Reliance Jio and State Bank of India today announced further deepening of their financial relationship, including deeper penetration of SBI services into Jio’s customer care app MyJio. “MyJio, one of India’s largest over-the-top (OTT) mobile applications will now bring in financial services…
Bharti Airtel said it expects prices in India’s telecom sector to start climbing again in around six months or so, and indicated it has no stomach for further price competition with newcomer Reliance Jio. The comments by company officials come a few…
Reliance Jio, the telecom arm of Reliance Industries, continued to post strong numbers. For the Apr-Jun quarter, Reliance Industries reported a 15% sequential jump in both revenue and EBIT (earnings before interest and tax) for its digital services division, which houses Jio…
Three months after Tata Consultancy Services became the first Indian company to achieve a market capitalization of $100 bln (Rs 6.85 lakh cr), Reliance Industries is close to the $100 bln mark as well. At present, there are only around 100 companies…
Market tracker CyberMedia Research has called Reliance Jio’s 4G and GigaFiber broadband subscriber targets unrealistic, and said it did not see the company meeting the year-end target of 300 mln for its 4G service or the 50 mln target for its fiber…
India’s cable company stocks have fallen by about 15%-25% since Reliance Jio, India’s largest telecom company by volumes, yesterday announced the commencement of its long-awaited fiber broadband and TV service from August 15. It is feared that the company’s entry can lead…
Reliance Jio’s newly unveiled qwerty handset Jiophone 2, priced at Rs 2,999, has caused much excitement due to two reasons. First, it’s probably the only phone in India to come with both 4G support as well as a QWERTY keypad in the…
Reliance Industries chairman Mukesh Ambani today announced that Jio will start giving out connections of its much-awaited broadband service, Jio GigaFiber, starting on August 15. Surprisingly, Ambani said the service will be available in 1,100 cities of India from Day 1, and…
Reliance Jio Infocomm, the telecom subsidiary of Reliance Industries, said it will take a loan of $1 bln from Korea Trade Insurance Corporation to purchase goods from Korean companies Samsung and Ace Technologies. “The Facility is K-SURE’s largest deal in India as…
Kerala has emerged as the state with the highest smartphone penetration in the country, according to data released by CyberMedia Research, a market intelligence firm tracking the technology sector. CMR’s data also reveales that on a pan-India level, about 47% of the…
Bharat Sanchar Nigam Ltd could end up launching 5G services as early as the first half of 2019, going by comments made by a senior official at an industry forum today. Speaking at the Mobile Device Summit 2018 organized by ‘The Mobile Association’, Anil…
Bharti Airtel has announced a massive expansion program for its Mumbai 4G network that could increase the data carrying capacity by several times in one year. The expansion comprises four areas — increasing the number of cell sites by about 30%, increasing…
Spectra, formerly known as Spectranet, said it is now offering what is arguably India’s cheapest high-speed broadband service, even as rumors of an impending launch of Reliance Jio’s JioFiber start gaining momentum. Under the plan, Spectra said customers will get a download…
Reliance Jio Infocomm Ltd said it has tied up with Israel-based Screenz to offer interactivity and ‘play along’ features for television programs in India. With the help of the offering, television channels can keep their viewers engaged on a realtime basis using…
Reliance Jio has unveiled a new, low cost postpaid or contract plan under which it offers 25 GB of data with no daily limits and unlimited voice and data for Rs 199 per month. The plan is priced at about half that…
Reliance Jio has updated its website, jio.com, with a single, prepaid fiber broadband plan. “Currently our JioFiber services are Prepaid. We plan to launch the JioFiber Post-paid in due course of time,” the company said on its website. Under the single, prepaid…
Jiophone sales are rising fast and could start affecting the growth rates of rival telecom companies once the churn effect of fleeing Aircel subscribers gets over, analysts from financial services firm Credit Suisse said. Analysts Sunil Tirumala and Viral Shah said trends…
With the launch of Reliance Jio’s home broadband services drawing nearer, competitor Bharti Airtel has introduced new fiber-based broadband plans with speeds of up to 300 Mbps. The FTIH (Fiber-To-the-Home) based plan comes at a monthly rental of Rs. 2199 and offers…
Anil Ambani Group’s Reliance Communications cleared a major hurdle for the sale of its assets to Reliance Jio with the Supreme Court lifting the stay imposed by the Bombay High Court on the transaction. However, there was no immediate relief for the…
Contrary to rumors, Reliance Jio is not giving an automatic extension in Jio prime membership to all its users, but existing members have to ‘express their interest’ through the company’s selfcare application. “Express your interest to get complimentary membership for the next…
