Reliance Industries' stock: Among 36 analysts' recommendations on Bloomberg, 24 recommend buying the stock
Telecom operator Reliance Jio on Tuesday said it will offer broadband services to the Micro, Small and Medium Businesses (MSMBs) at lower tariffs.
In a market of 1.3 billion with only about a half having access to mobile broadband, the untapped user base still holds much promise
Moody's also expects operators to opt for deferred spectrum payments, thus helping to mitigate the effect on liquidity and cash flows
Telecom auction fails price discovery test
Reserve price for future auction could be cut, says CLSA
The strengthening of spectrum footprints by Bharti Airtel and Reliance Jio in the just-concluded auctions is expected to yield market share gains for the two telcos
Reliance Jio has bagged more than 50 per cent of the total quantum of airwaves sold by paying Rs 57,122.65 crore. Of the 855.6 megahertz of spectrum sold, Jio has got 488 megahertz
DoT may garner Rs 20,000 crore as upfront payment in FY21
Reliance Jio said its acquired spectrum can be utilised for transition to 5G services at the ''appropriate time'', where it has developed its own 5G stack
About one-third of the spectrum being auctioned is in the 700 MHz band, which was completely unsold during the 2016 auctions
Revenue garnered from 4G auction may be much lower than reserve price set at Rs 3.92 trillion
Reliance Jio's new offer may impact Vi's fundraise plans, say analysts
Spectrum will be offered for assignment for a validity period of 20 years
The premium band is considered ideal for internal coverage but went unsold in the 2016 auctions. TRAI in its recommendations in August 2018 reduced the price by 40%
Those at Jefferies believe RJio's primary focus is still on gaining subscribers, which dampens expectations of tariff hikes going ahead
Customers offered handset, two years of unlimited voice calls and 2GB data a month for Rs 1,999
For the existing JioPhone users, 12 months of unlimited service will be provided for Rs 749 per annum, which include unlimited voice calls and unlimited high-speed internet data (2 GB every month).
DoT says 10% of the outstanding on day of SC verdict last year has to be paid by Airtel, Vi
Jio started its services in September 2016. By end of December 2020, it climbed to the top-most position in the circle