Reliance Jio Infocomm posts smallest profit rise in seven quarters
Jio said the service has already been available in four remotest locations in India - Gir Gujarat, Korba Chattisgarh, Nabrangpur Odissa, and ONGC-Jorhat Assam
Telecom major Reliance Jio has deployed 85 per cent 5G network in India and has the capability to deploy one 5G cell in every 10 seconds, the company's Chairman Akash Ambani said. According to a statement released by broadband speed and quality measurement firm Ookla, the Reliance Jio chairman said that the company has covered the entire country with a 5G network ahead of the promised time frame of December 2023. "I am particularly proud of our speed of the committed True 5G roll-out. Today, we have covered the entire country with a robust True 5G network ahead of our promised time frame of December 2023. 85 per cent of the entire 5G deployment in India is made by Jio. We continue to deploy one 5G cell every 10 seconds," Ambani said. According to the Department of Telecom, over 3.38 lakh base stations for 5G have been deployed across the country. "Over the past seven years, we've set several global benchmarks, propelling India into digital prominence. Today, our ambitions are even
Telcos sought additional time for implementation of new rules as it required change in their IT systems. Considering the request, the government has given a one-time extension
Telecom major Jio has topped across nine mobile network parameters in the first half of 2023, Broadband speed and quality research firm Ookla said on Tuesday. According to Ookla, Jio emerged as the number 1 network in India, winning all nine awards for mobile networks in the market, including all awards for 5G networks. The achievement is a first for any service provider anywhere in the world, it said. Among the nine parameters, Jio bagged the top rank for best 5G gaming experience network in the country with a score of 87.09, video experience with 86.23, mobile gaming experience (77.31), mobile video experience (77.04), fastest 5G mobile network with a speed score of 335.75, and best mobile coverage, with a score of 801. "Over the past seven years, we've set several global benchmarks, propelling India into digital prominence. Today, our ambitions are even higher, and our faith in India's digital future is as strong as ever," Reliance Jio Chairman Akash Ambani said. "I am particul
Confirming the move, S P Kochar, director general of COAI, said that the aim is to put the information in public domain for all stakeholders and also for the government
SC ruling will increase uncertainty in telecom
It is Airtel vs Jio again as a new wave of satellite communication promises to take broadband internet to the remotest corners
The mobile Arpu for Airtel stood at Rs 200 at the end of the first quarter of FY24. On the other hand, Airtels's Arpu for home services stood at Rs 608
Men's ODI World Cup 2023 begins and it's time to enjoy the coverage for free on Disney+ Hotstar with Airtel and Jio's monthly and yearly plans. Here's all you need to know about these plans
BSNL has started deploying 4G towers and the speed will pick up after Diwali. Once the 4G rollout stabilises, we will enable 5G on the BSNL network next year, said Vaishnaw
With the start of the World Cup cricket tournament, Reliance Jio and Bharti Airtel have rolled out plans to woo cricket fans. Reliance Jio has started offering multiple prepaid plans bundled with Disney+ Hotstar where users will be able to watch World Cup cricket matches. Bharti Airtel has launched two plans, which include unlimited data for 2 days against a payment of Rs 99 and 6GB of additional data with 1-day validity for Rs 49. On the other hand, Jio has rolled out monthly, quarterly and annual plans bundled with data, unlimited voice, and subscription to Disney+ Hotstar mobile. Jio's basic plan is priced at Rs 328 and comes with 1.5 GB high-speed data per day for 28 days and a 3-month Disney+ Hotstar mobile subscription. In addition, Jio has also introduced a Rs 758 plan, which offers 1.5 GB of high-speed data per day for 84 days and comes with a 3-month Disney+ Hotstar mobile subscription. Similarly, plans priced at Rs 388 and Rs 808 offer 2 GB of high-speed data per day fo
With the start of the World Cup cricket tournament, Reliance Jio and Bharti Airtel have rolled out plans to woo cricket fans. Reliance Jio has started offering multiple prepaid plans bundled with Disney+ Hotstar where users will be able to watch World Cup cricket matches. Bharti Airtel has launched two plans, which include unlimited data for 2 days against a payment of Rs 99 and 6GB of additional data with 1-day validity for Rs 49. On the other hand, Jio has rolled out monthly, quarterly and annual plans bundled with data, unlimited voice, and subscription to Disney+ Hotstar mobile. Jio's basic plan is priced at Rs 328 and comes with 1.5 GB high-speed data per day for 28 days and a 3-month Disney+ Hotstar mobile subscription. In addition, Jio has also introduced a Rs 758 plan, which offers 1.5 GB of high-speed data per day for 84 days and comes with a 3-month Disney+ Hotstar mobile subscription. Similarly, plans priced at Rs 388 and Rs 808 offer 2 GB of high-speed data per day fo
Reliance Jio and Bharti Airtel are expected to invest about Rs 75,000 crore in the current financial year to strengthen their networks, according to a report by JM Financials. According to the report, Jio may invest around Rs 42,000 crore and Bharti Airtel around Rs 33,000 crore in FY24, but the investment will taper down after their 5G network rollout target is met as per their announcement. "Bharti's management capex guidance implies India business capex could decline to approximately Rs 200 billion (Rs 20,000 crore) from FY25 (versus Rs 280 billion, or Rs 28,000 crore in FY23) though we continue to conservatively build in approximately Rs 270 billion (Rs 27,000 crore) for FY25 and Rs 330 billion (Rs 33,000 crore) for FY24," the report said. As per the report's estimates, Jio's capex may be about Rs 42,163 crore in FY24, which may lower to about Rs 30,000 crore in FY25. Jio has announced plans to complete pan-India 5G rollout by December 2023, while Bharti Airtel aims to do the s
Earlier in September, Jio had also raised close to $2 billion from BNP Paribas
It comes at a time when several new players have entered the market and consumers prefer real estate and bullion for investment
For both Jio and Airtel, capital expenditure has increased exponentially as they sink in unprecedented levels of investments into the network rollout for 5G services
Mani formerly ran Google's Android operations in the Asia Pacific region
Closing Bell on September 28, 2023: Tech M, which sank 4 per cent, was the top laggard on the benchmarks after Morgan Stanley downgraded the stock to 'underweight'
Trai data revealed that 11.7 million subscribers had submitted requests for Mobile Number Portability (MNP), signalling a sustained trend of Vi users migrating to other operators