Reliance Jio offloads towers to settle Government bill
Telecoms disruptor Reliance Jio has been forced to sell its tower assets to Brookfield Infrastructure Partners for approximately $3.55 billion.
Telecoms disruptor Reliance Jio has been forced to sell its tower assets to Brookfield Infrastructure Partners for approximately $3.55 billion.
Reliance Jio is the latest Indian telco to announce an increase in mobile prices, but considering the precarious position the market is in, it is probably much needed.
Reliance Jio has unveiled its latest quarterly figures and, surprise surprise, subs are once again on the up as well as profits.
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.
Ericsson has filed its second contempt petition against Reliance Communications in the Indian Supreme Court asking for Chairman Anil Ambani to be arrested.
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.
The Telecom Regulatory Authority of India (TRAI) has unveiled the monthly growth statistics for July and India is still the market which keeps giving.
Reliance Jio has reported its numbers for the last three months, and it does make for some very interesting reading.
Reliance Jio has sent shockwaves through the Indian telco space, but it isn’t finished just yet; next stop, broadband and enterprise services.
Reliance Jio has unveiled a new postpaid tariff to further undercut rivals plans and reinvigorate the enthusiasm which saw millions of customers flock to the telco.
Reliance Jio has continued its march to the top of the Indian telco rankings, reporting another quarter of monstrous growth adding another 26.5 million new customers.
Reliance Communications has been given the go-ahead to sell off its wireless business unit after National Company Appellate Law Tribunal removed an order blocking the sale.
It’s bad news for those who thought the Jio bubble might pop and everything would return to normal in India; Jio’s latest quarterlies show it is a money making machine.
Digital transformation has turned the telco industry on its head with some telcos trying to buy themselves out of the hole, but recent events have proved money isn’t always the answer.
It’s a tale of two billionaire brothers having very different experiences in the telco space. Reliance Jio is flying high, its quarterly report implies Reliance Communications is dying a slow and painful death.
Reliance Communications rumours are continuing to swirl after a weekend of adverts and offers to lure customers away from the troubled telco.
Reliance Industries has started to tell us the financials about its chaotic telecoms venture, and it doesn’t make for easy reading.
Vodafone boss Vittorio Colao has written to India’s government, pleading with ministers to stand strong under pressure from Reliance Jio to reduce Mobile Termination charges (MTC).
Bharti Airtel has reported its annual figures, and while there is nominal growth across the twelve months, a notable decline in Q4 indicates the Jio pressure might be starting to weight heavy.
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