CDMA mobile operator Reliance Communication on Wednesday reduced international calling rates upto 66 per cent for consumers using global calling cards of different denominations.
Users can use the 'Search' option for searching videos across various categories and download it to their GSM mobile phones, while the 'Upload' option makes uploading videos from mobile phones easier.
The deal follows Facebook picking up a 9.99 per cent stake in the firm that houses India's youngest but largest telecom firm on April 22 for Rs 43,574 crore. Within days of that deal, Silver Lake -- the world's largest tech investor -- bought a 1.15 per cent stake in Jio Platforms for Rs 5,665.75 crore. On May 8, US-based Vista Equity Partners bought 2.32 per cent stake in Jio Platforms for Rs 11,367 crore.
Mobile call rates are declining in face of fierce competition. In this price war, PCOs are likely to be the first casualty.
Reliance reported record pre-tax profit from its retail and telecom businesses. The two now account for nearly 32 per cent of EBITDA, up from close to 25 per cent previously.
In March 2021, Ola Electric founder Bhavish Aggarwal was seen surveying an empty 500-acre land surrounded by shoe factories, temples, bakery shops, coconut trees and dusty roads in Pochampalli town of Krishnagiri district, Tamil Nadu. Many excavators and workers were busy at the construction site to build the Ola Futurefactory for electric vehicles.
"We are delighted to welcome Google as a strategic investor in Jio Platforms. We have signed a binding partnership and an investment agreement under which Google will invest Rs 33,737 crores for a 7.7 per cent stake in Jio Platforms," Mukesh Ambani said at the company's annual general meeting.
Walt Disney finds another platform for its cartoons -- your mobile.
Reliance Infocomm on Monday launched its 'Full Money Back Offer' under which a subscriber will get the handset free of cost with a new connection.
Based on radio frequency identification technology, the phone will work like a credit or debit card.
Loop Mobile has debt of Rs 400 crore (Rs 4 billion), which is likely to be included in final deal size.
Calls to Reliance fixed phones and all other mobile phones will cost 40 paise as per the new scheme.
Market share of Airtel, Vodafone & Idea rises to 70% from 60% in 2010 and 50% in 2008.
Addressing an event in New Delhi, Gen Pande also said the recent global developments have underscored that the security of the nation can neither be outsourced nor be dependent on the largesse of others.
Reliance Big Entertainment (RBE), the flagship media and entertainment arm of the Reliance Anil Dhirubhai Ambani Group, has announced a joint venture with Tom Hanks and Gary Goetzman's Playtone.
Reliance Indiamobile has launched Telson TWC 1150, a wristwatch designer phone with plug-in camera from Telson Electronics, for the first time in India
While the market for satellite broadband currently is small, the potential is large as an estimated 30 per cent of the country does not have reliable terrestrial broadband services.
Gross refining margins may decline sequentially but improving petro-chem margins will boost earnings
Reliance Infocomm said on Tuesday that it will expand its CDMA mobile services to 3600 more towns within four months and expects its subscriber base to touch one crore (10 million) by early next year.
Reliance Jio had proposed that besides satellite connectivity, In-Flight Connectivity can be provided using cellular network as well.
The company has also entered into alliances with laptop manufacturers to bundle Reliance NetConnect Data Cards, its President (Personal Business) S P Shukla told a press conference in Bangalore.
NXP (Next eXPerience) Semiconductors, the new semiconductor company founded by Philips, is partnering with mobile communication service provider Reliance Communications to bring out low cost handsets in India
Reliance Infocomm said on Tuesday that it will expand its CDMA mobile services to 3,600 more towns within four months and expects its subscriber base to touch 10 million by early next year.
The plan, first initiative by the company to roll out its 3G services, will allow customers access to social networking sites, instant messaging applications, chat services and email accounts like yahoo, gmail and hotmail.
Telecom major Bharti Airtel led the growth in segment with net addition of 1.31 million subscribers.
Bangalore-based Healthcare Magic, a first-of-its-kind, real-time, medical consultation portal, will soon tie up with Reliance Communications, the country's second-largest mobile service provider, to launch a Doc On Call service by December this year. Any call made to Healthcare Magic will be attended by a doctor on duty at the the company's Bangalore office.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
The unit of Reliance Communications may raise debt, equity
Reliance will launch Jio, pan-India 4G service, for its employees on December 27, marking Dhirubhai Ambani's birth anniversary.
According to documents accessed by Business Standard, RIL increased its direct stake in Jio to 98.9 per cent as on March this year by pumping more capital into the company.
Reliance Infocomm Ltd, which is building a $5 nationwide fibre-optic network, will on Friday launch its limited radius mobility service which analysts say will intensify a tariff war and expand the market.
Trai on Monday recommended imposing penalty on India's largest private sector basic telephony service provider, Reliance Infocomm, for offering mobility services almost similar to cellular phones, to its wireless phone subscribers.
The next spectrum auction will be held in late February 2024 and the reserve price for most bands will remain the same as the 2022 auction, department of telecommunications (DoT) officials have said. The government expects operators to go for low bands beginning in 600 megahertz (MHz), licences for many of which are lapsing soon. Back in September 2021, the government had decided that spectrum auctions should be held annually.
