India launches 5G Services
NEW DELHI: Ushering in a new technological era, the Prime Minister, Narendra Modi launched 5G services in Pragati Maidan, New Delhi today. The Prime Minister also inaugurated the sixth edition of the India Mobile Congress and also witnessed the IMC Exhibition that was put on the occasion. Industry leaders expressed their views on this historic […]
Reliacne Jio gets ready to roll-out world’s most advanced 5G network across India
NEW DELHI: India’s largest digital services provider, today acquired spectrum in the 700MHz, 800MHz, 1800MHz, 3300MHz and 26GHz bands in the auctions conducted by the Department of Telecommunications, Government of India. The acquisition of the right to use this spectrum will enable Jio to build the World’s most advanced 5G network and further strengthen India’s […]
Jio pays Rs 30,791 crore to clear bulk of spectrum dues
NEW DELHI: Mukesh Ambani-led Reliance Jio Infocomm Ltd (RJIL), has announced that it has paid Rs.30,791 crore (including accrued interest) to the Department of Telecom (DoT) towards prepayment of the entire deferred liabilities pertaining to spectrum acquired in auctions of year 2014, 2015, 2016 and the spectrum acquired in year 2021 through trading of right […]
Jio concludes spectrum trading agreement with Bharti Airtel
NEW DELHI: Reliance Jio Infocomm Ltd (RJIL) announced today that it has concluded the definitive Agreement entered with Bharti Airtel Limited for acquisition of right to use spectrum in the 800MHz band in Andhra Pradesh (2 x 3.75 MHz), Delhi (2 x 1.25 MHz) and Mumbai (2 x 2.5 MHz) circles through spectrum trading, which […]
Jio Platforms fourth quarter net profit zooms 47.5% to Rs 3,508 crore
NEW DELHI: Jio Platforms on Friday posted a net profit of Rs 3,508 crore for the fourth quarter ended March 2021, a 47.5 per cent jump over the year-ago period, according to a company statement. Its revenue from operations came in at Rs 18,278 crore, a growth of about 19 per cent compared to the […]
Jio, Airtel, Vodafone Idea apply for participating in spectrum auction
NEW DELHI: Telecom operators Bharti Airtel, Reliance Jio and Vodafone Idea on Tuesday submitted applications to participate in the Rs 3.92 lakh crore spectrum auction scheduled to start from March 1, according to official sources. This round of auction will be held for 2,251.25 Megahertz (MHz) in seven frequency bands — 700 Mhz, 800 […]
Reliance Jio net profit rises 15.5% to Rs 3,489 crore in December quarter
NEW DELHI: Reliance Jio posted 15.5 per cent growth in net profit to Rs 3,489 crore in December-end quarter on a sequential basis. While the company saw 5.3 per cent quarter-on-quarter growth in revenue, net customer additions remained subdued for second consecutive quarter partly impacted by farmer agitations in Punjab. In the third quarter, Jio […]
Jio says Airtel, Vodafone Idea partners sabotaging network;Airtels says Jio’s allegations ‘baseless’,
NEW DELHI: Reliance Jio Infocomm Ltd (RJIL) has said that there are “blatant efforts” to sabotage its network in the garb of farmers’ protest by the channel partners of Bharti Airtel and Vodafone Idea. In letters sent to Anshu Prakash, Secretary, Department of Telecommunications (DoT) and P.D. Vaghela, Chairman, Telecom Regulatory Authority of India (TRAI, […]
Mukesh Ambani calls for policy steps for early roll out of 5G
NEW DELHI: Reliance Industries (RIL) Chairman Mukesh Ambani on Tuesday said there was a requirement of policy measures for the early roll out of the fifth generation (5G) connectivity technology. Addressing the inaugural session of India Mobile Congress (IMC), Ambani said Reliance Jio will pioneer India’s ‘5G Revolution’ in the second half of 2021. He […]
A 20% price hike estimated to increase Airtel,Jio, and Idea’s ARPU :Motilal Oswal Financial Services
NEW DELHI: According to a telecom sector report from Motilal Oswal Financial Services, discussion with with industry experts indicate that a price hike could be around the corner and may be anticipated soon as economic activity has restarted post the COVID-led lockdown and demand for data consumption is growing unabated. The timing of a price […]
Reliance Jio’s Q2 net profit logs near 3-fold jump
NEW DELHI: Telecom major Reliance Jio Infocomm on Friday reported a near three-fold rise in its standalone net profit for the July-September quarter at Rs 2,844 crore. During the same period of last year, the company had reported a consolidated net profit of Rs 990 crore. Jio’s revenue from operations during the period under review […]
Jio, Qualcomm begin 5G trials and achieve over 1 Gbps speed
NEW DELHI: Qualcomm Technologies, Inc. and Jio Platforms Limited (Jio) along with its wholly owned subsidiary Radisys Corporation today announced their expanded efforts to develop open and interoperable interface compliant architecture based 5G solutions with a virtualized RAN. This work is intended to fast track the development and roll out of indigenous 5G network infrastructure […]
Jio joins hands with AeroMobile
NEW DELHI :Jio and Panasonic Avionics Corporation subsidiary, AeroMobile, have partnered to launch India’s first in-flight services for JioPostpaid Plus users. Jio’s in-flight service will allow every Indian traveller travelling abroad, to stay connected with voice and data services on a flight, at affordable rates. Currently, the in-flight services will be available to Indians when […]
Silver Lake in talks to invest $1 billion in Reliance Retail
NEW DELHI: The investment, which would value Reliance Retail at about US$ 57 billion, comes as the company is aiming to sell about 10 percent in new shares, the Financial Times reported. Silver Lake is already an investor in Reliance Jio and aggregate investment by Silver Lake is Rs 10,202.55 crore for 2.08 percent equity […]
Supreme Court gives telcos 10 years to clear AGR dues, bars any reassessment
NEW DELHI: The Supreme Court on Tuesday granted 10 years to telecom operators to clear their AGR dues, while barring them from raising any dispute or seeking reassessment of the demand raised by the Department of Telecom in respect of the dues, based on its judgment. A bench comprising Justices Arun Mishra, S. Abdul Nazeer […]
JioFiber announces 30-day free trial, with truly unlimited plans
NEW DELHI: Mukesh Ambani-led Reliance Jio on Monday announced new plans for JioFiber broadband starting at monthly price of Rs 399 with no limit on data usage. As per the new plans, entertainment app Netflix is added to the bouquet of bundled apps for customers subscribing mid-range plans. THE NEW JIOFIBER PLANS COME WITH: Truly […]