Page 92 - Reliance Jio

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

Reliance Jio's Republic Day offer: Unlimited data at Rs 49, other deals

JioPhone users will enjoy free voice calls and unlimited data (1GB at high speed) for 28 days at a price of only Rs 49

Reliance Jio's Rs 49 recharge plan may attack competition's 2G base

This new plan is expected to deal a large blow to competitors who are already reeling under heavy losses as they try to aggressively match Jio's prices

Reliance Jio's Republic Day offer: Now get 50% more data, pay Rs 50 less

Jio will also double the validity of Rs 98 pack to 28 days from the current 14 days from January 26 onwards

Q3 performance: What gives Reliance Jio an edge over defensive Airtel

Given that voice services are free, attractive data packs are making the difference - giving Jio the edge over Airtel

Reliance Jio is committed to use Open Source technology: Akash Ambani

The summit is taking place at Reliance Corporate Park and Reliance Jio is a key partner.

RIL to invest Rs 50 bn in Bengal; to get 100% Jio coverage by Dec: Ambani

Mukesh Ambani said the digital economy will bring prosperity at more than double the speed of the traditional economy

JioCoin: Reliance planning own cryptocurrency, Akash Ambani to lead project

The company aspires to get into the Internet-of-things business and blockchain will help its foray

Tough 2018 for telcos as Jio price cut will make Arpu recovery harder

Reliance-run Jio had last week announced another Rs 50 reduction in its existing plans

Jio beats Idea, Airtel in Oct to top 4G download speed chart at 19.6 mbps

Jio's average download speed, however, fell marginally compared to the 21.9 mbps it had recorded in September

Reliance Jio to acquire wireless infra assets of RCom

RCom will utilise proceeds of monetisation of cash deal solely for payment of debt to its lenders

Reliance Jio subscriber base at 160 million

Reliance Jio entered the highly-competitive telecom sector in September 2016 with a six-month promotional offer of free voice and data