Reliance Communication has launched 'Classic 732' at a price of Rs 999, the lowest in Indian market. Earlier in May, the company had launched the Classic monochrome phones at a price of Rs 777.
The national budget 2019-20 had an outlay of Rs 10,000 crore for Phase-II of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles scheme to boost electric mobility and increase the number of EVs in commercial fleets.
Initially, RCom users will be able to create their own caller tunes and ringtones by uploading the content through RCom's web interface.
Joining the price war with Reliance and AirTel in the pre-paid segment, Hutch on Thursday introduced lowest local call rates of 99 paise to any other mobile but slapped a fixed charge of Rs 25 per month.
India's third largest network service provider, Reliance Communications (RCom), is close to signing an agreement with US-based GetJar to launch its own application store (app store, software modules to run specific tasks on own mobiles), sources said.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
American Tower bulks up in India with $1.2 billion Viom stake buy
Arun Shourie had legitimised Reliance Communications' CDMA-mobile phone offerings on its fixed line licence in 2002 and Telecom Minister A Raja decided to treat its CDMA-licence as a GSM-mobile one to award it GSM spectrum. With such things falling in place for RCom, the firm asked the ministry to allow it to use the 880-890 MHz band. Such incidents indicate that favourable spectrum allotment for RCom & its smooth sailing in the current spectrum issue is not mere coincidence.
On Monday, Reliance launched classic colour handsets at just Rs 1,234.
Bharti Airtel on Thursday submitted its bid for 3G spectrum, auction for which starts from April 9.
Reliance Infocomm Ltd has deployed its first wireless Point of Sale terminal in Mumbai for processing credit card transactions.\n\n\n\n
Pricing is a vital part of strategy to take high speed broadband to 265 million homes
The government and the ruling Bharatiya Janata Party have dismissed the Pegasus Project reports as concocted and evidence-less.
Mukesh's television unit has been aggressively wrapping up deals with hundreds of small players in a street-by-street effort to conquer that final hurdle in its cable TV drive
Anil Ambani's Reliance Communications, which offers GSM and CDMA mobile services, said it added 1.62 million new mobile users in March.A company official said the net additions from January to March this year stood at 4.83 million. RCom, the country's largest CDMA operator, added 1.6 million mobile users each for the first two months.
The group began to outperform the broader market only with the onset of the pandemic in March 2020 while earlier it was largely keeping pace with the Sensex. The group's market cap is up 164.4 per cent since the end of March 2020 against a 105 per cent rally in the Sensex.
Every service provider, say analysts, now needs to make a much larger investment, and therefore needs a much larger share of the market to be profitable.
The firm earned $11.6 on turning every barrel of crude oil into fuel in the quarter.
Vodafone-Idea (Vi) has said the key hurdle it faces in raising fresh funding, despite interest from investors, is the 'pricing situation' which is also the reason why it has asked the Department of Telecommunica-tions (DoT) for another extension of the moratorium on payment of spectrum instalment by one more year. Responding to a question during an analysts' call on Friday after its quarterly results on the reason for the delay in fund-raising nine months after it was announced, CEO & MD Ravinder Takkar said: "We are in discussions with investors. There is continued interest in investing in the telecom sector in the country. "The biggest hurdle is that the overall industry is under stress because of the pricing situation." He said that once tariffs go up, it will create a significant amount of confidence.
Confirming the development, Chairman Venugopal Dhoot said, "We will use the CDMA technology for mobile services in the country."
Reacting to the statement Jio said that the admission by Ookla reinforces Jio's submission that there is a clear contamination in primary data collected by Ookla in India, where nearly 90 per cent of smartphones are dual SIM devices
The total outstanding dues against Bharti Airtel is Rs 11,235.50 crore.
The Reliance Anil Dhirubhai Ambani group is setting up TowerX, a tower tenancy exchange platform, through which mobile operators
Reliance Communications (formerly Reliance Infocomm) Chairman Anil Ambani was on Friday summoned by a city consumer forum to personally appear before it on August 30 in connection with a complaint.
India Inc's quarterly net profit reached a record high of Rs 1.64 trillion in the third quarter ended December 31, 2020, mainly due to gains from higher commodity prices and a big swing in banks' earnings. The combined net profit of 3,323 listed companies that have declared results so far was up 68.6 per cent year-on-year (YoY). In comparison, earnings were up six times (534 per cent) in the second quarter and 6.5 per cent in the corresponding period last year.
According to a Deutsche Bank report, the Idea-Vodafone combine will have to pay a 30 per cent lower annual installment on spectrum due to the longer duration of the payment tenure.
Reliance also plans to convert the book into an adult audio mobile book.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
A bench headed by Justice H S Kapadia, while dismissing Tata Teleservices and Reliance Communication's petitions, has upheld telecom tribunal TDSAT's order of September 2005 that held these services are not fixed lines telephones, but limited mobile. The Supreme Court had earlier reserved its judgement on a petition filed by Tata Teleservices challenging the telecom tribunal's order which classified the company's fixed wireless phone service 'Walky' as limited mobile.
'2.0 ends up looking like a downgraded version of a promising idea,' notes Sukanya Verma.
Reliance Infocomm has launched Reliance India card that facilitates calls from its mobile or fixed wireless phone to any of its phone anywhere across the country at Re 1 minute and all other calls, including national long distance, at Rs 2 a minute.
Most of the markets it is now looking at in hopes of gaining the next billion internet users have demographics similar to that of India.
Ten Indian companies, including Mukesh Ambani-led Reliance Industries and telecom major Bharti Airtel, are among the 500 top global companies for 2009
Telecom major Reliance Communications plans to monetise its real estate assets as it looks to pare debt.
The move will help telcos, including Reliance Jio, Vodafone, and Idea Cellular
