Jio's spectrum trading pact with Airtel has enabled India's largest telco to top-up its holding in three key circles and yielded potential savings of about $400 million, according to a report
Through this agreement, which is subject to statutory approvals, Airtel will receive a consideration of Rs 1,037.6 crore from Jio for the proposed transfer
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Jio will acquire 3.75 MHz in Andhra Pradesh, 1.25 MHz in Delhi, and 2.5 MHz in Mumbai
Gopal Vittal, MD and CEO of Airtel said that the sale of the 800 MHz blocks has enabled the company to unlock value from spectrum that was unutilised
Jio's aggressive strategy, new JioPhone offers and the impending launch of low-cost smartphones are likely to help
India Ratings believes increasing data usage and rising proportion of higher ARPU data customers in the overall subscriber mix hint that even without tariff hikes, the sector is structurally strong
The ratio of daily active users as a percentage of monthly active users is a marker of customer stickiness
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The telecom department had issued demand notes to the three operators on March 8, and the deadline for making the upfront payment was Thursday
Western UP alone accounted for over 3.7 million of the 3.8 million plus gross subscriber addition in January
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Telecom operator Reliance Jio on Tuesday said it will offer broadband services to the Micro, Small and Medium Businesses (MSMBs) at lower tariffs.
In a market of 1.3 billion with only about a half having access to mobile broadband, the untapped user base still holds much promise
Moody's also expects operators to opt for deferred spectrum payments, thus helping to mitigate the effect on liquidity and cash flows
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The strengthening of spectrum footprints by Bharti Airtel and Reliance Jio in the just-concluded auctions is expected to yield market share gains for the two telcos
Reliance Jio has bagged more than 50 per cent of the total quantum of airwaves sold by paying Rs 57,122.65 crore. Of the 855.6 megahertz of spectrum sold, Jio has got 488 megahertz