News for 'Reliance Infocomm'

Jio to start beta trial of 5G services in 4 cities from Oct 5

Jio to start beta trial of 5G services in 4 cities from Oct 5

Rediff.com4 Oct 2022

Telecom major Jio will start the beta trial of 5G services in four cities of Delhi, Mumbai, Kolkata and Varanasi from October 5 with a select set of customers, the company said on Tuesday. The company will send invites to customers under 'Jio True 5G Welcome Offer' to try its 5G services and the subscribers will get Unlimited 5G data with up to 1 gigabit per second speed. "Post the successful demonstration of its True-5G services at the India Mobile Congress 2022, Jio is announcing the Beta trial of its True-5G services on the auspicious occasion of Dussehra, for Jio users in four cities - Mumbai, Delhi, Kolkata, and Varanasi," Jio said in the statement.

5G spectrum auction underway; 4 cos in fray for airwaves worth Rs 4.3 lakh cr

5G spectrum auction underway; 4 cos in fray for airwaves worth Rs 4.3 lakh cr

Rediff.com26 Jul 2022

India's first auction of 5G spectrum, that powers ultra-high data speeds, is currently underway with a total of 72 GHz (gigahertz) of radiowaves worth at least Rs 4.3 lakh crore up for bidding. Billionaire Mukesh Ambani's Reliance Jio, Sunil Mittal-led Bharti Airtel, Vodafone Idea and a unit of billionaire Gautam Adani's flagship Adani Enterprises are in the race to bid for 5G spectrum, that offers speeds about 10 times faster than 4G, lag-free connectivity, and can enable billions of connected devices to share data in real-time. In addition to powering ultra-low latency connections, which allow downloading full-length high-quality video or movie to a mobile device in a matter of seconds (even in crowded areas), Fifth Generation or 5G would enable solutions such as e-health, connected vehicles, more-immersive augmented reality and metaverse experiences, life-saving use cases, and advanced mobile cloud gaming among others.

Green signal for 5G trials but Chinese vendors kept out

Green signal for 5G trials but Chinese vendors kept out

Rediff.com5 May 2021

The Department of Telecom on Tuesday approved applications of telecom companies -- Reliance Jio, Bharti Airtel, Vodafone Idea and MTNL -- for conducting 5G trials but none of them will be using technologies of Chinese entities. The list of telecom gear makers approved for trials include Ericsson, Nokia, Samsung, C-DOT and Reliance Jio's indigenously developed technologies.

RIL's 4G launch may not be a big risk to telcos

RIL's 4G launch may not be a big risk to telcos

Rediff.com22 Aug 2014

Also, the combination of a new entrant and new technology is not necessarily good.

Ambani brothers in Rs 12,000-cr telecom tower pact

Ambani brothers in Rs 12,000-cr telecom tower pact

Rediff.com7 Jun 2013

Reliance Jio Infocomm is the only company which had in 2010 won a pan-India spectrum for 4G services but is yet to start commercial services.

Now Jio plans to cover 99% of India's population by Diwali

Now Jio plans to cover 99% of India's population by Diwali

Rediff.com27 Feb 2018

As part of its expansion plans, Jio has announced the roll-out of Internet of Things (IoT) services in association with Samsung, which will help consumers and enterprises.

RIL applies for licence to offer mobile telephony services

RIL applies for licence to offer mobile telephony services

Rediff.com23 Aug 2013

Reliance Industries, which holds pan-India 4G telecom spectrum for data services, has applied for a licence to offer mobile telephony.

RIL's grand plans in telecom: Will it win or lose the battle?

RIL's grand plans in telecom: Will it win or lose the battle?

Rediff.com22 Apr 2014

RIL should wait-and-watch before investing in telecom sector.

RCom spurts 17% after deal with RIL arm

RCom spurts 17% after deal with RIL arm

Rediff.com2 Apr 2013

Under the pact, Mukesh Ambani-led Reliance Industries' telecom arm will hire nationwide optical fibre network of Reliance Communications for rollout of 4G services.

Ambani brothers to extend corporate kinship in telecom

Ambani brothers to extend corporate kinship in telecom

Rediff.com3 May 2013

Mukesh and Anil will announce two more infrastructure-sharing agreements by mid-June.

Jio, 4 other telcos understated AGR by over Rs 14,800 cr

Jio, 4 other telcos understated AGR by over Rs 14,800 cr

Rediff.com20 Dec 2017

The CAG report, tabled in Parliament, states the interest on the short payment stood at Rs 1,052.13 crore for the period up to March 2016.

At a Glance: Jio's stake sale

At a Glance: Jio's stake sale

Rediff.com24 Aug 2020

Jio Platforms is expected to use its 388 million mobile phone subscribers as the cornerstone of an e-commerce and digital services business to rival Amazon and Walmart's Flipkart.

Optic fibre deal win-win for RIL, RCOM: Analysts

Optic fibre deal win-win for RIL, RCOM: Analysts

Rediff.com3 Apr 2013

A number of investment banks in their research reports on Wednesday hailed the deal, saying it was strategic in nature for both cash-rich RIL and debt-laden RCOM.

Google to seek CCI nod for Rs 33,737-cr Jio Platform deal

Google to seek CCI nod for Rs 33,737-cr Jio Platform deal

Rediff.com22 Jul 2020

The partnership will also see the two parties cooperate on technology initiatives, including development of affordable smartphones.

RCom stock extends gain; ends 2% higher

RCom stock extends gain; ends 2% higher

Rediff.com3 Apr 2013

Shares of the Anil Ambani-promoted firm ended 1.90 per cent higher at Rs 64.50 on the BSE. During the day, the stock had jumped 9 per cent to Rs 69.

A test of RIL's core competence

A test of RIL's core competence

Rediff.com28 May 2015

No one is quite sure when the soft launch is likely.

New guidelines pave way for full Internet telephony

New guidelines pave way for full Internet telephony

Rediff.com20 Aug 2013

The DoT has issued long-awaited migration guidelines which pave way for Internet service providers (ISP) like Reliance Jio Infocomm and Tikona, that have BWA spectrum, to offer mobile telephony service by paying an extra fee of Rs 1,658.57 crore (Rs 16.58 billion).

Govt gets Rs 32,300 cr upfront payment from spectrum sale

Govt gets Rs 32,300 cr upfront payment from spectrum sale

Rediff.com12 Apr 2015

Bharti Airtel has paid Rs 11,374.7 cr while upfront amount due from it was Rs 7,832.20 cr

What went wrong with RCom, once India's No 2 telco?

What went wrong with RCom, once India's No 2 telco?

Rediff.com3 Jan 2018

Jio's disruptive strategy, including free voice services and data at throwaway rates, apart from offering all services free for six months, triggered a consolidation in the telecom sector.

Mukesh hits back at GSM players

Mukesh hits back at GSM players

Rediff.com8 Mar 2013

Reliance Jio accuses COAI of malafide intention.

RIL group co can provide phone service for a fee

RIL group co can provide phone service for a fee

Rediff.com18 Feb 2013

The framework for new licences will be ready by end of this financial year.

Anil to float 2 new companies

Anil to float 2 new companies

Rediff.com3 Aug 2005

Anil Ambani on Wednesday announced formation of two new companies, Global Fuel Management Services and Reliance Communication Ventures Ltd, under the Anil Dhirubhai Ambani Enterprises umbrella.

GSM lobby softens stand, not to take legal recourse

GSM lobby softens stand, not to take legal recourse

Rediff.com11 Mar 2013

The Cellular Operators Association of India said it would not take any legal step on the issue, unlike what it had said earlier.

Jio jitters: Telecom stocks tank for 2nd straight day

Jio jitters: Telecom stocks tank for 2nd straight day

Rediff.com2 Sep 2016

Ambani said Jio will offer the world's lowest data tariff

Mukesh Ambani's telecom gamble

Mukesh Ambani's telecom gamble

Rediff.com20 Feb 2013

Will Mukesh Ambani disrupt the telecom market by offering consumers voice calls at rock-bottom tariff?

Big 3 telcos not allowing consumers to port: Jio

Big 3 telcos not allowing consumers to port: Jio

Rediff.com16 Sep 2016

Jio says it has completed mobile number portability testing and is certified MNP-compliant

Facebook buys 9.99 % stake in Jio for Rs 43,574 cr

Facebook buys 9.99 % stake in Jio for Rs 43,574 cr

Rediff.com22 Apr 2020

The latest deal would give Facebook deeper access to India, the second largest internet market after China.

Data tariff war: Idea matches reduction with Airtel

Data tariff war: Idea matches reduction with Airtel

Rediff.com19 Jul 2016

Idea has slashed prices by up to 67% for 3G/4G internet packs for both post- and pre-paid users.

After Facebook, Silver Lake to invest Rs 5,656 cr in Ambani's Jio Platforms

After Facebook, Silver Lake to invest Rs 5,656 cr in Ambani's Jio Platforms

Rediff.com4 May 2020

The deal, as well as some other strategic and financial investments in works, will help Ambani cut debt at RIL.

Sweet revenge for Jio: Airtel, Vodafone, Idea may have to pay Rs 3,050 cr fine

Sweet revenge for Jio: Airtel, Vodafone, Idea may have to pay Rs 3,050 cr fine

Rediff.com21 Oct 2016

Denial of interconnection "appears to be with ulterior motive to stifle competition and is anti consumer", Trai said.

COAI kept out of Trai meeting on Jio's 'request'

COAI kept out of Trai meeting on Jio's 'request'

Rediff.com9 Sep 2016

Jio has accused incumbent telecom operators for not providing the required number of equipment to connect its mobile network with theirs

At Dalal Street: Top gainers and losers of the day

At Dalal Street: Top gainers and losers of the day

Rediff.com12 Jun 2015

Oil, banks eneded the day in green while few in auto sector lost heavily.

On Dhirubhai's birthday, Mukesh joins hand with Anil

On Dhirubhai's birthday, Mukesh joins hand with Anil

Rediff.com28 Dec 2017

Reliance Jio to take over mobile business assets of troubled RCom at an estimated value of Rs 24,000-Rs 25,000 crore.

Bharti Airtel logs Q2 net profit at Rs 1,134 cr

Bharti Airtel logs Q2 net profit at Rs 1,134 cr

Rediff.com2 Nov 2021

India's second-largest telecom firm Bharti Airtel on Tuesday reported a net profit of Rs 1,134 crore for the September 2021 quarter, and said it is witnessing strong business momentum with growth in 4G customers and increase in mobile ARPU. This is against a loss (attributable to owners of the parent) of 763.2 crore during the year-ago quarter, the company said in a statement. Its consolidated revenues for the second quarter of FY21 stood at Rs 28,326.4 crore, up 18.8 per cent year-on-year (on a comparable basis) and 13 per cent y-o-y on a reported basis, it added.

Despite the mega deal, Jio, FB will continue to lock horns

Despite the mega deal, Jio, FB will continue to lock horns

Rediff.com22 Apr 2020

Telecom operators, including Reliance Jio, have been demanding "same service same rules" regime which means that mobile applications providing calls and messaging services should also be made to comply with set of rules that are mandatory for mobile service providers.

JioFiber, Mukesh's latest disruption is here

JioFiber, Mukesh's latest disruption is here

Rediff.com5 Sep 2019

JioFiber, India's first 100 per cent all-fiber broadband service, will start from 100 Mbps and go all the way up to 1 Gbps. This will propel India to top 5 broadband nations globally.

RIL's Jio investment is a credit negative: Moody's

RIL's Jio investment is a credit negative: Moody's

Rediff.com23 Jun 2014

Reliance Industries Ltd is expected to invest Rs 30,000 crore (Rs 300 billion), of the total Rs 70,000 crore (Rs 700 billion) announced, in its telecom arm Reliance Jio Infocomm over the next two years, credit rating firm Moody's said on Monday. The investment in the telecom business is a credit negative for RIL because RJio will not generate any EBITDA (an indicator of cash flows) for at least next 12 months, it said. Moody's added however that RJio will be a formidable competitor in the sector making it a credit negative for top telecom operators already in the field. "Based on RIL's March 2014 annual report, we estimate that it has already invested about Rs 400 billion (Rs 40,000 crore) in Reliance Jio, and we expect RIL to invest the next Rs 300 billion in Reliance Jio over the next two years," Moody's Investors Service said in a statement. RIL recently announced that it will launch commercial 4G telecom service of RJio in 2015 entailing investment of Rs 70,000 crore. RIL has said that RJio will initially cover about 5,000 towns and cities accounting for over 90 per cent of urban India, as well as over 215,000 villages in India and the target is to expand this to over 600,000 villages. Moody's said RJio will be a "formidable competitor in India's telecom sector" as it will enter the business with financial muscle. RJio's entry into highly competitive telecom sector is also credit negative for incumbent mobile operators and market leaders Bharti Airtel and Vodafone India because "it will undoubtedly result in intensified competition that will lead to declines in average revenue per user and margins". But, it also said that strong spectrum holding of incumbents; existing large subscriber-bases and well- established brand equity; offering 2G and 3G services (apart from 4G services being launched) as well as marketing and distribution architecture mitigate much of the near-term competitive threat from Reliance Jio for them. "Furthermore, given issues of language and literacy, large parts of rural India remain a substantially voice-based market where near-term demand for 4G services may be muted," Moody's said.

Ambani brothers plan retail foray

Ambani brothers plan retail foray

Rediff.com6 May 2005

Ahead of Jio launch, telcos cut data prices by up to 67%

Ahead of Jio launch, telcos cut data prices by up to 67%

Rediff.com18 Jul 2016

Reliance Jio Infocomm has announced that it would launch commercial 4G services in 6 to 8 weeks.

Now, Paytm feels the Jio burn

Now, Paytm feels the Jio burn

Rediff.com3 Mar 2017

Ending Paytm's monopoly as the only wallet payment option on Uber, the ride-hailing service has decided to allow payments through Jio Money. Alnoor Peermohamed reports.