According to analysts, revenues of the telecom industry are down by $7 billion annually since the launch of services by Reliance Jio in September 2016
Jio is offering ISD calling service at a starting price of 50 paise per minute
Reliance Jio on Thursday launched a new postpaid plan at Rs 199 offering 25GB of data and unlimited voice and SMS.
Bharti Airtel dipped 6% to Rs 388 on the BSE, while Idea Cellular hit a fresh 52-week low of Rs 53.45, slipped 8% in intra-day trade.
Subscriber additions, while suppressing incumbent telecom operators, will continue to remain top priority, say analysts
Airtel, Vodafone, BSNL increase subscriber share while Idea manages to retain
The platform will start doing live video calls from Friday. It has a unique auto-learning feature that will help improve answering accuracy
Jio wants to grab 50 per cent revenue share in the mobile market within three-four years of its launch (it has been on for 18 months)
The Mukesh Ambani-led telco, however, saw an 11 per cent drop in average revenue per user
Jio has quickly garnered 14% of a market that is expanding rapidly, putting pressure on other mobile phone providers
The source did not mention the timeline for raising the loan from Japanese banks
Jio has made data accessible and affordable, with average prices per GB dropping to Rs 10 from Rs 152
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
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
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
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
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
Reliance spent more than $31 bn to break into India's mobile-phone market
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
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