Reliance Jio gets into the video conferencing game
Disruptive Indian telco Jio aspires to be much more than just a dumb pipe and its decision to launch its own video conferencing service is consistent with that ambition.
Disruptive Indian telco Jio aspires to be much more than just a dumb pipe and its decision to launch its own video conferencing service is consistent with that ambition.
Reliance Industries founder Mukesh Ambani has found yet another private investor for Jio Platforms, selling 1.16% for $750 million to the Abu Dhabi Investment Authority (ADIA).
Whether it’s important, depressing or just entertaining, the telecoms industry is always one which attracts attention.
Private equity firm Silver Lake has shelled out $750 million for a 1.15% stake in the Indian telco, which represents a 12.5% premium on the price Facebook recently paid.
Telecoms disruptor Reliance Jio has been forced to sell its tower assets to Brookfield Infrastructure Partners for approximately $3.55 billion.
Vodafone Idea has stated it will shut-down its business unless relief is offered by the Indian Government for the $13 billion demands which have been directed at the firm.
Beleaguered Indian operators Vodafone Idea and Bharti Airtel have indicated they will need to start charging their customers more.
The Indian government is showing no sign of backing down on its demands for massive payments from Bharti and Vodafone.
India’s leading mobile operator group thinks the fact that the trade body lobbied on behalf of two others is proof of bias against it.
Disruptive Indian operator Reliance Jio has announced it will start charging its customers for calls to other networks due to a regulatory change.
Less than three years after launching Reliance Jio has overtaken Vodafone Idea and Bharti Airtel to become India’s biggest MNO by subscriber.
Reliance Jio has unveiled its latest quarterly figures and, surprise surprise, subs are once again on the up as well as profits.
Vodafone Idea has contacted subscribers to confirm the end of its ultra-low-priced data tariff as it shifts towards ARPU over scale.
The Indian consumer might be surging into the digital economy at an unprecedented speed, but the telcos are certainly not reaping the rewards according to Vodafone CEO Nick Read.
SingTel reported almost flat revenues and 14% decline in net profit in the quarter ending 31 December 2018, blaming negative influence from its investments in Australia and India.
Reliance Communications has arguably gotten the sharpest end of the Jio stick over the last couple of years, but it seems the misery is finally over as the firm files for bankruptcy.
The Telecom Regulatory Authority of India (TRAI) has released the subscription data for October and it’s another familiar story as Reliance Jio grows its subscription base again.
The Telecom Regulatory Authority of India (TRAI) has released its monthly report on the state of play in India, and it’s a pretty gloomy picture for everyone aside from Jio.
Reliance Jio owner Mukesh Ambani has stated India will be fully-4G by 2020, and is setting his eyes on the 5G euphoria already.
Reliance Jio is set to pile more misery on Bharti Airtel with the launch of a low-cost fixed broadband offering.
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