According to the latest report, Jio pipped its nearest rivals Bharti Airtel and Vodafone who recorded an average download speed of 8 mbps in February
Cash flows to absorb Africa impact amid weak crude oil prices and rupee
Reliance Jio has been found to be the fastest network in the country by the Telecom Regulatory Authority of India. However, private broadband analysis firm have had different findings.
Amitabh Kant claimed that fixing a floor price is in "national interest" and would ensure that the sector is provided with much needed relief measures
The government, last week, had asked Bharti Airtel, Vodafone Idea and other telecom companies to pay remaining AGR dues as per the Supreme Court order without further delay.
Regarding the company's growth in the retail segment, it said that the "greatest growth opportunity" lies in the organised retail segment.
Vodafone Idea has has maintained it would not be possible to continue as a going concern without any relief from the government on payment of AGR dues
The telcos said that data prices should be regulated keeping in mind the financial health of the sector
And urgent steps to avert a cascading crisis
It's avoided by regulators in developed countries as it is considered anti-competitive and anti-consumer
Reliance Jio and UV Asset Reconstruction Company Limited were the highest bidders for RCOM assets at the CoC meeting held on January 13, 2019
Officials said the amount was not much to have any bearing on the fiscal position
With significant discrepancies cropping up in the AGR math, the industry may be facing a fresh round of dispute
Vodafone Idea's payment in particular assumes significance as the company has been under tremendous financial pressure and is confronted with AGR liabilities of over Rs 53,000 crore
In India, Reliance Jio has approached the government to start 5G mobile network trials based on the technology and design that it has developed in-house
The move comes on the heels of Jio deciding to broaden its 5G trial runs with Chinese giant Huawei Technologies, Ericsson, and Nokia Networks
Vodafone Idea said adjustment of GST credit due from the government could help in meeting its AGR payment
It wants to push the pedal on more than doubling its monthly acquisition of 2G customers from competing telecom companies.
Vodafone Idea and Airtel lost 3.6 million and 11,050 users, respectively
The telecom department officials remained tightlipped after the high-level meeting on Sunday