Page 23 - Reliance Jio

Jio Platforms' consolidated net profit jumps 23.5% to Rs 3,728 crore

The company had record a profit of Rs 3,019 crore in the corresponding quarter a year ago.

Jio gains 649,000 users in August, Airtel adds 138,000, shows Trai data

Reliance Jio's mobile base stands at 443.8 million, that of Bharti Airtel's is 354.1 million and Voda Idea 271 million

Jio gains 649,000 mobile users in August; Airtel adds 138,000: Trai data

In contrast, Vodafone Idea lost 833,000 subscribers

DoT tells Airtel, Voda Idea, Jio to decide on AGR moratorium in 10 days

Bharti Airtel, Vodafone Idea, and Reliance Jio get 3 months to inform DoT on equity conversion

Govt asks telcos to convey about opting for dues moratorium by Oct 29

It has also given 90 days' time to the operators to indicate if they want to opt for converting the interest amount pertaining to the moratorium period into equity

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

Reliance Jio maintained the top position in the 4G speed chart with a 20.9 megabit per second (Mbps) average download rate in September, as per telecom regulator Trai

New subscribers to help Jio's Q2; tariff hikes to aid Airtel, VIL: Analysts

The urgency around tariff hikes has come down with Vodafone Idea Ltd's (VIL) near-term cash outflow significantly reduced, IIFL Securities said.

Multiple triggers for Reliance Industries' stock, say analysts

At $0.5 billion per MW of acquisition enterprise value (EV), if we were to extrapolate to RIL's solar photovoltaic (PV) manufacturing, it implies $7-10 billion in value creation

Airtel, Vodafone Idea move telecom tribunal against DoT's demand notice

DoT had recently issued demand notices to both the telcos to pay cumulative Rs 3,050 crore in penalties in three weeks' time for violating norms by denying Reliance Jio PoIs way back in 2016

Jio Platforms Haptik claims 300% yoy growth, bullish on Whatsapp e-commerce

Haptik's customer base include Dream 11, Oyo Room, Lenskart, Ola cab, Pepperfy, Upstox, Havells, Ceat, Eureka Forbes etc.

Jio World Drive: Reliance's premium retail destination in Mumbai's BKC area

It will be home to prominent international and Indian brands, 27 culinary outlets, Mumbai's first rooftop Jio Drive-In Theatre, an open-air weekend community market, pet-friendly services, and others

Jio, Bharti may see 5-7% sequential revenue rise in Q2: Jefferies

Telcos Reliance Jio and Bharti may post a 5-7 per cent sequential rise in revenue with a steady margin for the second quarter of FY22, according to Jefferies. Bharti's growth will be led by segmented tariff hikes taken in the second quarter ended September, while Jio's growth will be driven by continued subscriber growth, it further said. Jefferies expects the outlook on tariff hikes for Bharti, further details on JioPhone Next for Jio, and tenancy outlook for Indus Towers to be the key things to watch for in the September quarter. "While the Government's recent moves improve the chances of Vodafone Idea's survival, it is unlikely to arrest the market share shift from Vodafone Idea towards Bharti Airtel and Reliance Jio," Jefferies' note said. This, along with, Bharti's hikes in July should keep revenue growth strong over the near to medium term. "For 2QFY22, we expect Reliance Jio and Bharti to report 5-7 per cent quarter-on-quarter rise in revenue with steady margin," it ...

Vi has fastest 4G speeds, but bleeding subscribers: OpenSignal report

Jio continues to lead in both 4G access and 4G coverage

Jio cashback offer to escalate competition, may delay tariff hike: Analysts

Jio did not issue a statement on its offering. A company source said that Jio continues to introduce promotional offers time to time to provide value to customers

Jio leads active wireless subscriber base, adds 6.1 mn users in July

Reliance Jio led active wireless subscriber additions in July at 6.1 million, while Bharti Airtel's active user adds stood at 2.3 million, according to latest data by TRAI. Riding on the strong gains, Jio has scaled up its active subscriber market share, with its user tally on this count pegged at 346.49 million, analysts said crunching July telecom subscription numbers released by the sector regulator. Motilal Oswal, in its report, said that Reliance Jio had active subscriber additions of 6.1 million (as against 2.4 million additions in June) reaching about 346 million users in July. "RJio gained 40 basis points in active subscriber market share and now shares market leadership position with Bharti," it said. Bharti saw active subscriber additions of 2.3 million to touch 346 million, although its active users adds were slower than last month (2.4 million additions in June). Its active subscriber market share improved by 10 basis points to 35 per cent, the report said. "VIL's ...

Reliance Jio adds 6.5 mn users in July, Vodafone Idea sheds 1.4 mn

Airtel subscribers up 1.9 mn in July

Jio, Airtel add mobile subscribers in July, VIL loses 1.4 mn users: Trai

Wireless user base of Jio swelled to 443.2 mn in July, according to monthly subscriber data released by the Telecom Regulatory Authority of India

Bharti, Reliance Jio tooled up for indigenous 5G network trials

The move is significant because building indigenous network capabilities will go a long way in making India in a key player in the 5G Open RAN network arena

Relief package for telecom sector: Airtel wins big, stock rises over 4%

The stock has gained 43% YTD against 20% jump in RIL and 15% fall in Voda Idea

India's plans to build semiconductor ecosystem: Should we be excited?

India needs to create a semiconductor ecosystem to avoid being crippled by the kind of shortages that have hit industries across the globe. But is the plan sound enough this time? Let's understand