June 5th, 2018The Indian mobile network operator, Idea Cellular stated that the company obtained an approval to raise the Foreign Direct Investment (FDI) limit from the Department of Telecom (DoT). The operator informed that the previous FDI limit stood at 67.5 percent and now has been raised to 100 percent on Monday.
The Idea Cellular, in...
May 30th, 2018After shaking the telecom market with a new kind of data revolution in the country, Reliance Jio has once again created a buzz as it is about to offer internet, videos and voice call for less than Rs 1000 a month.
Such a disruptive offering will not only amp up competition in the telecom sector but surely give an edge to Jio over...
May 28th, 2018After moving the country with its economic and evergreen consumer products, Yog guru Baba Ramdev's Patanjali has marked a debut in the telecom sector.
Patanjali has launched a Swadeshi Samriddhi SIM card in collaboration with Bharat Sanchar Nigam Limited (BSNL) at an event witnessing inaugural by Baba Ramdev.
Going in with the soft...
May 7th, 2018Reliance Industries is set to pour Rs 60,000 crore capital in its telecom business, Jio, this fiscal year as the company wishes to roll out its broadband services and expand its wireless network faster, according to two people close to the company.
Additionally, Reliance Jio Infocomm Ltd might also borrow the astronomical sum of Rs 1...
April 18th, 2018Telecom Regulatory Authority of India (TRAI) has launched a beta version of a website that will allow comparison of mobile tariffs of all operators at one roof helping to bring transparency and ease.
At the first stage, the beta version has gone live for Delhi circle, and users can click the link to compare mobile...
April 14th, 2018Reliance Jio, the telecom operator recently raised funding worth Rs 3250 crore as Samurai term loan from Japanese banks. A samurai loan is a low interest loan from Japanese investors and this deal with Reliance Jio represents the largest samurai loan an Asian company ever signed.
A statement released from Reliance Jio read,...
February 5th, 2018Singapore's largest mobile network operator Singtel has invested Rs 2,649 crore in Bharti Telecom Ltd. boosting its stakes by 48.9 percent. Singaporean Telecommunications has over 4.1 million subscribers and through subsidiaries, has a combined mobile subscriber base of 640 million customers at the end of financial year...
January 20th, 2018Bengaluru: 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...
January 11th, 2018The 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...
October 11th, 2017What 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...
June 29th, 2017New 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...
June 6th, 2017The telecom regulator Trai today launched a new app that would enable subscribers to rate the quality of a phone call.
The new MyCall app, along with updated and enhanced versions of MySpeed app and Do Not Disturb app are amongst a slew of web initiatives unveiled by the Telecom Regulatory Authority of India (Trai) today.
"As the...
