Jio recorded more than double the download speed of its closest competitor Vodafone
Crises are too precious to be wasted, as they present an opportunity for new growth, RIL chief Mukesh Ambani tells Facebook CEO Mark Zuckerberg. Read full transcript of the discussion
A conversation with Facebook CEO Mark Zuckerberg at the first ever Facebook Fuel event in India, Ambani called the partnership great for India, Indians and small Indian businesses
While Vodafone Idea did not immediately react to charges, Airtel called complaint baseless and asked govt to dismiss it
The companies had raised Rs 20,300 crore through IPO route in 2019
Bharti Airtel is not following Vodafone Idea's recent postpaid tariff hikes, the report said
Ambani's target is by no means impossible. The time taken for rolling out networks has been concertinaed since 4G
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5G technology can effectively empower millions of Indians once the price becomes affordable
Jio will pioneer the 5G revolution in India in the second half of 2021, he said.
Mukesh Ambani asserted that Reliance Jio's 5G network will be powered by indigenous-developed network, hardware and technology components
"I assure you that Jio will pioneer the 5G Revolution in India in the second half of 2021. It will be powered by indigenous-developed network, hardware and technology components," Ambani said
Jio has 35.1 per cent market share, followed by Airtel (28.4 per cent), and Vodafone Idea (25.7 per cent).
The next positive catalyst may be a sharp refining margin recovery, which is more of a H2CY21 story, says JP Morgan
Qualcomm and Reliance Jio had said they have aligned efforts on 5G, in order to fast-track development and rollout of indigenous network infrastructure and services in India
National security has to be of paramount importance
Ratcheting up competition, Ambani's portals are offering blockbuster discounts of as much as 50% on sugary confections and other holiday staples like spice mixes for India's rice delicacy, biryani
Executives of Jio Platforms and Reliance Jio Infocomm were asked if there is any data-sharing mechanism between the company and its investors Facebook and Google
It's the first time since 4G launch by Reliance; churn at all-time low of 1.7%
Base up by 13.9 mn to 293 mn sequentially; firm may have gained from erosion in Vodafone's subscriber numbers as it saw good growth in both 4G additions and post paid users