Reliance Jio claims to have developed in-house 5G solution

In a shocking announcement, Reliance Jio, India’s largest telecom player, announced that it has developed a fully in-house 5G telecom solution that can be deployed as early as next year. “I have great pride in announcing, that Jio has designed and developed a complete 5G solution from scratch,” Reliance Jio Chairman Mukesh Ambani said today […]

Shutdown fears? Vodafone Idea is still expanding

Even as shares of Vodafone Idea tanked 17% over fears that the company may shut down or file for bankruptcy, the latest numbers posted by the company show that it continues to invest in its network. The correction in the stock price followed a renewed warning yesterday that the company may not be able to […]

LIVE: Mukesh Ambani’s AGM Speech Highlights

The following are the major highlights of the speech made by Mukesh Ambani at Reliance Industries’ annual general meeting 2019. He is expected to announce details of the launch of Jio GigaFiber, the cable and broadband service that has been five years in the making. He is also expected to detail the company’s ambitious e-commerce […]

TRAI rescues small cable operators, says no net worth rule needed

The Telecom Regulatory Authority of India, which recently come in for a lot of pummeling from the small cable operators for its new tariff rules, has now emerged as a savior of the same set of operators as it has dismissed government’s suggestion of fixing a ‘net worth’ requirement for cable feed providers. Ministry of […]

Mukesh Ambani’s Reliance Industries sets up real estate company

Reliance Industries, the flagship company of the Mukesh Ambani led Reliance Group, said it has set up a subsidiary for the purpose of carrying out operations in the real estate space. The group, which has hitherto focused on areas like petrochemicals, energy, retail and technology, does not have a sizable real estate-focused business as of […]

Mobile data prices down 96% under Modi

Prices of mobile data have crashed by 96% under Modi’s tenure, while those of voice services fell by 76%, according to data released by Department of Telecom. On average, 1 GB of mobile data used to cost Rs 254.95 in December 2014, DoT said, while its price has fallen to just Rs 10.91 for the […]

Jio GigaFiber to be launched in 1,500 cities – Mukesh Ambani

India’s biggest billionaire and chairman of telecom operator Reliance Jio said today his company is rolling out fiber connectivity in 1,500 cities in India — an apparent uptick from the 1,100 cities announced four months ago. Pointing out that India is ranked at 134th in the global ranking for fixed broadband penetration, Ambani said Jio is determined to […]

RCom confirms sale of telecom assets to Reliance Jio

Reliance Jio, the firm led by Mukesh Ambani, will walk away with most of the telecom assets of Reliance Communications, led by Mukesh’s brother Anil. Rcom said it has “signed definitive binding agreements with Reliance Jio Infocomm Limited for sale of Wireless Spectrum, Tower, Fiber and Media Convergence Node (MCN) assets.” The Anil Ambani company […]

Boosted by Jio’s success, Mukesh Ambani unveils his future plans

Mukesh Ambani, India’s richest man, said telecom was the first of his big bet, and he will now use his resources to solve problems in three other difficult areas — agriculture, education and healthcare. Speaking at the HT Leadership Summit, Ambani said his primary motivation was not to make money. “Money has never meant much […]

Post GSM shutdown, RCom may build own 4G network separate from Jio’s

Reliance Communications today said that it was ‘optimizing’ its 2G and 3G networks in the light of its decision to focus on 4G, but also dropped a hint it may use the towers and infrastructure to later launch its own, fully-owned 4G network. At present, it depends on Reliance Jio for delivering 4G services and […]

After DTH, RCom to shut down GSM operations

Reliance Communications, the telecom arm of the Anil Ambani Group, has got moving on its announced strategy of becoming a 4G-only operator by shedding its GSM and 3G operations. According to industry sources, the company has been re-allocating its staff to the 4G division and gradually switching off GSM cell sites. The GSM network could […]

Worth Rs 70,000 cr, Patanjali’s Acharya Balkrishna named to India’s richest

Acharya Balkrishna of Patanjali has emerged as the latest addition to the list of the top ten richest people in India, which is still headed by Mukesh Ambani, chairman of Reliance Industries. Haridwar-based Acharya Balkrishna, age 45, rose to 8th position from 25th last year after seeing his wealth grow by 173%. He is now […]

Ambani suddenly looks like the smart guy after TRAI termination charge cut

Operators such as Bharti Airtel, Vodafone, BSNL and Idea Cellular are likely to cut call tariffs for 2G and 3G users after TRAI decision to cut ‘termination charges’ to 6 paise per minute from 14 paise. More importantly, the bet that Mukesh Ambani placed by making voice free seems to be paying off as his […]

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, you pay nothing […]

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 announce the launch of ultra-cheap […]

Reliance Jio could replace Summer Surprise with new offer after TRAI order

Reliance Jio’s withdrawal of its Summer Surprise Offer is unlikely to make any difference to most of its customers, and the company may even come up with a new version of the plan to comply with the ban. “The Telecom Regulatory Authority of India (TRAI) has advised Jio to withdraw the 3 months complimentary benefits of Summer […]

WATCH LIVE: Mukesh Ambani’s speech on Reliance Jio reaching 100 mln users

Mukesh Ambani, chairman of Reliance Jio Infocomm will be giving an update on the performance of India’s largest data services provider at 1:30 PM today. You can watch the live broadcast of Mukesh Ambani’s speech below.   He is widely expected to announce that his company has crossed the 100 mln subscriber mark. He may […]

Bharti Airtel to stop obsessing about per-GB price to drive usage

Bharti Airtel, the country’s largest telecom network by number of subscribers, has shifted its focus from counting how much money it is getting from each GB of data sold to how much money it is able to get from each subscriber irrespective of data consumed. Traditionally, companies such as Airtel, Idea Cellular and Vodafone have […]