DoT may garner Rs 20,000 crore as upfront payment in FY21
Reliance Jio said its acquired spectrum can be utilised for transition to 5G services at the ''appropriate time'', where it has developed its own 5G stack
About one-third of the spectrum being auctioned is in the 700 MHz band, which was completely unsold during the 2016 auctions
Revenue garnered from 4G auction may be much lower than reserve price set at Rs 3.92 trillion
Reliance Jio's new offer may impact Vi's fundraise plans, say analysts
Spectrum will be offered for assignment for a validity period of 20 years
The premium band is considered ideal for internal coverage but went unsold in the 2016 auctions. TRAI in its recommendations in August 2018 reduced the price by 40%
Those at Jefferies believe RJio's primary focus is still on gaining subscribers, which dampens expectations of tariff hikes going ahead
Customers offered handset, two years of unlimited voice calls and 2GB data a month for Rs 1,999
For the existing JioPhone users, 12 months of unlimited service will be provided for Rs 749 per annum, which include unlimited voice calls and unlimited high-speed internet data (2 GB every month).
DoT says 10% of the outstanding on day of SC verdict last year has to be paid by Airtel, Vi
Jio started its services in September 2016. By end of December 2020, it climbed to the top-most position in the circle
Flipkart saw more than 250 mn customers over a 5-day period during its flagship 'Big Billion Day' sale event, and PhonePe reached milestone of 1 billion monthly payment transactions, McKenna said
Telecom subscriber base in the country fell marginally to 1,173 million in December 2020
Airtel is right behind Jio in terms of deposit money, followed by Vodafone Idea (Vi) with the least submission
However, the reservation was more on the high price of 5G spectrum, which hasn't made the cut in the upcoming tender
Vodafone Idea needs to renew 6.2 MHz of spectrum in the 900 MHz band and 38.2 MHz in the 1800 MHz band
Glance, which currently provides a feed of entertainment, news, sports and video game oncent on mobile phone lock screens, has already garnered over 125 million users
For the first time in the past four years, ever since its 4G launch, Jio found itself pushed back into the second spot
The Indian telecom industry's mobile segment is expected to log EBITDA growth of at least 40 per cent in the current fiscal year, higher than 25 per cent in 2019-20