Reliance Jio | The Asian Age

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Earlier this week, telecom operator Bharti Airtel reported a surprise 29 per cent surge in March quarter net profit, aided by exceptional income gains.

See stability returning to telecom market by Q4 FY20: COAI

Telecom operators will look at getting more offerings like content, e-commerce and financial services.

08 May 2019 6:05 PM

Reliance, once dependent on its industrial businesses, reshaped the Indian telecom industry when it launched its Jio telecom unit in 2016.

Global investors in talks to invest in Reliance Jio infra investment trusts: report

Reliance aims to get at least five investors on board, with some joining the conglomerate’s board, the report added.

30 Apr 2019 12:38 PM

As per NSE data, bids for 1,109 crore shares were received by the rights issue, which was open between April 10 and April 24.

Vodafone Idea’s Rs 25,000-cr rights issue sails through

The country's largest telecom operator offered 2,000 crore new shares at Rs 12.50 apiece.

26 Apr 2019 6:37 AM

Market repair in the battered telecom sector is at least a year away as the disruptor Reliance Jio continues to focus on subscriber additions, Jefferies report said.

Vodafone Idea needs more fund in FY19 to finance spectrum repayments: Report

Vodafone Idea is in the process of raising Rs 25,000 crore through a rights issue.

25 Apr 2019 7:42 PM

Rhe wireless broadband subscriber base maintained strong momentum, demonstrating a growth of two per cent during the month of February. (Representational Image)

Wireless broadband subscriber base touches 532 mn in Feb: ICRA

The wireless subscribers increased to 1,183.7 million in Feb 2019, adding 1.7 million subscribers over the previous month.

24 Apr 2019 7:08 PM

"The funding reduces leverage for Bharti and Reliance but is inadequate for VodaIdea, in our view," it said. "With Jio focus remaining on subscriber addition, the market repair is still 12 months away."

Telecom market repair still some time away: Jefferies

This fiscal will see equity fund-raising of over Rs 1 lakh crore led by separate rights by Vodafone-Idea and Bharti Airtel.

24 Apr 2019 3:46 PM

Both Reliance and SoftBank spokespersons declined to comment on the matter.

Softbank investing in Jio as Mukesh Ambani deleverages business

Softbank is reportedly looking to make a USD 2-3 billion investment in India's fastest-growing telecom firm RJio.

24 Apr 2019 8:51 AM

Bharti Airtel trailed Jio with less than half of download speed at 9.3 mbps. (Photo: AFP)

Jio fastest with 22.2 mbps download speed in Mar, Voda leads in upload: Trai

Jio recorded average upload speed of 4.6 mbps and Airtel 3.6 mbps at the end of March.

23 Apr 2019 9:28 AM

Retail business revenues surged 51.6 per cent to Rs 36,663 crore in Q4 and by 88.7 per cent to Rs 1,30,566 crore in 2018-19 fiscal.

Reliance Jio’s Q4 profit jumps 64 per cent to Rs 840cr

Earning per subscriber, however, declined to Rs 126.2 a month from Rs 130 in the previous quarter.

19 Apr 2019 2:34 AM

For the fiscal ended March 31, 2019, Reliance Jio posted over 4-fold jump in net profit to Rs 2,964 crore compared to Rs 723 crore in the previous fiscal.

Reliance Jio Q4 net profit jumps 64 pc to Rs 840 crore

The operating revenue of Reliance Jio rose 55.8 per cent to Rs 11,106 crore during the reported quarter.

18 Apr 2019 7:45 PM

RIL revenue rose 19.4 per cent to Rs 154,110 crore.

Reliance Industries Q4 net jumps 9.8 pc to record Rs 10,362 cr

Net profit in January-March at Rs 10,362 crore, or Rs 17.5 a share.

18 Apr 2019 7:12 PM

Reliance Jio alone added 77.93 lakh customers, taking its total subscriber base to 29.7 crore at the end of February. (Photo: AFP)

Jio, BSNL drive telecom subscriber growth to 120.5 cr in Feb

Reliance Jio and BSNL added 86.39 lakh mobile subscribers but other telecom operators jointly lost 69.93 lakh customers.

18 Apr 2019 6:59 PM

BSNL improved performance in download speed and the latency required for better mobile broadband experience.

Non-availability of 4G spectrum keeps BSNL behind its competitors: Report

The study found Bharti Airtel to be the fastest mobile network with an average download speed of 8.7 megabit per second.

18 Apr 2019 8:56 AM

Reliance Jio, however, declined to comment on a questionnaire sent in this regard. (Photo: AFP)

Reliance Jio applies for in-flight connectivity licence to DoT

This installed base is estimated to generate over USD 32 billion in revenue over the next decade.

16 Apr 2019 12:24 PM

In its television commercials during the ongoing IPL season, Jio is shown 'Celebrating 300 million users.' (Photo: AFP)

Reliance Jio crosses 300 mn customers mark

The milestone was reached on March 2, sources said.

14 Apr 2019 4:45 PM

The transaction size, including investment for growth and expansion, is estimated at about Rs 700 crore. (Photo: PTI)

Reliance Jio Digital Services acquires AI firm Haptik in Rs 700 crore deal

Reliance will hold about 87 per cent of the business with the rest being held by Haptik.

04 Apr 2019 8:51 AM

Mobile tower unit Reliance Jio Infratel Private Ltd(RJIPL) has allocated shares worth Rs 200 crore to RJIL

RJio transfers control of optical fibre, tower units to RIIHL trusts

Tower Infrastructure Trust acquired control of RJIPL by purchasing 51 per cent of shares of RJIPL for Rs 109.65 cr.

02 Apr 2019 3:32 PM

"FY20 can witness the benefits of higher data usage, and a relatively more consolidated and stable industry structure resulting in some pricing discipline," Icra's sector head and vice president Harsh Jagnani said. (Representative Image)

Telecom companies' revenue to decline for third consecutive year: Report

Overall debt for the sector will come down to Rs 4.3 trillion in end FY20 from Rs 4.75 trillion expected in March 2019, report said.

26 Mar 2019 1:20 PM

Performance of Bharti Airtel and Vodafone remained almost flat at 9.4 mbps and 6.7 mbps compared to their performance in January. (Photo: AFP)

Jio tops 4G chart with 20.9 mbps download speed in Feb, Voda in upload: Trai

The average download speed on Idea's network improved to 5.7 mbps in February from 5.5 mbps in January.

16 Mar 2019 10:45 AM

BSNL on Friday announced free voice call on its 'Wings' mobile app and free broadband services for a period of 30 days to attract new customers. (Photo: File)

BSNL clears February salaries of employees: CMD

BSNL CMD had said on Thursday that the telco was using internal accruals of Rs 850 crore to clear the February salary.

15 Mar 2019 6:40 PM

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Sunil Gatade