The overall telecom subscriber base increased marginally to 116.4 crore in July from 116 crore in June
Operator seeks to expand FTTH service to 40 million homes across 1,000 cities
Reliance Jio has waived security fee deposit for postpaid customers who switch to its network from rival mobile service providers, a company official said on Friday.
While it took 25 years for the Indian telecom industry to build its 2G network, Jio built its 4G network in only three years.
With eight deals in four weeks, analysts were expecting the valuation of the firm to touch at least Rs 4.5 trillion
Few days ago, Jio unleashed a price war in the post-paid mobile space, an area where it has less than one per cent share of the market
Reliance has raised more than $20 billion by selling stakes in Jio Platforms. Global investors including Facebook and Google bought a combined 33% in that venture this year
Another Rs 25,000 cr to be raised by way of debt
Led by Jio, telecom accounted for $10.2 billion of the investments during the first 9 months of 2020
Reliance Industries' subsidiary Jio Platforms has received subscription amount of Rs 2,624.5 crore from Intel Capital and Qualcomm Ventures, according to a regulatory filing
The company, in a letter to the Department of Telecommunications, said there was an an urgent need for immediate auction of all the available spectrum in all bands.
Reliance Jio has questioned the telecom department's rationale to pause the policy of spectrum auction every year and demanded that the sale of airwaves should be held at the earliest
Spectrum in E&V bands can be utilised for both high-capacity access spectrum for voice and data services as well as backhaul link spectrum.
Reliance Jio recently-announced post-paid plans indicate the telco's continued steps towards improving the industry-level average revenue per user, according to India Ratings and Research
India Ratings said Jio's plans do not threaten the postpaid customer base of Bharti Airtel and Vodafone Idea due to sticky nature of customers and similar content offerings
PUBG, a popular online multiplayer battle game, was among 118 Chinese-origin mobile applications banned by New Delhi earlier this month
Jio's partner airlines include Virgin Atlantic, Swiss, Emirates, Etihad Airways, Euro Wings, Lufthansa, Malindo Air, Biman Bangladesh Airlines and Alitalia, according to the statement
Reliance Jio's new plan offers customers Netflix on a mobile device, one-year subscription to two over-the-top applications and access to Jio's movie and songs. library.
Vodafone Idea has lost more than 30% of user base since 2018 merger
Monthly decline rates of urban and rural mobile subscription were 0.18 per cent and 0.40 per cent, respectively, data showed