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.
The total outstanding dues against Bharti Airtel is Rs 11,235.50 crore.
Reliance also plans to convert the book into an adult audio mobile book.
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
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.
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.
The government and the ruling Bharatiya Janata Party have dismissed the Pegasus Project reports as concocted and evidence-less.
Ten Indian companies, including Mukesh Ambani-led Reliance Industries and telecom major Bharti Airtel, are among the 500 top global companies for 2009
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.
Telecom major Reliance Communications plans to monetise its real estate assets as it looks to pare debt.
With the Beijing Olympics 2008 starting from Friday, three of the major Indian telecom service providers Reliance Communications, BPL Mobile and Tata Communications are launching services aimed at tapping the communication potential of the event.
'2.0 ends up looking like a downgraded version of a promising idea,' notes Sukanya Verma.
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.
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.
The move will help telcos, including Reliance Jio, Vodafone, and Idea Cellular
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.
'We always believe that if you focus on the goal, you will overcome all obstacles. If you focus on the obstacles, you will never achieve your goal.'
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.
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.
GSM operators in the country added 8.97 million users during April 2009 (excluding Reliance Telecom), after recording the highest mobile subscriber addition of 11.2 million last month.
Spectrum auction ends, brings Rs 1.09 tln to govt kitty.
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?
Jio is planning to win over 350 million 2G feature phone users by launching a smartphone at a fraction of the current cost.
India has around 355 million Internet users, second only to China, says a report
While it was not directly suggested that the COVID-19 pandemic was related to biological warfare, it is significant that the government is exhorting military laboratories to work concertedly on biological defence.
Reliance Infocomm on Friday launched a 'lifetime rental free' plan for its postpaid subscribers, close on the heels of its lifetime incoming free for prepaid.
A year after Bharti Airtel launched 4G services, there are only 6.5 mn users in the country
Bharti Airtel's total revenue for the December 2018 quarter stood at Rs 20,519 crore, just one per cent higher than the Rs 20,319 crore in the corresponding period of the previous year.
Reliance Communications (RCom) has served legal notice to the government on allocation of additional spectrum to existing GSM operators.
Spectrum trading will happen in 9 circles.
Celebrating the first anniversary of the launch of Reliance India Mobile pre-paid cards, Reliance Infocomm has launched a 'Double Talk Time' bonus offer, providing a 100 per cent extra talk time for calls made to RIM phones.
We must seize the opportunity provided by the COVID-19 crisis to kick-start indigenous research efforts, recommends Colonel Anil A Athale (retd).
The company recently received permission to launch GSM services within its existing license and is awaiting allocation of spectrum, the radio frequency that enables wireless communications, from the government. CDMA and GSM services cannot be operated on the same spectrum.
RCom is set to launch a lifetime connection for Rs 199, the lowest from any service provider in the country.
India's largest-ever spectrum auction kicked off on Saturday with major telecom operators placing bids worth Rs 53,531 crore across bands, even as the premium 700 Mhz and 900 Mhz frequencies did not find any buyer.
Regulators will need to allow the model to evolve to allow profits to flow, says Una Gulani.
