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Is the Reliance Jio’s JioPhone really free?

The latest entrant to India's telecom market, Reliance Jio, has announced an unprecedented offer -- a 4G enabled phone with support for apps and videocalling for free.According to Mukesh Ambani, customers do not have to pay anything for the phone as the cost of the phone will be returned to

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Reliance Jio offers phone for ‘free’, unlimited voice, data at Rs 153

Reliance Jio chairman Mukesh Ambani announced the JioPhone, which aims to bring smartphone features to the candybar form factor.The phone will be given to anyone if they deposit Rs 1500 with the company. The user will get the Rs 1500 back when the device is returned after 36 months."Net net,

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WATCH HERE: Mukesh Ambani speech on Reliance Jio at AGM today

Mukesh Ambani, chairman of Reliance Jio will make a 'significant announcement' about the 4G wireless service provider's offerings at 11 AM on Friday while delivering his annual speech at its parent's annual general meeting.A live webcast of Mukesh Ambani's speech at the AGM, at which he is expected to

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BSNL halves 2Mbps unlimited plan to Rs 599 from 1,199

Faced with a slowdown due to the emergence of the pan-India competitor Reliance Jio, state-owned Bharat Sanchar Nigam Ltd has halved the price of its unlimited 2 Mbps DSL broadband plan to 599 per month.The player was earlier offering unlimited 2 Mbps for Rs 1,199.Though cheap by the company's standards,

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Spectranet overtakes Airtel Broadband on Netflix speed ranking for India

Netflix, the world's biggest distributor of movies, ranked Mumbai-based 7 Star cable network and Spectranet, which offers fiber broadband in several cities, as the fastest networks for prime time usage.The average speed available to Netflix was 2.77 Mbps on 7 Star cable and 2.69 Mbps on Spectranet in June, the

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With tariff change, Idea Cellular 4G data now cheaper than Reliance Jio

With Reliance Jio raising the price of its 1GB-per-day pack from Rs 309 to Rs 399, Idea Cellular has managed to beat the new operator in this segment, though not by much.Idea Cellular offers 1GB/day for 84 days at Rs 397, making it cheaper by 2 rupees. Though Idea's scheme

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RCom says telcos facing cash flow issues due to ‘go slow’ approach by banks

Telecom operator Reliance Communications said companies in the sector are facing cash flow issues due to what it called a 'go slow' approach taken by banks in disbursing loans.In an update on its 'standstill agreement' with its lenders, which provides it a window of seven months to complete a merger

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India cloud VPS market takes off with entry of new players

The cloud-based VPS, or virtual private server market in India has seen the entry of several new players in recent months, driving down prices.VPSes are used for various functions, including web hosting, software development and testing.Till about a year ago, prices for VPSes in India were quite high, at around

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Reliance Jio tops in user satisfaction, but call drop concerns remain

Reliance Jio users are a happier lot than customers of other services, but call drops and network availability remain key concerns, according to a survey conducted by a market research firm Velocity MR.The firm conducted a study among more than 2000 smartphone users across the cities of Delhi, Mumbai, Bangalore,

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RIL stock up as Reliance Jio proves doubters wrong, avoids an April dip in subscribers

Shares of Reliance Industries rose 3.5% today -- an extraordinary move for such a large company -- after it emerged that not only did the company not lose subscribers when it made the transition from free to paid services in April, it actually added a few million.The result was

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RCom ‘respectfully disagrees’ with Fitch and Moody’s on its credit rating

Anil Ambani-led Reliance Communications said it disagrees with the decision of agencies Moody's and Fitch to downgrade the company's credit rating based on its 'standstill agreement' with its lenders.Shares of RCom fell 4% to Rs 19.30 on the National Stock Exchange today as a result of the ratings action yesterday."We

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Sun TV could benefit from RCom’s financial troubles

Sun Direct, the DTH arm of Sun TV, could end up benefiting from the financial troubles faced by Anil Ambani Group's Reliance Communications.Speaking to media yesterday, Reliance Communications top honchos said the company was looking at various ways to reduce debt, including a sale of its DTH business.However, DTH services

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Bharti Airtel gets SEBI and stock exchange nod for Telenor acquisition

Bharti Airtel said it received the approval of the Securities and Exchange Board of India, BSE and National Stock Exchange of India for its proposed merger with Telenor India. Bharti Airtel further stated that Telenor India and Airtel have today filed the joint company application before the New Delhi

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