Page 91 - Reliance Jio

How long is a quarter? 6 months if it is Indian startup Reliance Jio

Jio has quickly garnered 14% of a market that is expanding rapidly, putting pressure on other mobile phone providers

Jio plans to raise Rs 32.5 bn from Japan's MUFG, Mizuho and Sumitomo Mitsui

The source did not mention the timeline for raising the loan from Japanese banks

Jio's entry led to $10-bn annual savings for telecom consumers: Report

Jio has made data accessible and affordable, with average prices per GB dropping to Rs 10 from Rs 152

Reliance Jio now brings banking on mobile: Know benefits of payments bank

The payments bank is like any traditional bank operating at a smaller scale. The only difference is that payments banks do not have any credit-providing service

Reliance Jio offers Rs 2200 cashback on Nokia 1: The deal and how to get it

According to the terms and conditions of the offer, the cashback is valid only for Jio users and would be credited in the form of vouchers that can be redeemed only on recharges

Reliance Jio Prime membership subscription to end on March 31: What next?

Jio Prime subscriptions, started April 1 last year, expire on 31 March. Now, with the expiry approaching, it is expected that Jio would make a new announcement sometime soon

Flipkart lists Reliance JioFi WiFi hotspot JMR815 at Rs 999: Details here

JioFi 4G WiFi hotspot is capable of attaining a download speed of up to 150Mbps, and upload speed of 50Mbps. It features a circular design and allows up to 32 simultaneous connections

Jio vs the rest: Next round of telecom sector consolidation has just begun

From an industry that had a profit after tax of 15% of its revenues in 2007-08, its losses hit more than Rs 180 bn in 2016-17 even though the revenues doubled in the same period

How Jio was born: Tired of poor internet speed, Isha Ambani mooted the idea

Reliance spent more than $31 bn to break into India's mobile-phone market

Reliance Jio shoots off another letter in escalating spate with COAI

Jio said that the industry body's veiled references to it as being the sole beneficiary of TRAI's regulations were not lost on anyone

Reliance Jio edging past incumbents with partnerships on exclusive content

Airtel, too, is beefing up its content offering and announced a partnership with Hotstar and Amazon to bundle the latter's Prime membership with its post-paid plans

Predatory pricing rules: Reliance Jio hits back, seeks apology from COAI

Hitting back at COAI for its views on predatory pricing tariff norms issued by Trai, Reliance Jio Infocomm Ltd (RJIL) has sought an apology and explanation for making callous and defamatory statements against Jio and sectoral regulator.Jio in a letter addressed to Rajan Mathews, DG, COAI said the press release issued by the association recently constitutes false communication that are intentionally, wrongfully and maliciously made to induce disparaging and inimical public opinions against it. "The press release is motivated by the aim of devalue the esteem, regard and confidence enjoyed by RJIL, thus causing injury to RJIL's repute among the public and in the market," the letter said.COAI on February 20 had issued a press release terming the Trai's tariff order as favouring one particular operator with deep pockets and monopolistic designs at the expense of other operators and it deals a near fatal blow to the whole telecom industry. However, Jio said the release while masquerading a .

Non-predatory rules: Slightly negative for incumbents but Jio to gain

The non-predatory tariff rules announced by sectoral regulator Trai could adversely impact incumbent operators like Bharti Airtel, Vodafone and Idea Cellular as the new norms restrict their pricing flexibility whereas new entrant Reliance Jio will be left untouched atleast till the time it achieves a market share of 30 per cent.As per the order by Telecom Regulatory Authority of India (Trai), a tariff can be considered predatory if a significant market player (SMP) offers services at a price which is below the average variable cost in a "relevant market" with a view to reduce competition or eliminate competitors."The tariff order restricts predatory pricing by players with more than 30 per cent subscriber/revenue market share and puts no restrictions on promotions from Jio which is the dominant player in data with 4x more volumes than Bharti Airtel or Idea+Vodafone," BNP Paribas said in a report.Also, Trai has disallowed operators from sending special offers to select customers ...

Reliance Jio offers Rs 2,200 cashback on smartphones purchase from 22 firms

The Jio offer is valid on first recharge done between February 15 to March 31, 2018 using new smartphones

Here's why Mukesh Ambani's first Jio profit is 'too good to believe'

Morgan Stanley estimates Jio will turn cash-flow positive in the 12 months through March 2020

Jio tops 4G speed in Nov for 11th straight month; beats rivals Voda, Airtel

Vodafone registered a top download speed of 10 mbps followed by Bharti Airtel 9.8 mbps and Idea Cellular 7 mbps

Reliance Jio rebuts JioCoin reports, clarifies it has not launched any app

The Mukesh Ambani company said any such apps using the JioCoin name were fake and people were advised to refrain from dealing with any of them

Reliance Jio mulls Android Go-based smartphone at throwaway price: Report

The smartphone would be launched under Lyf brand and might use chipset manufactured by Taiwan-based chipset manufacturer - MediaTek

Reliance Jio effect: Airtel, Idea combined quarterly revenue rate down 23%

Investors seem to have given up on the telecom sector after waiting for nearly a decade to make some money in stocks here. Kotak Institutional Equity (KIE), a leading brokerage, has decided to drop coverage on Bharti Airtel, the largest mobile telephony operator, citing a dismal financial outlook. The move raises a question mark over long-term financial viability of the sector and investor ability to generate decent return. The KIE decision is in the wake of Reliance Jio launching a new round of aggressive price cuts to make further inroads into subscribers and the revenue base of older operators. KIE says the successive price cuts by Jio havr made it nearly impossible for the industry to raise revenue and recover the capital expenditure involved in rolling out a national network. "Jio's aggressive competition could continue for a very long time, until it reaches some undefined market share, revenue or profit targets. We are not sure if Indian market revenues will be sufficient by ...

T N Ninan: Jio Mukesh! And hope his competitors will 'Jio' too

Jio has turned profitable within 18 months of its 'launch' but that's no reason to ignore the competitors' plight who have been incurring losses