Reliance Jio led March mobile subscriber growth with 2.17 million additions as Airtel's pace slowed and Vodafone Idea reported a steep rise in user exits
Reliance Jio cemented its lead in Indian telecom market adding 21.74 lakh wireless subscribers in March, while Bharti Airtel's monthly gains were at 12.50 lakh users, according to data released by telecom regulator TRAI on Wednesday. Vodafone Idea lost 5.41 lakh mobile users from its network, and its subscriber base shrunk to 20.53 crore users. As per the data, Jio's addition of 21.74 lakh wireless users during the month pushed up its subscriber count to 46.97 crore. For Bharti Airtel, the mobile base expanded to 38.98 crore, with addition of 12.50 lakh users in March. "Total wireless (mobile+5G-FWA) subscribers increased from 1,160.33 million at the end of February-25 to 1,163.76 million at the end of March-25, thereby registering a monthly growth rate of 0.28 per cent. Total wireless subscription in urban areas decreased from 634 million on February-25 to 632.57 million on March-25 and the subscription in rural areas increased from 526.33 million to 531.18 million during the same
JioStar's Vice-Chairperson Uday Shankar emphasised that a new approach for monetisation is needed in the industry, which will in turn help Indian media companies to achieve huge valuations
Tribunal upholds Sebi's Rs 30 lakh penalty on RIL for not disclosing the Jio-Facebook investment deal after media reports triggered stock movement in March 2020
He added, "We are living in an era of global media transformation when two major shifts have reshaped the creative industry globally." The first is geoeconomic, and the other is technological
Reliance Industries stock was trading at a 6-month high after the company reported better-than-expected Q4 earnings; the trading volumes at the counter jumped over 25 mn shares on the BSE and NSE.
Subscriber growth maintains momentum as 5G users hit 191 million
The conglomerate becomes first in India to report net worth of over ₹10 trillion
The company has announced a dividend of Rs 5.5 per equity share for FY25
Vodafone Idea (Vi) continued to lose subscribers, albeit at a much slower rate
Jio Financial Services Ltd on Thursday said its consolidated net profit rose 1.8 per cent to Rs 316.11 crore for the March quarter. The company had earned a consolidated net profit of Rs 310.63 crore in the same quarter of the previous 2023-24 fiscal year. Its profit in the third quarter of 2024-25 fiscal year was Rs 295 crore, Jio Financial Services said in a regulatory filing. Total income increased to Rs 518 crore, from Rs 418 crore in the fourth quarter of the previous fiscal year, a year-on-year growth of 24 per cent. Total expenses also witnessed a year-on-year increase at Rs 168 crore as compared to Rs 103 crore in the same quarter a year ago. For the full 2024-25, the company's net profit also improved marginally to Rs 1,612.59 crore, as against Rs 1,604.55 crore in 2023-24. The board of the company recommended a dividend of Rs 0.50 per equity share of Rs 10 each for the financial year ended March 31, 2025. Jio Financial Services, carved out from Reliance Industries Ltd,
The IPL will see its ad revenues rise by 50 per cent to touch $600 million (Rs 5,340 crore) across TV and the over-the-top (OTT) platform
This year, Gupta added that views on JioHotstar for live cricket are designed to be deeply immersive, offering a high attention quotient
Affordable pricing and blockbuster IPL streaming have helped JioHotstar become the world's third-largest video streaming service after Netflix and Prime Video
Originally, the offer, which includes free 90-day JioHotstar access in 4K and a 50-day JioFiber/AirFiber trial, was meant to end on March 31
The 18th edition of the Indian Premier League will run from March 22 to May 25, 2025
Consumers will have to access the sale through the JioGames app to purchase these games and then they can activate their purchases on the PC in a few easy steps
Telecom operators like Jio, Airtel, and Vi have engaged vendors for a caller ID service on all smartphone screens without requiring any third-party app like Truecaller
Tripura Chief Minister Manik Saha on Saturday said that Reliance Industries Jio is keen to invest in the Information Technology sector in the state. A company delegation met the chief minister and discussed the state's potential in the industrial sector. Saha in a post on Facebook said he had earlier met Mukesh Ambai, chairman and managing director of Reliance Industries, in Mumbai and Assam, and requested "him to support our vision for viksit (developed) Tripura". He said a team led by the North Eastern Zone Business Head of Reliance Jio visited the state during the day to explore investment opportunities in key sectors like IT and IT-enabled services, data centres, besides natural gas exploration and fertilizer production, petroleum, ethanol production from bamboo, rubber wood furniture, agro-food processing and tourism. "Their enthusiasm for the IT sector, in particular, is very exciting! Looking forward to collaboration with Reliance Group of Industries for transforming Tripura
Interestingly, Elon Musk-owned X (formerly Twitter) is banned in Pakistan