Jio looks strongest in India survival game
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 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.
Reliance Jio has extended the deadline for its latest subscription plan for an additional two weeks, as well as introducing another three month freebie offer for new customers.
Jio has announced it will start to charge customers from April 1, but its tariff plans will test the patience and resolve of its competitors.
Following the Indian Supreme Court lifting its initial embargo on publishing results, Idea Cellular has emerged as the biggest bidder in the country’s latest 2G and 3G spectrum auction. After 19 days and 115 rounds of bidding, the Indian government managed to haul in a nice lot of cash at a record total of INR1.1 trillion ($17.5 billion).
Indian operator Reliance Jio Infocomm has signed a tower sharing agreement with local infrastructure provider Bharti Infratel across the country.
Indian operators Bharti Airtel and Reliance Jio have announced an infrastructure sharing agreement. The two will share their inter and intra city fibre networks, submarine cable networks, towers and internet broadband services. They added that they will also look for other such opportunities to share assets in the future.
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