Page 5 - Reliance Jio

Reliance Jio on path to become dominant FWA player globally: Analysts

Indian telecom major Reliance Jio is on track to become the world's largest Fixed Wireless Access provider by subscriber base, eclipsing US-based telecom giant T-Mobile, an analyst report said on Sunday. According to recent data released by telecom regulator Trai, Reliance Jio total 5G FWA subscriber base (including unlicensed band radio) reached 6.88 million in May, while T-Mobile had 6.85 million subscribers in March. Reliance Jio reclassified around 1 million Fixed Wireless Access (FWA) unlicensed band radio (UBR) subscribers into FTTx category, following which its net FWA subscriber base stood at 5.9 million in May, with a monthly addition of 0.74 million customers. ICICI Securities report by analysts Sanjesh Jain, Mohit Mishra and Aparajita Chakraborty based on Trai data said that industry FWA (excluding UBR) stood at 7.4 million with RJio's FWA subs stood at 5.9 million after UBR reclassification. The report said that net addition was 0.74 million subscribers in May. "RJio's

Airtel lags Jio in May net additions even as overall subscriber base rises

Jio added 2.7 million mobile and FWA users in May to reach 472.4 million, while Airtel gained just 275,000 subscribers, Trai data show

JioBlackRock Broking gets Sebi's approval to launch brokerage business

Jio BlackRock Broking Pvt Ltd, a wholly owned subsidiary of Jio BlackRock Investment Advisers Pvt Ltd, has received regulatory approval from the Securities and Exchange Board of India (Sebi) to commence operations as a brokerage firm. JioBlackRock Broking aims to bring affordable, transparent, and technology-driven execution capabilities for investors, the company said in a statement. The broking entity's parent company, JioBlackRock Investment Advisers, is a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and BlackRock Inc of the US. Along with the recent regulatory approvals received by Jio BlackRock Asset Management Pvt Ltd and Jio BlackRock Investment Advisers to commence operations, the receipt of the broking license enables the Jio BlackRock joint venture to offer holistic investment solutions. "With JioBlackRock Investment Advisers, we will be able to offer personalised advice to retail investors. Now with brokerage, we will also bring an execution platform for

Jio Financial Services invests ₹190 crore in payments bank subsidiary

The company has been allotted 190,000,000 equity shares of ₹10 each of Jio Payments Bank Ltd, a wholly-owned subsidiary, for cash at par, aggregating ₹ 190 crore, JFSL said in a regulatory filing

JioHotstar nears Netflix with 300 mn subscribers after IPL 2025 surge

Driven by massive IPL viewership and CTV penetration, JioHotstar has crossed 300 million subscribers, nearly matching Netflix's global numbers, says JioStar

Watch Panchayat Season 4 for free: Unlock Amazon Prime subscription now

Panchayat Season 4 is now streaming on Amazon Prime Video. While a subscription is required, here's how users can watch it for free on the platform

Duopoly not good, must have competition in every sector: Scindia

Union Telecom Minister Jyotiraditya Scindia on Tuesday said duopoly is not good and there must be competition in every sector. Speaking at an event of Broadband India Forum, the minister said there is intense competition in the country among internet service providers and the government will issue rules for delicensing 6 gigahertz spectrum before August 15 that will be used for wifi services and bridging of digital divide. "Our job is to provide as many avenues as possible and within each vertical as well, provide intense competition. It's not good enough having a duopoly of one carrier or two carriers," Scindia said. Earlier in the event, former telecom regulator Trai Chairman RS Sharma said there is almost a duopoly in the telecom sector with just two active service providers and there is need to provide more route for giving broadband access to consumers at affordable rates. At present, Indian telecom sector is being dominated by Bharti Airtel and Reliance Jio who are actively .

BSNL launches country's first indigenous 5g fixed wireless service

State-owned telecom firm BSNL has forayed into 5G fixed wireless service to provide home broadband service with its launch in Hyderabad, the company said on Friday. At present, Reliance Jio and Bharti Airtel have been providing 5G Fixed Wireless Service (FWA) by using their 5G spectrum. "Quantum 5G FWA demonstrates how Indian engineers can create world-class connectivity. It is the first SIM-less, 100 per cent home grown customised 5G FWA for BSNL. Today is only a soft launch - many more cities and feature upgrades will follow," BSNL Chairman and Managing Director A Robert J Ravi said. The service was launched on June 18. According to the details shared by BSNL, the company will expand the pilot project in Bengaluru, Pondicherry, Vishakhapatnam, Pune, Gwalior and Chandigarh by September 2025. The company is initially charging Rs 999 for a 100 megabit per second (mbps) plan and Rs 1,499 for a 300 mbps plan. Through 5G FWA, telecom operators install a modem outside the subscriber's

Reliance, Airtel group challenges 'low' satcom fee which can help Starlink

India's telecom regulator in May proposed satellite service providers pay 4% of their annual revenue to the government for offering services

DoT seeks TRAI's views on pricing, modalities for multiple access bands

The telecom department has approached regulator TRAI seeking recommendations on reserve price, block size, quantum and other modalities for auction of mobile spectrum in eight existing bands, including 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz and 2,300 MHz, according to sources. Other bands where TRAI's views have been sought by the Department of Telecom (DoT) include 2,500 MHz, 3,300 MHz and 2,6GHz bands, the sources told PTI. DoT has also urged the telecom regulator to offer fresh recommendations for auction of spectrum in 600 MHz bands. TRAI has also been asked to look at the possibility of auction for newly identified 6,425-6,725 MHz and 7,025-7,125 MHz bands for recommendations on auction timing, band plan, reserve price, and terms and conditions. In the last auction held in 2024, Sunil Bharti Mittal's Airtel had emerged as the biggest bidder for radio waves used to transmit mobile phone voice and data signals, cornering about 60 per cent of the Rs 11,341 crore worth of spectrum

Jio-BlackRock enters mutual fund biz: What sets it apart? | Aladdin | Reliance | Mukesh Ambani

Mukesh Ambani has entred into the asset management space with Jio BlackRock Asset Management, a joint venture between Jio Financial Services and global investment giant BlackRock.

Jio BlackRock AMC gets Sebi approval, names Sid Swaminathan as CEO

Jio BlackRock AMC receives Sebi's final approval to start mutual fund business and appoints Sid Swaminathan as MD & CEO, aiming for innovation and inclusivity

Airtel approaches Jio, VIL on joint telecom initiative against fraud

Airtel has informed the government and regulator Trai that it has approached Reliance Jio and Vodafone Idea with a proposal for a joint initiative to unite the industry against rising telecom fraud and scams. Airtel has also urged all telcos to collaborate and collectively address the growing threat of deceptive and malicious scams targeting vulnerable individuals. In separate letters to the telcos, it cited data that India recorded over 1.7 million cybercrime complaints in the first nine months of 2024, resulting in financial losses exceeding Rs 11,000 crore. The call for action comes at a time when cybercriminals are using increasingly sophisticated tactics like phishing links, fake loan offers, and fraudulent payment pages, leading to a surge in digital fraud and identity theft incidents. Airtel has upped the ante on the war on digital spams and scams, and the last few weeks have seen the Sunil Mittal-led telco rolling out fraud detection solution to block rogue sites across ...

43% of Bharti Airtel, Reliance Jio smartphone users have shifted to 5G

43% of total smartphone users of Reliance Jio and Airtel have already jumped on the bandwagon

Jio Platforms finds the right signal with 'non-connectivity' ventures

At an annualised level, revenues from non-connectivity services are expected to reach about ₹16,000 crore

Fixed wireless access gets strong signal in India's rural heartland

Jio had about 44% of its subscriber base in rural parts by March

Airtel dials rivals Reliance Jio, Vodafone Idea, BSNL to fight cyberfraud

The call for collaboration comes at a time when the government is intensifying efforts to detect and prevent potential cybersecurity attacks

Jio Credit raises Rs 1,000 crore in maiden bond issue at 7.19% yield

Backed by strong demand from mutual funds, Jio Credit's debut bond issue sees three times subscription and achieves a tight yield despite market volatility

Telcos set up joint monitoring centre with DoT amid rising hostilities

Jio, Airtel and Vodafone Idea activate 24x7 joint centre with DoT to ensure uninterrupted services, disaster preparedness and coordination with government agencies

Jio Credit looks to raise Rs 1K cr in maiden bond issue next week

Jio Finance to launch its first bond issue on May 14 with Rs 1,000 crore target and 7.19 per cent expected coupon amid improved liquidity and rate cut outlook