With this spectrum trading agreement, Airtel will receive a consideration of Rs 1,037.6 crore from Jio for the proposed transfer.
Idea Cellular network (now Vodafone Idea) followed Jio with a download speed of 8.6 mbps, Vodafone 7.9 mbps and Bharti Airtel 7.5 mbps, a...Read More
India's overall wireless subscriber base shrunk by 0.28 per cent to 114 crore at the end of June 2020, recording declines in both urban a...Read More
It further said another tariff hike of at least 20% is probable in the next 12 months.
The telecom subscriber base had declined 85.3 lakh in April, when the country was under complete lockdown, to 116.94 crore.
Also, lower realisation in the export market also impacted profitability. "Closure of stores and restrictions on operations across the co...Read More
"This investment values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. General Atl...Read More
After the Facebook (FB) and Silver Lake stake sale in Jio Platforms (JPL), RIL has announced a deal to sell a 2.23 per cent stake in Jio ...Read More
The US-based private equity firm will buy a stake in Jio Platforms, which houses the country's youngest but biggest telecom firm Jio, at ...Read More
The investment in Jio Platforms comes within days of Facebook investing USD 5.7 billion to buy a 9.99 per cent stake in Jio Platforms.
By FPJ Web Desk
Reliance Jio Infocomm (RJio), a company controlled by Asia's richest man Mukesh Ambani,, along with Bharti Airtel and three others may bi...Read More
Vodafone Idea has made a payment of Rs 54.52 crore, while the amount paid by Reliance Jio stood at about Rs 39.1 crore, the source added.
New Delhi: Reliance Communications today said it has completed the planned sale of its media convergence nodes (MCNs) and related infrast...Read More
By FPJ Bureau
New Delhi: New telecom operator Reliance Jio’s average download speed at 16.48 mbps was almost double of its rivals Idea Cellular and Bh...Read More
Vodafone contends inter-connection usage charges form the floor price as per TRAI’s tariff orders and ‘one cannot go below that’
New Delhi: Airtel on Tuesday blamed Reliance Jio itself for network connectivity issues and call failures, saying they are due to Jio’s ...Read More
Further decline in data tariffs may impact operators’ profitability and sustainability, says Prashant Singhal, Global Communication
New Delhi : Levelling charges against Trai of “tilting the playing field” and newcomer Reliance Jio of bypassing regulations, existing op...Read More
New Delhi : Industry analysts see Bharti Airtel’s Rs 60,000 crore investment plan as a counter to Reliance Jio Infocomm’s entry, even as...Read More