Friday, December 27

Tag: Reliance Jio

India Lost 2 Crore Mobile Users in November
INDIA

India Lost 2 Crore Mobile Users in November

The number of telecom subscribers dwindled by 1.58 crore to 118.5 crore in November, even as Reliance Jio continued to lead in customer addition with over 15 crore subscribers, as per a report by Trai. "The number of telephone subscribers in India declined from 1,201.72 million at the end of October 2017 to 1,185.88 million at the end of November 2017, thereby showing a monthly decline rate of 1.32 per cent," the Telecom Regulatory Authority of India said in a monthly subscriber report today. The decline was mainly on account of closure of mobile services by some of the operators including Anil Ambani-led Reliance Communications (RCom), which lost over 2.57 crore subscribers during the period. As per the report, the number of total mobile subscribers declined to 116.24 crore from ...
Reliance Jio Sets An Eye At E-Commerce, Head-On With Paytm, Flipkart
BUSINESS

Reliance Jio Sets An Eye At E-Commerce, Head-On With Paytm, Flipkart

After disrupting the telecom industry in India, Reliance Jio is now set to launch an ecommerce platform, leveraging its penetration and millions of subscribers. As per the reports by ET the company is working with kirana stores and consumer brands to let people buy locally using coupons via Jio Money platform or even text messages. The project is currently ongoing in Mumbai, Chennai and Ahmedabad, the report said. Having witnessed the huge success of Jio and the fact that it touched a 132 million+ subscribers base in about a year, now its entry in the e-commerce segment could be a very bad news for digital wallet and e-commerce players like Paytm and Flipkart. Although having investors like Softbank behind their back, this head-on battle will be interesting to watch. The online...
Reliance Sees Telecoms Arm Jio Turning Profitable ‘Shortly’
News

Reliance Sees Telecoms Arm Jio Turning Profitable ‘Shortly’

Reliance Industries Ltd’s telecoms arm Jio will turn profitable “shortly,” the Indian conglomerate said on Friday, while adding it would continue to pump around $1 billion into the venture for each of the next few quarters. Jio launched late last year with free voice and cut-price data, sparking a price war in India’s cut-throat telecoms sector which has driven down margins and forced consolidation. Oil-to-retail giant Reliance, controlled by India’s richest man Mukesh Ambani, suggested there were signs its costly gamble was paying off. Jio racked up 61.47 billion rupees ($947 million) of revenues in the three months to Sept. 30, though made a loss of 2.71 billion rupees. “I can only see it (net income) turning positive very shortly,” joint Reliance finance chief V Srikanth said, ...
How To Buy Airtel’s Rs 1399 4G Smartphone, All You Need To Know
News

How To Buy Airtel’s Rs 1399 4G Smartphone, All You Need To Know

What is now being termed as 'Jio-effect', Airtel partners with Karbonn Mobiles, to offer a 4G smartphone-  the Karbonn A40 Indian for Rs 1,399, undercutting Reliance Jio's 4G feature phone, which was 'effectively free', priced at Rs 1,500. The initiative will see the telecom network join hands with more OEMs in the days to come to "create an open ecosystem of affordable 4G smartphones and bring them to market for virtually the price of a feature phone." Airtel's 'Mera Pehla 4G Smartphone' initiative, aka-  'My First Smartphone', is aimed at allowing "every Indian to buy a 4G Smartphone" in a highly affordable package. Smartphones under the initiative will soon be available in offline stores, with after sales being handled by the device manufacturers themselves. The Karbonn A40 Ind...
Highlights Of iPhone 8 On Jio Launch Event
INDIA

Highlights Of iPhone 8 On Jio Launch Event

Jio today unveiled the latest offering from Apple Inc. – the iconic iPhone 8 and iPhone 8 Plus on Jio- at its sprawling campus at the Reliance Corporate Park, Navi Mumbai – with an unprecedented package to enable many more Indians across the country to enjoy the iconic devices on Jio’s most advanced and superior 4G network. (more…)
Airtel Looking to Launch 2500 Rs 4G Smartphone
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...
80 Customised Phones with Reliance Jio SIM Cards Given to Top Indian Government Officials
INDIA, News

80 Customised Phones with Reliance Jio SIM Cards Given to Top Indian Government Officials

New Delhi: At least 80 high-end Google Pixel “customised” phones with Reliance Jio SIMs have been given to top bureaucrats on a “trial” basis to ensure secure communication among them, according to a person in the IT ministry. The home ministry had drawn up a list of 100 officials from multiple ministries for the purpose, and 80 of these Google Pixel phones have been handed out so far, the person aware of the matter said. The rest 20 units are in the pipeline, he added. The project is at a ‘pilot’ stage and the sample distribution is for measuring the performance and security of the device. The Google Pixel phones were found to be compliant with the specifications given by the home ministry, and the “customisation” of the 4G phones was undertaken by the Centre for Development of Adva...
Reliance Jio Suspends JioPhone’s Pre-Booking
News

Reliance Jio Suspends JioPhone’s Pre-Booking

Reliance Jio has suspended the pre-booking of its much awaited "effectively free" 4G feature phone following overbooking of initial lot which is expected to be delivered in September. "Millions have pre-booked the JioPhone. We will inform you when pre-booking resumes," a message on Reliance Jio website said. A company official said pre-booking has been suspended after receiving overwhelming response. However, Jio didnt respond to queries on whether the pre-booking was stopped across all Jio stores and retailers. Reliance Industries Chairman Mukesh Ambani in his last annual general meeting speech had said the company plans to sell 5 million JioPhone every week. The pre-booking of JioPhones started on August 24 against payment of refundable deposit of Rs 500 and rest of the refundabl...
Mukesh Ambani Launches Free Jio Phone At Reliance AGM
News

Mukesh Ambani Launches Free Jio Phone At Reliance AGM

The much awaited Reliance Jio phone was launched by  Akash Ambani and Isha Ambani, Mukuesh Ambani's son and daughter at the Annual Grand Meeting this morning. The Jio Phone will help achieve PM Modi's dream of 'Made In India' said Akash at the AGM. The phone will support 22 languages, and will be available nation wide for effectively 0 price. The user however will have to pay Rs 1500 as security deposit which they will get back after 36 months of purchase. The phone comes with basic features such as Phone logs, contacts, headphone jack, torch,FM Radio, SD Card slot, Bluetooth Connectivity and with Alphanumeric Keypad. The JioPhone has been tipped to come with a 4GB of internal storage, and 512MB of RAM. The mobile will have the ability to install and run apps, including Jio’s own...
Reliance Jio All Set To Own The Market by Selling Rs 500 4G Smartphone
News

Reliance Jio All Set To Own The Market by Selling Rs 500 4G Smartphone

After the launch of super-cheap 4G services in India, Reliance is once again set to create a wave of disruption in the market. Billionaire Mukesh Ambani's Reliance Jio Infocomm Ltd. is likely to launch its 4G-VOLTE enabled smartphone for an unbelievable pricing of just Rs 500.  As per the source by ET, the launch may be announced at its parent Reliance Industries' annual general meeting which will be duly held on July, 21 2017 . With this Reliance Jio can once again cause disruption in the market if the Jio 4G phone is launched at price of Rs 500. According to a Financial Express report, Reliance Jio is also in talks with Techchain and Uniscope( Chinese manufacturers) for the its 4G-VOLTE phone. Although the pricing is very dynamic for now all the rumor-based reports. "Jio is like...