Reliance Jio active subscribers still heading south
The total number of subscribers is often a misleading statistic, and in Reliance Jio’s case, it certainly isn’t telling the whole story.
The total number of subscribers is often a misleading statistic, and in Reliance Jio’s case, it certainly isn’t telling the whole story.
Reports have emerged suggesting Huawei is laying off staff and cutting revenue objectives in India, as the anti-China sentiment gathers steam around the world.
Competition in the Indian market might get a lot smaller as the Indian Supreme Court rules Vodafone Idea and Bharti Airtel will both have to pay Government estimates on spectrum fees.
The Telecom Regulatory Authority of India (TRAI) has released subscription data for March, though with only 80% of Reliance Jio customers active, the numbers are not all they seem.
Reliance Industries has announced Google is the latest company to purchase a stake of its digital ventures business unit, paying $4.5 billion for the privilege of a 7.7% share.
It wasn’t long ago that pretty much every US firm was attempting to crack the lucrative Chinese market, but now India is drawing the attention.
With the launch of a cheap 5G smartphone from RealMe in India, the prospects of a 5G network in the short- to mid- term is becoming much more realistic.
With the Jio Platforms business unit now valued at roughly $65 billion, Qualcomm Ventures has become the latest to invest in the burgeoning Indian digital champion.
Mukesh Ambani is proving to be one of the most popular figures in the telco world as two more investors have bought into the Reliance Jio mission to digitise India.
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).
Reliance Industries have found a fifth investor to purchase a handsome stake in Jio Platforms, its digital business unit, with Mubadala signing a $1.2 billion cheque for 1.85%.
In an open letter to India’s telecoms regulator, the Cellular Operators Association of India (COAI) has pressed for quicker decision making on pricing restriction rules.
Whether it’s important, depressing or just entertaining, the telecoms industry is always one which attracts attention.
It seems the US moneymen have a taste for Indian connectivity as General Atlantic becomes the fourth third-party firm to invest in the money-making machine which is Jio Platforms.
Vista Equity Partners has become the third-largest investor in Reliance Platforms, purchasing a 2.32% equity stake in the disruptive business for $1.5 billion.
The Indian telecommunications industry might be crumbling around it, but Reliance Jio is still reaping the rewards of disruption and chaos, and there is much more to come.
Reliance Industries has announced Facebook will invest roughly $5.7 billion for a 9.9% stake in its telecoms and tech business unit.
Social media giant Facebook seems set to continue its push into telecoms with a major stake in India’s dominant operator group.
Reliance Jio has thrown somewhat of a spanner in the 5G ecosystem, claiming that it has developed its own ‘end-to-end’ 5G technologies.
The Indian Supreme Court has rejected a plea from Vodafone Idea and Bharti Airtel to defer disputed spectrum licence fee payments, making the collapse of Vodafone Idea a realistic outcome.
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