Page 22 - Reliance Jio

Reliance Jio, Airtel drive telecom subscriber base to 1,172.57 mn in May

New customer addition by telecom operators Reliance Jio and Bharti Airtel led to a marginal growth in the country's telecom subscriber base to 1,172.57 million in May, according to a report released by regulator Trai on Tuesday. Subscriber loss of Vodafone Idea, BSNL and MTNL mitigated the growth of the telecom user base in May. "The number of telephone subscribers in India increased from 1,172.52 million at the end of April-23 to 1,172.57 million at the end of May-23, thereby, showing a monthly growth rate of 0.004 per cent," the Telecom Regulatory Authority of India (Trai) said in its monthly subscriber report. The subscriber base growth came from rural areas, where subscriptions increased to 519.14 million in May from 518.64 million. The growth was offset by a decline in the subscriber base in urban areas to 653.43 million in May from 653.88 million in April. The wireless subscriber base grew marginally to 1,143.21 million in May from 1,143.13 million in April. Reliance Jio ...

Jio gains 3 million new subscribers, Vodafone loses 2.8 mn in May: Trai

Reliance Jio continues as the market leader holding more than 50% of broadband market share and 38% of subscriber market share

TMS Ep486: IT return, Tweets turns X, Jio-BlackRock JV, gigafactory

Why do so few Indians pay income tax? Will the 'X' Factor help revive Twitter? Can the Jio-BlackRock JV stir the AMC pot? What is a gigafactory? All answers here

JioBook: Reliance Jio may launch its second-generation laptop on July 31

While it does not appear that the JioBook (2023) will have many visible design changes, it is expected that the new device will have internal upgrades

RIL dips 3% in intraday trade on weaker-than-expected Q1FY24 results

The company reported a 10.8% year-on-year dip in its consolidated net profit to Rs 16,011 crore owing to weak profitability seen in the O2C business

Jio Platforms net profit up 12.5% to Rs 5,098 crore in Apr-Jun quarter

Digital services company Jio Platforms on Friday posted a 12.5 per cent year-over-year rise in net profit at Rs 5,098 crore in the June 2023 quarter on account of subscriber additions and better realisation per user. The company had posted a net profit of Rs 4,530 crore in the same period a year ago. The revenue from operations of Jio Platforms came in at Rs 26,115 crore during the reported quarter, up 11.3 per cent from 23,467 crore over the year-ago period. The net subscriber addition of the company surpassed 90 lakh with total data traffic jumping over 28 per cent YoY to 33.2 billion gigabytes for the quarter. The average revenue per user, measured in terms of ARPU, improved by 2.8 per cent YoY to Rs 180.5 fuelled by better subscriber mix and ramp up of wireline business. Jio Platforms comprises telecom arm Reliance Jio Infocomm, a host of startups, and music and video streaming apps. "5G adoption and FTTH ramp-up drive strong 28.3 per cent Y-o-Y growth in data usage as monthl

Jio Platforms Q1 net rises 12.53% to Rs 5,098 cr; ARPU now beyond Rs 180

On track to finish 5G roll-out before December, says Ambani

Trai said Jio tariffs not violationt: Devusinh Chauhan on predatory pricing

Regulator TRAI has taken a view that tariffs offered by Reliance Jio are not in violation of the tariff orders after it received a complaint that live TV channels on the telco's broadband offering amounted to predatory pricing, Parliament was informed on Friday. The Telecom Regulatory Authority of India (TRAI) received a complaint from a telecom service provider, where it was alleged that Reliance Jio Infocomm Ltd (RJIL) is offering services in contravention of the Tariff orders issued by the regulator. "On receipt of the complaint, TRAI sought response from RJIL. On examination of the complaint and the response received from RJIL, TRAI is of the opinion that the tariffs offered by RJIL are not in violation of the Tariff orders," Minister of State for Communications Devusinh Chauhan said in a written reply in Rajya Sabha. Under the provisions of the Telecom Regulatory Authority of India (TRAI) Act, 1997, TRAI regulates tariffs for the telecommunications sector in the country. The .

Reliance Jio Q1 net profit rises 12% to Rs 4,863 crore, revenue up 9.9%

Reliance Jio's total income during the first quarter rose to Rs 24,127 crore from Rs 21,995 crore a year ago

Top headlines: Jio Financial India's most valued NBFC, turmeric prices soar

Business Standard brings you the top headlines at this hour

Markets end at record closing highs; Sensex tops 67,500, Nifty nears 20,000

Closing Bell on July 20: The market discovered price of Jio Financial Services as Rs 261.85 per share, much higher than estimates

Jio Financial listing: NBFC stocks must cross key hurdles to resume rally

Listed NBFC stocks are currently facing selling pressure at higher levels, show technical charts

All eyes on Jio Fin price discovery, special session by bourses on Thursday

Street estimates range from Rs 150-240 per share for RIL's financial services arm

Rooter ties up with Reliance Jio to telecast gaming, esports content

To access the app on the home TVs, Jio Set-Top Box subscribers will be able to download Rooter directly from the JioStore

Reliance Jio to sign 5G equipment deal worth $1.7 billion with Nokia

Reliance's purchase from Nokia is in addition to the $2.1 billion worth of 5G equipment that it is already buying from Sweden's Ericsson

Jio ahead of Airtel in 5G rollout, owns 79% base transceiver stations

Its rival Bharti Airtel, the only other player in the 5G game, is significantly behind at the moment, with only one-fourth the number of Jio's 5G BTS towers

TMS Ep469: JioBharat phone, Ajit Pawar's switch, durable stocks, NLMC

Will the Rs 999 JioBharat 4G phone disrupt the market? Has Ajit Pawar's switch dented opposition unity? How will poor sales impact durable stocks? What's National Land Monetisation Corp? Answers here

Reliance Jio fishes in 2G user waters with 4G-powered Bharat Phone

Nearly 70 per cent of the 2G subscribers use 2G phones priced over Rs 1,000

Sensex soars 274 pts, Nifty near 19,400 as Bajaj Fin leaps 7%, Hero Moto 5%

Closing Bell on July 4, 2023: The rally was led by Bajaj Finance, Bajaj Finserv, Hero Moto, Tech M, TCS, Wipro, Sun Pharma, Kotak Bank, Infosys, Cipla, HCL Tech, SBI, HDFC twins, and ICICI Bank

Jio's new low-cost phone unlikely to disrupt telecom market: Analysts

Jio's launch also comes about a month after India's cabinet approved a $10 billion revival package for loss-making state-owned telecom operator BSNL to help deploy 4G and 5G services