Jio had complained against incumbent operators Bharti Airtel, Vodafone and Idea for forming a cartel and blocking its entry
Reliance Jio on Wednesday said it is committed to implementing the most efficient telecommunications network in India and passing on the benefits of technology to Indian customers, adding that implementation of the Bill & Keep regime by the Telecom Regulatory Authority of India (TRAI) will help in making services more affordable for Indian customers.
Mukesh Ambani launched Reliance Jio on Sept 5 last year
The Jio data costs around Rs 11 for 1GB a day
Reliance Jio started charging for data from April, yet its adjusted gross revenue remained negative
Handset makers coming up with entry-level 4G feature and smartphones phones by Diwali
Petitioner alleged Airtel's subsequent ad campaign was based on dishonest award issued by Ookla
Reliance Jio has been recording highest speed since the past seven months
It said telcos are burning cash amid a brutal competition for market share
Pain in the telecom sector is not over yet and the current year will see an up to 10 per cent fall in revenue and eventually, the top three telcos will control up to 85 per cent of revenue market share after the ongoing consolidation, says a report. "We expect a consolidation in the telecom sector, with the top three telcos (Vodafone-Idea, Airtel and Jio) eventually controlling 75-85 per cent of revenue," ratings agency Standard & Poor's said in a note today. Stating that the the aggressive market play is "costly" for competitors, it said telcos are burning cash amid a "brutal competition for market share". "The ongoing raging telecom battle has all the ingredients of a 'Hunger Games' movie. The combination of rivalry, power plays, and elimination of the weak, has investors, financiers, analysts, and the government on the edge of their seats," its credit analyst Ashutosh Sharma said. The telecom sector has always been very competitive with telcos vying for market share, but ..
Price wars, capex to hit earnings growth of top telecom players
And asks how Jio phone without features like smartphone, serves those wanting internet browsing
Jio alleged that top 3 operators benefited by at least Rs 1 lakh cr due to BAK non-implementation
The two offers in reference are Jio Welcome Offer and the Happy New Year offer
JioPhone will be available for beta testing from August 15
Estimates show 0 mobile termination charge would mean hit of Rs 15,000-20,000 cr per year for sector
Jio started charging for mobile services from April 1, but continues to offer disruptive data rates
RJio started charging for mobile services from April 1; continues to offer free data, voice calls
Says bonanza due to IUC suggestions not being carried out by Trai
Jio expects over 100 million customers for 4G feature phones in the first 12 months