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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...

9May By kriti singhNo Comments

BUSINESS

Jio Effect: Airtel Q4 Net Income Plunges 72%, From 1319 Crore to Rs 373.4 Crore

Bharti Airtel today registered a sharp 72 per cent decline in consolidated net income at Rs 373.4 crore for the fourth quarter ended March 2017, hit by "sustained predatory pricing" by newcomer Reliance Jio. Net income stood at Rs 1,319 crore in the same period a year ago. Total revenue fell 12 per cent to Rs 21,934.6 crore, from Rs 24,959.6 crore in the same period last fiscal. The earnings numbers came in after market hours. "The sustained predatory pricing by the new operator has led to a decline in revenue growth for the second quarter in a row. The telecom industry as a whole also witnessed a revenue decline for the first time ever on a full-year basis," Bharti Airtel MD and CEO (India and South Asia) Gopal Vittal said. Pointing towards the "tsunami" of incoming voice traffic...

Reliance Jio Net Loss Jumps to Rs 22.5 Crore in October-March

25Apr By Press Trust of IndiaNo Comments

BUSINESS

Reliance Jio Net Loss Jumps to Rs 22.5 Crore in October-March

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 in an exchange filing. Jio, which launched its services in September, had no revenue from operations during October 2016 to March 2017 while other income fell to Rs 0.54 crore from Rs 2.23 crore in the same six months of 2015-16. Jio is an unlisted arm of Reliance Industries and as per law is not required to put out quarterly numbers. Since its launch, it ran two back-to-back offerings of free data and voice and the only charge it took from the 120 million subscribers ...

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 ...

Reliance Jio, Paytm Apologise For Using PM’s Photo in Print Ads

11Mar By PriyankaNo Comments

News

Reliance Jio, Paytm Apologise For Using PM’s Photo in Print Ads

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 Prime Minister's name and picture for commercial use. "Clarifications were sought by the Department of Consumer Affairs from Paytm and Reliance Jio wherein they have apologised for their inadvertent mistake," Minister of State for Consumer Affairs C R Chaudhary said in a written reply to the Rajya Sabha. The two companies used the photograph of the Prime Minister in their respective full page advertisements contraven...

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...

TRAI Examining BSNL’s New App-Based Calling Service

19Feb By AnkitaNo Comments

INDIA

TRAI Examining BSNL’s New App-Based Calling Service

Telecom regulator TRAI is examining the limited fixed mobile telephony services of Bharat Sanchar Nigam following objections raised by the cellular operators, and a decision is expected soon. "Our team is working with BSNL...we have asked them for certain clarifications with a view to understand the entire architecture of the limited FMT service. And then we will take a view quickly," TRAI Chairman, RS Sharma told Pixr8. Cellular operators under industry body COAI approached the telecom regulator against the limited fixed mobile telephony services announced by BSNL. BSNL's limited fixed mobile telephony is an app-based calling service that virtually turns mobiles into cordless phones working in sync with landlines to make and receive calls within home premises. When contacted,...

For Mukesh Ambani Right Team and Using Investors Money Carefully is a Path To Success

15Feb By AnkitaNo Comments

Entrepreneurs Talk

For Mukesh Ambani Right Team and Using Investors Money Carefully is a Path To Success

Reliance Industries chairman Mukesh Ambani, who is betting big on data-driven telecom with his Jio Infocomm, today described the digital play sweeping the world as the fourth industrial revolution and said data is the "new oil". "The foundation of the fourth industrial revolution is connectivity and data. Data is the new natural resource. We are at the beginning of an era where data is the new oil," Ambani said at the opening day of 3-day Nasscom leadership forum here. Salient feature of this revolution is "convergence of the physical biological and digital sciences" and "we are on the verge of an exponential change", he said. Predicting that India will be a key player in this revolution, Ambani said with "our large talent base, we will have a competitive advantage in this era." ...

Govt Issues Notices to RJio, Paytm For Using PM Photo in Advts

11Feb By AnkitaNo Comments

News

Govt Issues Notices to RJio, Paytm For Using PM Photo in Advts

The government has slapped notices on billionaire Mukesh Ambani-led Reliance Jio Infocomm and Paytm for using the Prime Minister's photograph in their advertisements. The Ministry of Consumer Affairs, which is custodian of prestige of High Offices like President and Prime Minister as well as historic figures, sent the notices under the Emblems and Names (Prevention of Improper Use) Act of 1950, which bars use of Prime Minister's name and picture for commercial use. "We have sent notices to both (the companies) for using PM's picture in their advertisement. We are yet to receive their response," Consumer Affairs Secretary Hem Pande told Pixr8. The Act provides for a nominal financial penalty for violations but more than the monetary fine holding guilty of for improper use o...

150 Rs War- Idea And Airtel Launched New Plans To Counter Reliance Jio and BSNL

9Dec By NitishNo Comments

BUSINESS

150 Rs War- Idea And Airtel Launched New Plans To Counter Reliance Jio and BSNL

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 announced scheme priced at Rs 345 and Rs 348 respectively that will allow their customers to make unlimited calls to any network in the country. Both the companies will provide 1GB of 4G data to customers with 4G mobile phone and 50 MB for non-4G mobile handset users under the plan. At lower amount of Rs 149 and Rs 148 respectively, Airtel and Idea has started offering free calls within their network. Both the companies will provide 300 MB of 4G data to customers...