News for 'Reliance and Vodafone'

Vodafone withdraw plea against DoT from court

Vodafone withdraw plea against DoT from court

Rediff.com14 Nov 2014

Vodafone had contended in its plea that DoT instead of signing and executing the ULs had at the last moment informed them that their request for deletion of 'restrictive' clauses in licence pertaining to roaming cannot be accepted.

Market concentration of telecom sector leaders rises to 72% in FY23

Market concentration of telecom sector leaders rises to 72% in FY23

Rediff.com20 Jun 2023

Market concentration in the country's telecom sector continues to scale new heights despite government bailouts of public-sector Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), and private-sector Vodafone Idea. The combined revenue (or net sales) share of the country's top two telecom operators - Bharti Airtel and Reliance Jio - in the sector's total reached an all-time high of nearly 72 per cent in FY23 from 70.4 per cent in FY22 and around 60 per cent in FY20. The net sales of Reliance Jio and Bharti Airtel India were Rs 1.67 trillion in FY23, up 18.6 per cent from the Rs 1.4 trillion a year earlier.

Reliance Jio eyes 100 mn homes through its 5G fixed wireless access

Reliance Jio eyes 100 mn homes through its 5G fixed wireless access

Rediff.com30 Aug 2022

Reliance Jio's aggressive target to reach 100 million households through the launch of the 5G fixed wireless access (FWA) could make it one of the world's largest players in this space. But this also marks a change from its earlier strategy of offering fibre-to-the home (FTTH) broadband to households. Despite its best efforts, in two years Jio has been able to connect only 7 million households with FTTH, as permission for right of way for the last mile became a major impediment and the process of laying ducts for the roll-out was slow and cumbersome.

More bad news: Vodafone Idea may get notice for licence fee delay

More bad news: Vodafone Idea may get notice for licence fee delay

Rediff.com20 Aug 2021

The Department of Telecommunications (DoT) is in the process of issuing a show-cause notice to Vodafone Idea (Vi) for delaying the payment of licence fee. Companies pay 8 per cent of their adjusted gross revenue as licence fee. This also includes a universal service obligation levy. The fee is collected from each of the 22 telecom circles in the country on a quarterly basis.

Vodafone, Idea merger likely to get DoT nod soon

Vodafone, Idea merger likely to get DoT nod soon

Rediff.com15 Jun 2018

Idea Cellular will have to furnish an undertaking that it will entertain all the liabilities whenever a final decision is taken by the courts

INX Media ropes in Vodafone, RIL, prior to launch

INX Media ropes in Vodafone, RIL, prior to launch

Rediff.com16 Nov 2007

INX Media, the company set up by Indrani Mukherjea, wife of ex-Star Group CEO Peter Mukherjea, has roped in three top advertisers -- Vodafone, Reliance Industries and Future Group -- for their Hindi entertainment channel 9X. Each of these advertisers are believed to be paying Rs 35-40 crore (Rs 350-400 million) for a three-year contract. The television broadcaster has formed Club INX, which will include corporates keen to advertise on the channel.

Spectrum auctions: Airtel likely to edge past Jio

Spectrum auctions: Airtel likely to edge past Jio

Rediff.com29 May 2024

Bharti Airtel may end up cumulatively bidding for more spectrum than market leader Reliance Jio in the upcoming auctions. This is owing to its need for spectrum renewal, and a requirement for 900 MHz in a few circles, analysts have said. Despite the muted bidding expected in the upcoming auctions, Airtel may end up making more bids than Jio, they added.

Ban other mobile services, switch to Jio: Reliance tells staff

Ban other mobile services, switch to Jio: Reliance tells staff

Rediff.com22 Aug 2016

Reliance Jio test launched its services last December, but dates for commercial launch has not been announced.

Vodafone gears up for Rs 16,500-cr IPO, names bankers

Vodafone gears up for Rs 16,500-cr IPO, names bankers

Rediff.com1 May 2016

The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce

Reliance Jio beats Bharti Airtel, adds 4.3 million users in February

Reliance Jio beats Bharti Airtel, adds 4.3 million users in February

Rediff.com12 May 2021

Total wireless subscribers increased from 1.1 billion, in January to 1.2 billion in February, thereby registering a monthly growth rate of 0.72 per cent.

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.

Why India deal is vital to Vodafone

Why India deal is vital to Vodafone

Rediff.com24 Jan 2007

The British teleco is bidding hard for cellular operator Hutchison Essar. At stake: the world's fastest growing mobile market-and Vodafone's reputation.

'Jio strongest telecom brand in India'

'Jio strongest telecom brand in India'

Rediff.com13 Nov 2022

Billionaire Mukesh Ambani's Reliance Jio is India's strongest telecom brand in India, ahead of Bharti Airtel and Vodafone Idea Ltd, according to brand intelligence and data insights company TRA. TRA, formerly Trust Research Advisory, in its 'India's Most Desired Brands 2022' ranked companies according to their brand strength. Reliance Jio topped the telecom category, followed by Bharti Airtel, Vodafone Idea Ltd and BSNL.

How DoT Plans To Check Rising Spam

How DoT Plans To Check Rising Spam

Rediff.com15 May 2024

Launched in March, it triggers re-verification of suspected fraudulent numbers. Failing re-verification, the number will be disconnected.

Vodafone-Idea merger: New co to get 350 bps margin boost, says Fitch

Vodafone-Idea merger: New co to get 350 bps margin boost, says Fitch

Rediff.com1 Feb 2017

Fierce competition and rising capex will put pressure on most operators in 2017.

Reliance Jio's purchase of 700 MHz likely to give it edge over rivals

Reliance Jio's purchase of 700 MHz likely to give it edge over rivals

Rediff.com10 Aug 2022

Reliance Jio's decision to acquire 700 MHz in combination with the possible use of an advanced standalone (SA) 5G network could give it an edge over its rivals, according to most analysts. The dissenters argue that the stiff price tag touching Rs 40,000 crore to grab 10 MHz of spectrum in 700 to provide coverage for its SA 5G network which offers ultra-low latency (unlike non-standalone or NSA), has a long way to go in India in terms of finding use cases that can be monetised. Globally, 700 MHz is a pivotal band which provides huge coverage, indoor penetration (especially useful in India where walls are thick) and is already considered by the European Union to be the 'pioneer band' for 5G, with 3.5 GHz and 26 GHz, both of which were auctioned in India recently.

How Anil Ambani plans to turnaround Reliance Communications

How Anil Ambani plans to turnaround Reliance Communications

Rediff.com23 May 2013

The company wants to woo post-paid customers and rent out its assets to cut debt.

Reliance, Bharti eye Qatar mobile market

Reliance, Bharti eye Qatar mobile market

Rediff.com4 Jul 2007

Reliance Telecom and Bharti Airtel have entered the second round of qualifying process for a GSM-based mobile license in Qatar that the Gulf country plans to award by October this year.

5G: Samsung Looks Beyond Jio

5G: Samsung Looks Beyond Jio

Rediff.com9 Aug 2022

With Chinese companies Huawei and ZTE excluded from participating in the 5G roll out, their absence leaves a vacuum in the market which will have to be filled by three vendors: Ericsson, Nokia and Samsung.

Vodafone, Airtel win spectrum; Govt gets Rs 61,162 cr

Vodafone, Airtel win spectrum; Govt gets Rs 61,162 cr

Rediff.com13 Feb 2014

Spectrum auction on Thursday entered the 10th day of bidding and started off from Rs 61,091.83 crore (Rs 610.91 billion) in terms of value.

India Inc leans on InvITs to reduce debt, generate returns for investors

India Inc leans on InvITs to reduce debt, generate returns for investors

Rediff.com20 Apr 2023

Reliance Industries, construction major L&T and IRB Infrastructure are some of the top companies that have used an infrastructure investment trust structure to reduce part of their debt and generate returns for their investors. Earlier this month, IRB Infrastructure InvIT was listed on the National Stock Exchange, giving its investors an option to exit by selling their units. The listing came within months of the Securities and Exchange Board of India's (Sebi's) guidelines for conversion of private unlisted InvITs into listed ones were issued.

Reliance Jio may start operations with 'disruptive offers'

Reliance Jio may start operations with 'disruptive offers'

Rediff.com14 May 2015

Jio is targeting to differentiate its services via superior data and an associated ecosystem of content.

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.

Telecom industry wants govt to junk USOF, slash duties

Telecom industry wants govt to junk USOF, slash duties

Rediff.com27 Jan 2024

Telecom services providers have urged the Ministry of Finance to suspend the universal service obligation (USOF) till the existing corpus is exhausted. In their Budget recommendations, they have also pressed for an exemption from the service tax on "assignment of right to use natural resources" and the slashing of Customs duty on telecom equipment to zero. The Cellular Operators Association of India (Coai), which represents private sector telecom operators Reliance Jio, Bharti Airtel, and Vodafone Idea, called for abolishment of USOF levy.

Jio tops 4G chart with 20.9 Mbps download speed in Sep: Trai

Jio tops 4G chart with 20.9 Mbps download speed in Sep: Trai

Rediff.com18 Oct 2021

Reliance Jio maintained the top position in the 4G speed chart with a 20.9 megabit per second (Mbps) average download rate in September, while Vodafone Idea topped in the upload segment with 7.2 Mbps data speed, as per telecom regulator Trai. Reliance Jio's 4G network speed increased by about 15 per cent in September while its competitors Bharti Airtel and Vodafone Idea (VIL) speed jumped by about 85 per cent and 60 per cent month-on-month to 11.9 Mbps and 14.4 Mbps, respectively, according to data published by the Telecom Regulatory Authority of India (Trai).

Jio adds 17.6 lakh users in Oct; Airtel, VIL lose subscribers

Jio adds 17.6 lakh users in Oct; Airtel, VIL lose subscribers

Rediff.com20 Dec 2021

India's largest telecom operator Reliance Jio gained 17.6 lakh mobile subscribers in October 2021 while market rivals Bharti Airtel and Vodafone Idea lost a cumulative 14.5 lakh users during the month, according to the latest data released by TRAI on Monday. Bharti Airtel lost 4.89 lakh mobile users in October, while Vodafone Idea lost 9.64 lakh subscribers during the reported period. Reliance Jio's mobile subscriber base surged to 42.65 crore in October, as the telco added 17.61 lakh mobile users in the month, according to data by the Telecom Regulatory Authority of India (TRAI).

Vi expects 5G rollout in 6-9 months after FPO

Vi expects 5G rollout in 6-9 months after FPO

Rediff.com15 Apr 2024

Ahead of its Rs 18,000 crore further public offer (FPO), Vodafone Idea on Monday said it expects to roll out 5G services in select pockets within 6-9 months of raising fresh capital. Its chief executive Akshaya Moondra said rollout of the modern 5G telecom services is one of the objectives of raising the capital from the public and once the funding comes, it will start work on the rollout. "With this round of funding, we believe we will be able to (come) back to participate in the industry growth which has not been possible," he said.

Vodafone Idea, COAI push for urgent relief measures

Vodafone Idea, COAI push for urgent relief measures

Rediff.com27 Feb 2020

In its letter Voda Idea has warned that it is not in a sound financial state, and added that it would be in a position to meet its liabilities only if the government initiates steps including allowing set-offs for GST credit accumulated so far, and permitting staggered mechanism for payment of balance amount of interest, penalty, and interest on penalty.

Reliance raises stake in Jio to 99%

Reliance raises stake in Jio to 99%

Rediff.com15 Sep 2014

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.

Next spectrum auction likely in February

Next spectrum auction likely in February

Rediff.com7 Dec 2023

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.

Price hike, capex moderation key for further gains in Bharti Airtel stock

Price hike, capex moderation key for further gains in Bharti Airtel stock

Rediff.com18 Jun 2024

From its lows this month, the stock of Bharti Airtel is up 14 per cent. The gains for the telco have come on the back of expectations that market share consolidation, tariff hike and lower capex should boost margins and profits. While the company is a key player in the Indian market, it also has a leadership position in major markets of Africa.

Reliance Jio Infocom gets unified telecom licence

Reliance Jio Infocom gets unified telecom licence

Rediff.com25 Oct 2013

The Unified Licence for all 22 Service Areas across India will make the company the first telecom operator in the country to get pan India Unified Licence, the company said in a statement.

Fixed broadband may trigger next leg of growth for Jio, Airtel: Analysts

Fixed broadband may trigger next leg of growth for Jio, Airtel: Analysts

Rediff.com28 Apr 2023

Shares of telecom services providers - Reliance Industries (parent of Reliance Jio), Bharti Airtel, and Vodafone Idea - have shed up to 23 per cent so far in the current calendar year as growth in the wireless subscriber segment begins to plateau amid higher tariffs and rising costs of smartphones. By comparison, the benchmark S&P BSE Sensex, and sectoral index BSE Telecom have dipped 1.8 per cent, and 12.6 per cent, respectively, ACE Equity data shows. However, analysts expect the trend to reverse soon as telecom services providers focus on the next leg of growth -- fixed broadband (FBB) segment.

Airtel, Vi bat for tariff hike, but Jio is sitting tight

Airtel, Vi bat for tariff hike, but Jio is sitting tight

Rediff.com12 Oct 2020

Vodafone and Bharti have pointed out that, for data, their revenue realisation should be at Rs 30-35 per GB for them to cover their costs as opposed to the current figure of over Rs 11 per GB. But Jio has suggested a gradual increase to Rs 15 per GB and then maybe to Rs 20 per GB after six to nine months.

How Trai Plans To Scuttle Scams

How Trai Plans To Scuttle Scams

Rediff.com15 Jun 2024

Numbers could be classified further into (140) marketing and (160 or 161) for service calls to easily identify the purpose of the call in the future.

Net neutrality: Reliance Jio against the rest

Net neutrality: Reliance Jio against the rest

Rediff.com29 Apr 2015

It has suggested OTTs be subject to the same security requirements that a traditional TSP has to adhere to.

Reliance Jio's net worth at Rs 5,026 cr

Reliance Jio's net worth at Rs 5,026 cr

Rediff.com21 Jan 2014

Reliance Jio Infocomm, expected to start commercial operations in the Indian telecom space in the next few months, had a net worth of Rs 5,026.16 crore, the company said in a statement submitted to the Department of Telecommunications (DoT) on Monday.

RIL denies any intent to bid for UK telecom group BT

RIL denies any intent to bid for UK telecom group BT

Rediff.com29 Nov 2021

Reliance Industries on Monday categorically denied any intent to bid for the UK telecom group, BT. RIL dismissed a report titled `Reliance mulling bid for UK's telco BT Group' as "completely speculative and baseless". "We categorically deny any intent to bid for the UK telecom group, BT, formerly British Telecom, as reported in the article...," Reliance Industries Ltd (RIL) said in a communication to BSE.

Nearly 2 mn mobile connections added in March, highest in nine months

Nearly 2 mn mobile connections added in March, highest in nine months

Rediff.com23 May 2023

The number of mobile phone connections in India rose by 1.96 million in March, after reducing by 1.06 million in February, latest data from the Telecom Regulatory Authority of India (Trai) showed. The number of new connections have hit a 9-month high. In these past 9-months, the total number of wireless (mobile phone) subscriptions had reduced on 5 occasions, the data shows.