Keeping Huawei out is hard as its offerings are cheaper than European rivals, and it has ongoing maintenance contracts with telcos here. Two-thirds of 560,000 towers in India run on Huawei equipment
Reliance Jio shares platform with Bharti Airtel to ring in 25 years of mobile telephony
At this month's AGM, Ambani promised to induct 'global partners and investors' in retail over the next few quarters
During their investor calls, the US-based companies highlighted the importance of the Indian market which is home to one of the world's largest Internet consumer bases
The June quarter results by Reliance Industries will be a major focus in the markets today. Besides, investors will also react to global cues, Covid-19 trends and other corporate results
Big business houses such as the Tatas, Anil Ambani, multinationals like Malaysian tycoon T Ananda Krishna of Maxis failed to create viable businesses
The other metric which helped drive the Q1 show was a 7 per cent sequential uptick in average revenue per user (ARPU) as compared to analyst estimates of a marginal dip
Ebitda for the June quarter grew 55.4 per cent to Rs 7,281 crore
An analysis of 12 brokerage research reports shows that expectations for RIL's net profit for the quarter ended June 2020 ranges from Rs 4,600 crore to Rs 8,083 crore.
Analysts estimate net profit to come down in 1st quarter
The reverse merger may bulk up valuations ahead of an IPO in two years, but questions about the performance of the wholesale business remain
Last year, India Inc sealed deals worth $88.88 billion in the January-July period, but this year the total transactions are $56.73 billion, fueled mainly by RIL-Jio deals
The goal is a 12-hour window for vegetables and fruits to move from the fields to the shelves
They said the subscribers of the plans constitute only a small portion of overall customer base
JioMart services are now available through smartphone app, web portal and WhatsApp
With a charge of Rs 18/min for voice calls to free voice calls now, and a burgeoning subscriber base, India's telecom sector has come a long way. We look at the men who made all of this possible
It's been through dizzying peaks, troughs, policy U-turns, court battles, brutal competition, and daily controversies
On July 31, 1995, mobile telephony began in India at Rs 16.80 a minute peak tariff. Now, most local voice calls are free, a market which has the largest subscriber base in the world after China
Facebook and other firms are accused of using users' personal data for political campaigns
I think the lesson of Reliance Jio is that there's nothing mystical about 5G technology, says Robert L Strayer