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17Jan By Press Trust of IndiaNo Comments

BUSINESS

Reliance Jio Net Profit Surges 62.5%

India's leading telecom operator Reliance Jio posted a 62.5 percent jump in its standalone net profit at Rs 1,350 crore for the October-December quarter of FY 2019-20. The telecom arm of Reliance Industries, Jio had posted a net profit of Rs 831 crore in the corresponding quarter a year ago. The company recorded an increase of 28.3 per cent in its operating revenue at Rs 13,968 crore as compared to Rs 10,884 crore in the year-ago period. "Jio has continued on its unprecedented growth journey receiving overwhelming customer response for best in class mobile connectivity services. Jio is also determined to redefine the wireline infrastructure, home entertainment and enterprise market in India with its FTTx services which bundle best-in-class connectivity with bouquet of digital con...

Huawei Exec Arrested in Canada, Can Extradite to US

12Jan By Press Trust of IndiaNo Comments

USA

Huawei Exec Arrested in Canada, Can Extradite to US

Montreal, Jan 12, 2020: Canada Department of Justice said a Huawei executive arrested in Vancouver could be extradited to the United States, because her offense is a crime in both countries, according to documents released Friday. Huawei chief financial officer Meng Wanzhou, who was originally detained on a US warrant in late 2018, faces an extradition hearing in Vancouver that begins on January 20. The United States accuses Meng of lying to banks about violating Iran sanctions. However Meng''s lawyers maintain that she cannot be turned over to the United States, because in order for that to happen, her offense would have to meet a "double criminality" standard -- meaning it is a crime in both countries. Violating US sanctions against Iran, they say, is not a crime in Canada. ...

CTO of Bharti Airtel And Reliance Jio Quit

23Jul By AnkitaNo Comments

News

CTO of Bharti Airtel And Reliance Jio Quit

Chief expertise officers of telecom operators Reliance Jio and Bharti Airtel have resigned from their respective firms. Reliance Jio Infocomm Limited is the most well-known Indian mobile network operator, owned by Reliance Industries and headquartered in Mumbai, Maharashtra. It operates a national LTE network with coverage across 22 telecom circles. It does not offer 2G or 3G service and instead utilizes voice over LTE to provide voice service on its network. Recently, the Chief Technology Officer of the Reliance jio group, Jagbir Singh, had joined the company before the soft launch of 4G services. Antecedent to this assignment, Jagbir Singh was working with the one of the familiar company known as Samsung. Previously he had also worked with Airtel for a period of ten years. Acco...

Reliance Jio Turns Profitable in Less Than 18 Months

20Jan By NitishNo Comments

News

Reliance Jio Turns Profitable in Less Than 18 Months

Bengaluru: Reliance Industries Ltd, India’s largest listed company by market value, said on Friday that its $30 billion telecom start-up Reliance Jio Infocomm Ltd has turned profitable less than a year and a half since its launch. Reliance Jio swung to a profit of Rs504 crore ($78.97 million) in the third quarter from a loss of Rs271 crore in the second quarter. 6/n Q3 FY2017-18 Positive net profit from digital services segment #Jio of Rs 504 crore #RILresults — Flame of Truth (@flameoftruth) January 19, 2018 13/n Q3 FY2017-18 #Jio standalone revenue from operations at Rs 6,879 crore, up 11.9% q-o-q #RILresults — Flame of Truth (@flameoftruth) January 19, 2018 Reliance Jio, launched late in 2016, sparked a price war in India’s cut-throat telecoms sector, driving down margins...

Airtel Looking to Launch 2500 Rs 4G Smartphone

11Sep By Press Trust of IndiaNo Comments

News

Airtel Looking to Launch 2500 Rs 4G Smartphone

Indias largest telecom operator Bharti Airtel in talks with multiple handset makers to bring a 4G smartphone for a price as low as Rs 2,500-2,700 to take on Reliance Jio. While Mukesh Ambani-led Jio has announced plans to offer Internet-enabled feature phone for a refundable deposit of Rs 1,500, Airtel is placing its bet on a full-fledged smartphone as it believes people would be ready to shell out a little more to get a loaded handset. A source familiar with the development said the new 4G smartphone that will debut around Diwali - will come bundled with Airtels 4G connection and "attractive" data and voice plan to woo mass market customers. The planned dual SIM 4G smartphone will sport a four inch display, dual camera, VoLTE calling and a longer battery life. The Android hand...

Reliance Jio Files 54 Global Patents in FY17

29Jun By Press Trust of IndiaNo Comments

BUSINESS

Reliance Jio Files 54 Global Patents in FY17

New Delhi- Mukesh Ambani-owned Reliance Jio, known for its aggressive data and voice offerings, filed a total 54 global patents during 2016-17. RIL, in its latest annual report, said its telecom venture has been a catalyst in Indias digital ecosystem and that data consumption on Jio network is "higher than the total mobile data consumption in the US, and twice that in China". "Jio envisages to usher in the era of visuality where video will replace voice as the new communication medium...Jio has so far filed 54 global patents," said RILs annual report for 2016-17. Exuding confidence that Jio network is "future ready" and can be upgraded as technologies advance to 5G, 6G and beyond, the report said that the company is working towards expanding its reach to over 95 per cent of popula...

15Jun By AdityaNo Comments

INDIA

India to Have 1.4 Billion Mobile Subscribers by 2022

The overall mobile subscriber base in the country is likely to grow to 1.4 billion by 2022 and nearly one-third of them will be 4G users, says a report by Ericsson Mobility. India led the mobile subscribers growth globally with highest net addition of over 43 million customers in January- March 2017, it said. China followed India with net addition of over 24 million mobile subscribers during the three-month period. Indias total mobile subscriber base is expected to grow to over 1.4 billion in the next five years of which 520 million will be 4G subscribers, the report said. The 5G service is expected to be operational in India by 2022 with subscriber base of around 3 million, it added. "Based on trend of deployment of LTE by telecom operators in India, we feel 3G will be domina...

Reliance Jio Claim To Have 50 Million Paid Subscribers

30Mar By PriyankaNo Comments

News

Reliance Jio Claim To Have 50 Million Paid Subscribers

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 Jio has already achieved more than 50 per cent of the target set for Jio Prime membership. Jio's promotional Happy New Year plan that offered free voice and data ends on March 31. The company has offered customers Prime membership on payment of one-time fee of Rs 99. Data packs for such members is available for as low as Rs 149 per month. Voice calls on Jio will remain free. The official said daily addition are going up exponentially and actual numbers wil...

22Mar By AdityaNo Comments

News

Airtel Hits Back After Jio Allegation Over Ookla backing

Bharti Airtel today lashed out at Reliance Jios allegations around its fastest network ad campaign, saying the complaint is a deliberate attempt to "malign the brand" and "misguide customers". Further, mobile internet speed testing firm Ookla has stood by the finding that Airtel had the fastest broadband network in the country, a claim which has been challenged by Reliance Jio. "Ookla fully stands behind Airtel being named India?s Fastest Mobile Network," Speedtest (Ooklas app) COO Jamie Steven said in a statement. Ookla has named Airtel as the "Fastest Mobile Network" in India based on data from Q3 and Q4 of 2016 which has been challenged by Reliance Jio. Jio has approached advertisement sector watchdog ASCI against Bharti Airtel, saying the latters claim of being "officially ...

Forget 4G, Now 5G technology Adoption to Begin in India This year

1Mar By NitishNo Comments

News

Forget 4G, Now 5G technology Adoption to Begin in India This year

Indian telecom operators will start adopting 5G technology, which in present form can deliver up to 1000 mbps download speed, from this year, Huawei India CEO Jay Chen said today. "I can tell you massive MIMO (Multiple In Multiple Out) technology (part of 5G technology) will go to India this year. We have had discussions with leading telecom operators who are interested and right now it is only available with Huawei for commercial deployment," Chen told Pixr8 in an interview. He added that a wide-scale commercial deployment of 5G is expected to start in India in the next three years. "We even discussed 5G solution for business to business, business to consumer and business to home services with Bharti Airtel Chairman Sunil Bharti Mittal. He was very impressed with it," Chen said. ...

Reliance Jio Key Announcements- 100 Million Users, Jio Prime Membership

21Feb By AnkitaNo Comments

News

Reliance Jio Key Announcements- 100 Million Users, Jio Prime Membership

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 the fastest achieved by any start-up technology company in the world including the likes of Facebook, WhatsApp and Skype. Facilitated by a revolutionary on-boarding process through an Aadhar based eKYC solution, a Jio SIM today resides in the SIM slot of a majority of 4G smartphones in India. In additiion, Jio’s proprietory app ‘Jio4GVoice’ and its utilitarian Jiofy Wifi devices are enabling lacs of 3G and 2G smartphone owners to enjoy a 4G voice and data environment withou...

Narinder Singh Kapany- The Founding Father of Fiber Optics (Used for High Speed Internet)

27Dec By NitishNo Comments

INSPIRATIONAL

Narinder Singh Kapany- The Founding Father of Fiber Optics (Used for High Speed Internet)

If No Narinder then no internet, no laser surgeries, no high speed communications Narinder Singh Capany was the first person in the world who coined the term Fibre Optics. Capany was born in 1927 in Moga, Punjab, he graduated from Agra University and went on to his Ph.D at Imperial College, London. His groundbreaking research led to wide ranging applications in not just high speed communications, but also medical imaging from OFC networks to endoscopic to laser surgery. There he became the first person in the world to demonstrate that light can travel in bent glass fibres. His research paper entitled “A Flexible Fiberscope, using Static Scanning” appeared in scientific journal Nature in its January 2, 1954 issue and paved the way for instruments such as endoscopes and laser probes. ...