Billionaire Mukesh Ambani-led Reliance Jio today reported widening of its net loss to Rs 22.50 crore in the six months to March, a period when the company virtually had no revenue and ran two back-to-back promotional offers. Net loss stood at Rs 7.46 crore in the same period a year ago, Reliance Jio Infocomm said […]
Reliance Jio, India’s newest telecom operator, is closing in on 50 million paid users, days before its free voice, free-data offer ends. Out of 100 million-plus free subscribers, nearly 50 million have signed up for its ‘Prime’ membership by paying a one-time charge of Rs 99 and buying data packs. A company official said that […]
Reliance Jio and Paytm have apologised for their “inadvertent mistake” in using Prime Minister Narendra Modi’s photograph in their advertisements without permission, the government today informed Parliament. The Ministry of Consumer Affairs had sent notices to both the companies under the Emblems and Names (Prevention of Improper Use) Act of 1950, which bars use of […]
Mumbai, February 21, 2017: Reliance Jio announced today that the Jio family of subscribers is a 100 million strong! Jio’s offering saw record additions of 7 new members per second, every single day for the last 170 days, enabling it to cross the 100 million mark within six months of commencement of services. This is […]
Incumbent telecom operators Bharti Airtel and Idea Cellular today made an attempt to match free 4G service of Reliance Jio by launching two identical schemes offering free calls and limited mobile internet use priced at around Rs 150 and Rs 350 with 28 days validity. To match Jio unlimited calling plan, Airtel and Idea today […]
Disclaimer: We got this brilliant analytical piece about newly launched Reliance Jio scheme (of almost free data) from WhatsApp. We are publishing it because it shows the other side – which is obviously not so good – of the so called revolutionary idea, to promote awareness. In the name of fulfilling PM Modi’s dream for Digital India, […]
After Idea, Bharti Airtel today also agreed to provide additional interconnect points to Reliance Jio, saying these ports will be sufficient to support 15 million customers of the new operator. “Airtel has been providing PoIs to Jio, well ahead of the commencement of its commercial operations. With the latest augmentation, the total number of PoIs […]
16th July 2016: The Indian Telecom Market – Basic Facts There are 100 crores of mobile users in India (1 billion). This means 80% of India is connected to mobile phones (voice calling) However, only 34% of India’s population is connected to the internet. Among those using mobile phones, only 10% use 3G data or […]
Reliance Industries Chairman Mukesh Ambani today announced free voice calling, zero roaming charges and cheaper data tariffs for Jio customers. The company also announced “super-affordable” handsets under the LYF brand starting Rs 2999. Shares of Idea Cellular and Bharti Airtel plunged up to 9 per cent today after RIL Chairman Mukesh Ambani announced free voice […]
Micromax and Panasonic have partnered with telecom services firm Reliance Jio to provide free voice and data services for 90 days to smartphone buyers. Reliance Jio, which is expected to roll out commercial services in the coming months, has similar offers running in partnerships with Samsung and LG. “Under the terms of the Jio Preview […]
Reliance Jio Infocomm is setting up 500,000 activation outlets and close to a million recharge outlets to prepare for the launch of its 4G services in the coming months. Reliance Jio, which will compete with the likes of Bharti Airtel and Vodafone in offering 4G services, expects to play a “significant role” in lifting India […]
Reliance Jio Infocomm Ltd. today raised Rs 2,000 crore through issuance of non-convertible debentures on the BSEs new platform and the proceeds would be utilised for roll out of its digital services business. The issue received bids worth over Rs 3,500 crore. The five-year debentures will bear a coupon of 8.32% per annum. “The proceeds […]