing' deal gets a thumbs-up from analysts

The development will be negative for other players such as Zee, analysts said, who will now have to compete with a much larger entity

Reliance, Disney form joint venture to merge TV, OTT business in India

RIL to invest $1.4 bn in JV; Nita Ambani named chairperson, Uday Shankar vice-chairperson

Here's how Centre is gearing up BSNL to compete with private telecom peers

The measures include network upgradation, employee cost rationalisation and a proposal to provide more value-added services

DoT will not intervene in 2G network shutdown; parks decision with telcos

Around 50 million 2G handsets are sold annually, with over 500,000 2G base tower stations deployed throughout the country

Telecom subscriber base grows marginally to 1.19 bn in December: Trai data

Telecom subscriber base in the country grew marginally to 119 crore in December 2023 on account of new subscriber addition by Reliance Jio and Bharti Airtel, according to a Trai report published on Thursday. The broadband subscriber base also grew marginally to 90.4 crore, accounting for about 76 per cent of the total subscriber base, as per the monthly subscriber report published by the Telecom Regulatory Authority of India (Trai). "The number of telephone subscribers in India increased from 1,185.73 million at the end of November to 1,190.33 million at the end of December, showing a monthly growth rate of 0.39 per cent," the Trai report said. Reliance Jio added 39.94 lakh mobile subscribers while Bharti Airtel onboarded 18.5 lakh. However, the growth was mitigated with Vodafone Idea (VIL) losing 13.68 lakh mobile customers, state-run BSNL 1.5 lakh and MTNL 4,420 mobile customers. Wireline subscribers increased to 3.18 crore at the end of December 2023 from 3.15 crore at the end

RIL in talks for stake in Tata Play, may buy Disney's 29.8% share

JioCinema may offer entire content suite to Tata Play customers

Jio tries to woo Airtel users on V-day with classic 'call me' pickup line

Reliance Jio has picked a playful banter with Airtel on social media on Valentine's Day, asking the customers of the rival telco not to ignore "red" flags in their relationship, dishing out the flirtatious 'call me' pick up line. In reply, Airtel shared its campaign "Sab Kuch Try Karo, Fir Sahi Chuno" (Try everything, then choose right). "Dear @airtelindia users, This Valentine's, don't ignore the 'RED' flags in your relationship. It's time to move on from your 'Ex'-stream. Here's my number 60008-60008. Call me maybe," Reliance Jio said on X. Jio often comes out with banter on the eve of Valentine's Day. While earlier it used to tag Vodafone Idea, the company this time directed towards its rival Airtel only. Airtel customers took the opportunity and posted their complaints like the network issue they are facing. Reliance Jio replied to most of the customers who posted complaints against Airtel. "What better day than Valentine's to find your true love?" Jio tweeted when a custome

Paytm rebounds 19% from record low amid heavy volumes

The stock hit a new low at Rs 395.50 in intra-day deals on Tuesday, and then rebounded into the positive zone for the first time in last four trading days.

Reliance's Jio, Gortune pre-qualify for Sri Lanka Telecom stake bid: Report

This is a part of Sri Lanka's efforts to reduce government stake in state-owned firms under the $2.9 billion International Monetary Fund (IMF) programme

Jio cements market lead, adds 3.45 mn mobile subscribers in Nov: Trai data

Reliance Jio moved to a higher gear adding 34.5 lakh mobile subscribers in November, improving on its October gains, as rival Bharti Airtel garnered about 17.5 lakh new wireless users, according to TRAI data released on Monday. Vodafone Idea, however, slipped further losing 10.7 lakh subscribers in November, the monthly subscriber data by Telecom Regulatory Authority of India (TRAI) showed. The ailing telco's wireless subscriber base shrank to 22.44 crore in November. Reliance Jio's addition of 34.47 lakh mobile subscribers pushed up its wireless subscriber tally to 45.58 crore as on November. Mobile subscribers added by the country's largest telecom services provider Jio in November were higher than its user gains in October (about 31.6 lakh). After garnering mobile subscriber additions of 17.47 lakh, the subscriber count of Bharti Airtel in the wireless category stood at 37.98 crore.

Reliance Jio, OnePlus join hands to set up 5G innovaion lab in India

Telecom major Reliance Jio and Chinese smartphone company OnePlus have joined hands to set up a 5G innovation lab in India. "The alliance between OnePlus and Jio aims to provide OnePlus and Jio True 5G users differentiated features and an unparalleled network experience. "To bolster these initiatives, both brands are excited to announce the establishment of a state-of-the-art 5G Innovation Lab," OnePlus said in a statement on Thursday. The lab will serve as a hub for testing and developing new technologies. Reliance Jio leads the India market in terms of 5G coverage. "Together, Jio and OnePlus India are set to redefine the 5G landscape in the country, providing users with a glimpse into the limitless possibilities that lie ahead," an OnePlus spokesperson said. A Jio spokesperson said 85 per cent of the entire 5G deployment in India has been made by Jio. "It is time to unfold magical 5G experiences for our users and this partnership with OnePlus is a step in that direction," the

Samsung brings its premium play with the launch of Samsung BKC store

Samsung BKC aims to cater to the ultra-premium buyer in India. The store is located at Jio World Plaza, the high-end luxury mall from Reliance

Ram Mandir inauguration: Telcos enhance network connectivity in Ayodhya

DoT and other central, state, and municipal departments ensured speedy approvals in providing space for towers, movement of material, and manpower, thus enabling immediate execution, Vi said

Jio Platforms Q3 net profit rises 11.6% on strong subscriber growth

ARPU stays put at ~181.7, same as in Q2