The website magicapk, where details were leaked, has been suspended now
The feature phone is speculated to cost Rs 500 after the company subsidies
This would be the telecom firm's first official acknowledgement of a system breach
Business Standard reviews latest announcements made by Bharti Airtel and Reliance Jio
In the latest move, the telco has reduced validity for its Rs 309/509 packages from 84 days to 56
The feature phone is speculated to cost Rs 500 after the company subsidies
Trai's broadband speed chart showed average download speed on Jio network dipped from 19.12 mbps
Idea has 54.8%, followed by Vodafone with 53.7%
With Jio's launch, current mobile broadband coverage in India has shot up to 75 per cent
Market share of Reliance Jio grew from 12 per cent in first half to 77 per cent in the second half
Reliance Jio effect was also evident in the decline being maximum in metro and A circles
As per CCI website, the deal is under review
About 86% of Jio users intend to continue using its services in future, despite call drop issues
Even though a few mobile operators in India have sought fixing of a floor price for voice and data services, it is not a norm in most developed markets and only a few countries like Morocco have a floor price on bundled services.As per a report by Morgan Stanley, most of the developed markets globally do not have any such floor price for both data and voice. Last week, some of the incumbent operators had asked sectoral regulator Trai to fix a floor or minimum price for voice and data services. The operators had suggested imposition of floor rate for tariffs to check predatory pricing. The incumbents have alleged that latest entrant Reliance Jio had adopted a predatory pricing approach to win market share.However, as per Morgan Stanley, globally only a few countries like Morocco have a floor price for bundled services. In Nigeria, there was a directive by the Nigerian Communications Commission to implement a floor price on data from December 1, 2016 as a means to promote level playing .
Jio is offering 1 GB of 4G data per day and unlimited voice calls under Rs 303, Rs 309 schemes
The complaint mainly pertained to the free services offered by the new telecom player
Trai chairman spoke about 'deliberating' upon fixing a minimum floor price for voice, data
The move from Reliance Jio comes against the backdrop of falling market share of Lyf handsets
Reliance Jio (RJio), which has stormed the 4G market in India, is witnessing a slowdown in subscriber additions and for the first time since September last year, Bharti Airtel has added more active subscribers in a month than RJio.However, in terms of net additions, RJio continues to add maximum subscribers. The latest entrant added 3.87 million subscribers in April followed by 2.85 million by Airtel, 0.81 million by BSNL, 0.75 million by Vodafone and 0.68 million by Idea. All the other operators lost subscribers on net basis in April.As per reports by Goldman Sachs and ICICI Securities, RJio added 0.4 million active or VLR subscribers in April as compared to 2.6 million by Airtel. The active subscriber additions by Jio continue to slow down from September-October period of last year, when it was adding around 16 million subscribers a month.RJio has witnessed a deceleration in its active subscribers in fourth straight month and as the company has started to charge from April, the ...
Blames Airtel, Vodafone and Idea for cartelisation and financial stress of smaller players