Jio, Airtel deploy more spectrum in Tamilnadu
The competitive intensity between Reliance Jio and Bharti Airtel is set to rise. The leading telcos have increased spectrum in Tamilnadu and other key areas. Continue Reading
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Two years of unlimited services & new JioPhone at Rs 1,999
In yet another affordable offering for consumers, Reliance Jio has come up with a new ‘JioPhone 2021’ offer wherein a customer will get two years of unlimited services and new JioPhone at Rs 1,999. Continue Reading
Mukesh Ambani for policy steps for early roll out of 5G
Reliance Industries (RIL) Chairman Mukesh Ambani on Tuesday said there was a requirement of policy measures for the early roll out of the fifth generation (5G) connectivity technology. Continue Reading
Jio gains 2.5 million subscribers in July
Reliance Jio gained 2.5 million active subscribers in July, reversing the decline seen in the previous month, while rivals Airtel and Vodafone Idea lost 0.4 million and 3.8 million active users respectively, latest reports based on TRAI data said. Continue Reading
Jio plans in-flight mobile connectivity
Reliance Jio has partnered with Panasonic Avionics Corporation’s subsidiary, AeroMobile, to launch India’s first in-flight services for ‘JioPostpaid Plus’ users. Continue Reading
Telecom stocks surge after tariff hike announcements
Shares of telecom companies today surged on the back of new tariff plans announced by the operators to be effective from 3 December onwards. Shares of Vodafone Idea were trading at Rs 8.38, up 22.69 per cent, on the BSE. The stock rose 22.63 per cent to Rs 8.40 on the NSE. Bharti Airtel appreciated 7.35 per cent to trade at Rs 474.80 on the BSE. The stock gained as much as 9.82 per cent to Rs 485.75 in early trade. Continue Reading
BSNL hopes to boost market share, no plans to shut
Crisis-ridden Bharat Sanchar Nigam Ltd (BSNL) is hoping to boost marketshare, following Reliance Jio’s decision to charge six paise per minute for voice calls made to mobile phone networks of rival operators. Continue Reading
Vodafone Idea: Jio’s action an undue haste
Telecom operator Vodafone Idea termed Reliance Jio’s plan to start charging six paise per minute for outgoing calls to rival network as “an action of undue haste” and an attempt to distract attention from the need for urgent action to address financial stress in the sector. Continue Reading
HDFC Bank valued at $22.70 billion
Largest private sector lender HDFC Bank has emerged as the most valued Indian brand at $22.70 billion. The list of top ten brands, prepared by the world’s largest media buyer WPP, includes companies from banking, financial services, and insurance, telecom and auto segments. Continue Reading
War of words between Airtel and Jio
After months of lull, old and new telcos have locked horns with Airtel accusing Reliance Jio of “gaming” the system of paying for calls to rival network, a charge that Mukesh Ambani-led firm countered saying incumbents were charging high voice tariffs and manipulating the system to detriment of their users. Continue Reading