Predatory pricing win turns out to be double-edged sword for telecom operators
5 years, 9 months ago

Predatory pricing win turns out to be double-edged sword for telecom operators

Live Mint  

A lot can change in a year, especially in the hyper-competitive telecom industry, which has witnessed severe disruption and has seen operators publicly spar against each other and with the sector regulator, since Reliance Jio’s entry in September 2016. In yet another cruel twist of fate, incumbent telcos Bharti Airtel and Vodafone Idea, which had managed to secure a favourable verdict from the telecom tribunal against the regulator’s predatory pricing order last year, will now find themselves in a sticky situation as the same law, which they fought against, would have now come to their aid. A little over a year ago, the Telecom Regulatory Authority of India announced rules under which it would examine tariffs of a significant market player —which is an operator holding a share of at least 30% of either subscriber base or gross revenue in a telecom circle—to determine the existence of predatory pricing. In the March quarter of 2017-18, Vodafone Idea had 37.5% share, Airtel 31.8% and Jio 19.8% share of the adjusted gross revenue market across 22 telecom circles in India. In fact, as on 31 March 2019, out of the 22 telecom circles, in terms of adjusted gross revenue, Jio has the largest market share in 16 circles, Vodafone-Idea leads in just five and Airtel in just one circle in Karnataka.

Market Telecom Revenue Pricing Jio Share Airtel Vodafone Idea Trai Predatory Pricing Predatory  win  airtel  predatory  sword  market  telecom  turns  gross  pricing  operators  doubleedged  jio  trai  share  revenue

History of this topic

Telecom Q3 review: Airtel triumphs in Arpu battle, but Jio could win the war
1 month, 1 week ago

Telecom Q3 review: Airtel triumphs in Arpu battle, but Jio could win the war

Live Mint  

Investors who wish to bet on India’s telecom sector have few pure-play options until Reliance Jio Infocomm is listed as a separate company. Meanwhile, Bharti Airtel Ltd’s Arpu of ₹245 in Q3 was way ahead of Jio’s ₹203. Consequently, the absolute revenue gain could be higher for Jio because of its larger mobile subscriber base of about 460 million versus …

Airtel, Jio start friendly banter on Valentine's Day post: 'We'll keep them happier…'
1 month, 2 weeks ago

Airtel, Jio start friendly banter on Valentine's Day post: 'We'll keep them happier…'

Hindustan Times  

Several corporates wish their customers in quirky ways to mark Valentine's Day. Read on to know what it was Using the popular phrase, Reliance Jio posted on X, “Roses are red, Jio's 5G is True…Happy Valentine's Day to everyone on Jio and the rest who need a rescue.” The company's X post went on to say, “Chin up, Airtel - …

Jio Financial Services share price jumps over 3% on technical rebound; analysts expect 25% more upside; Should you buy?
1 month, 3 weeks ago

Jio Financial Services share price jumps over 3% on technical rebound; analysts expect 25% more upside; Should you buy?

Live Mint  

Jio Financial Services share price surged over 3% on Wednesday, extending its rally for the second straight day amid heavy volumes. Technicals indicate 25% upside Jio Financial Services shares have witnessed a significant 41% correction from its peak of approximately ₹394. Jio Financial Services is a holding company and operates its financial services business through its consumer-facing subsidiaries namely Jio …

Jio, BSNL, Airtel, Vi Users rejoice as TRAI action brings relief from spam calls
3 months, 1 week ago

Jio, BSNL, Airtel, Vi Users rejoice as TRAI action brings relief from spam calls

India TV News  

The Telecom Regulatory Authority of India has taken decisive action against major telecom firms, including Airtel, Jio, BSNL, and Vodafone Idea, imposing substantial fines amounting to crores of rupees. Last week, TRAI reprimanded these companies for breaching the Telecom Commercial Communication Customer Preference Regulation and for their inability to curb spam calls. Accountability on OTT Platforms In addition, the DoT …

Jio Financial Services to become the second largest shadow lender by market cap
1 year, 8 months ago

Jio Financial Services to become the second largest shadow lender by market cap

Live Mint  

Jio Financial Services, the financial arm of Reliance Industries Ltd, has unsettled shadow lenders space in the country by claiming the second spot. Post demerging with RIL on Thursday, Jio Financial Services boasts off an implied market capitalisation of ₹1.6 lakh crore, that's way behind Bajaj Finance m-cap of ₹4.59 lakh crore, but significantly higher to its contemporaries in the …

Jio pips Airtel in revenue market share in Q4 2023: TRAI
1 year, 9 months ago

Jio pips Airtel in revenue market share in Q4 2023: TRAI

Live Mint  

Mukesh Ambani's telecom company has pipped rival Bharti Airtel in revenue market share in the fourth quarter of fiscal year 2023. Ambani's Reliance Jio Infocmm's gross revenue market share shot up by 13 basis points to 41.7% between January-March 2023 while Airtel's RMS remained unchanged at 36.5%. According to a report by Economic Times, Motilal Oswal said Jio's market share …

Jio eyes new horizons with cheap fiber plan
2 years ago

Jio eyes new horizons with cheap fiber plan

Live Mint  

Reliance Industries Ltd’s telecom arm, Reliance Jio Infocomm Ltd, seems to be aiming at market share gains in the wired broadband segment. View Full Image Graphic: Mint As of 31 December, Jio’s subscribers in the wired broadband segment stood at 7.65 million, giving it a market share of 24%. Also, “With a second home broadband connection being a new concept, …

Airtel, Google's $1 billion deal: What it means for smartphone buyers
3 years, 2 months ago

Airtel, Google's $1 billion deal: What it means for smartphone buyers

India Today  

Today marks an important day for India’s leading telecom company, Bharti Airtel. It said the partnership will allow Airtel to “build on Airtel’s extensive offerings that cover a range of Android-enabled devices to consumers via innovative affordability programs.” This essentially means Airtel will navigate opportunities in the market where it can offer affordable phone bundles to customers. Airtel’s offers for …

Jio races ahead as Airtel catches its breath
3 years, 7 months ago

Jio races ahead as Airtel catches its breath

Live Mint  

Bharti Airtel Ltd reported decent earnings in a challenging quarter, thanks to strong growth in its India non-mobile business and Africa. However, the key India mobile business was impacted by the disruption caused by the second covid-19 wave, hurting its subscriber growth. Airtel’s mobile revenue growth in the June quarter was below the estimated 3.3% growth for Jio, said analysts …

Boycott Jio: Reliance alleges Airtel, Vi luring customers to opt out of Jio over farmers' protest, rivals junk charge
4 years, 3 months ago

Boycott Jio: Reliance alleges Airtel, Vi luring customers to opt out of Jio over farmers' protest, rivals junk charge

India Today  

Reliance's telecommunication arm Jio has sought action against competitors Vodafone Idea and Bharti Airtel. In a letter to the regulator, Reliance Jio accused Vodafone Idea and Bharti Airtel of resorting to "unethical" ways and spreading "frivolous rumours" that Jio will somehow gain from the Centre's three new farm bills. "A large number of port-out requests, wherein the customers are citing …

Reliance Jio Retains Top Spot in Mobile Telcos with 35 Lakh New Customers, Vi Loses 37 Lakh: TRAI
4 years, 5 months ago

Reliance Jio Retains Top Spot in Mobile Telcos with 35 Lakh New Customers, Vi Loses 37 Lakh: TRAI

News 18  

Reliance Jio added over 35 lakh wireless subscribers to its mobile network in July 2020, while Vi, which rebranded from the erstwhile Vodafone-Idea, lost 37 Lakh subscribers, noted the Telecom Regulatory Authority of India’s monthly report. According to TRAI, Vi is still the third largest telco in India with a market share of 26.34 percent, behind Bharti Airtel and ahead …

Jio's postpaid play poses no risk to Vodafone, Airtel; signals lowering of competition: Report
4 years, 6 months ago

Jio's postpaid play poses no risk to Vodafone, Airtel; signals lowering of competition: Report

India TV News  

Sector leader Reliance Jio's newly launched postpaid plans indicate a shift to higher earnings and lowering of intensive competition in the telecom space, India Ratings and Research said in a report on Friday. The postpaid plans indicate Jio's continued steps towards improving the industry-level ARPU, India Ratings said. India Ratings said Jio's plans do not threaten the postpaid customer base …

Flush with capital, Jio turns up the heat on Airtel and Vodafone Idea
4 years, 6 months ago

Flush with capital, Jio turns up the heat on Airtel and Vodafone Idea

Live Mint  

Early this month, Bharti Airtel Ltd’s shares traded at about ₹550 apiece. But another is the increased aggression by Reliance Jio Infocomm Ltd, after a massive fund raise by its parent, Reliance Industries Ltd. “Jio’s aggression in the telecom sector seems to be back post RIL’s significant capital raise, perhaps with an endeavour to fill the gaps in the fixed …

Reliance CEO gets $1.5 billion from Saudi Arabia for his Jio war chest
4 years, 9 months ago

Reliance CEO gets $1.5 billion from Saudi Arabia for his Jio war chest

CNN  

San Francisco CNN Business — In less than two months, Indian billionaire Mukesh Ambani has amassed more than $15 billion in investments to fuel his technology ambitions fromthe likes of Facebook and top Silicon Valley investors Silver Lake and TPG. The kingdom’s sovereign wealth fund, the Public Investment Fund, will pay $1.5 billion for a 2.3% stake in Jio Platforms, …

Facebook likely to buy 10 per cent stake in Reliance Jio
5 years ago

Facebook likely to buy 10 per cent stake in Reliance Jio

India TV News  

Social media major Facebook is reportedly planning to buy 10 per cent stake in the country's biggest telecom company Reliance Jio. According to Financial Times, Facebook is looking at buying a multibillion-dollar stake in Reliance Jio which has been valued at USD 60 billion by analysts at Bernstein. On March 18, RIL took over some of the debt of Reliance …

Why the AGR ruling is double whammy for Vodafone-Idea and Airtel
5 years, 4 months ago

Why the AGR ruling is double whammy for Vodafone-Idea and Airtel

The Hindu  

Vodafone-Idea and Airtel posted their highest-ever quarterly losses in Q2 FY20. Record Losses The losses of Vodafone-Idea and Airtel in the last quarter together amounted to Rs 7,40,675 million while Reliance Jio continued to post profits. Tale of opposites image/svg+xml Spike in usage Since Jio’s inception in 2016, both data usage and call time, increased substantially due to the very …

Reliance Jio urges govt to reject telcos’ demand for bailout
5 years, 4 months ago

Reliance Jio urges govt to reject telcos’ demand for bailout

Live Mint  

Reliance Jio Infocomm Ltd on Thursday urged telecom minister Ravi Shankar Prasad not to grant any relief sought by rival telecom operators, a day after it said the telecom lobby’s call for relief does not reflect the industry view. Without specifically naming Bharti Airtel Ltd and Vodafone Idea Ltd, Jio alleged that the operators have enough funds to pay their …

SC verdict on AGR: COAI warns of telecoms sector catastrophe; says Airtel, Vodafone Idea will face 'unprecedented crisis'
5 years, 5 months ago

SC verdict on AGR: COAI warns of telecoms sector catastrophe; says Airtel, Vodafone Idea will face 'unprecedented crisis'

Firstpost  

India’s telecoms sector and leading players Bharti Airtel and Vodafone Idea will face an “unprecedented crisis” if the government refuses to relax its demand for $13 billion in outstanding dues, a lobby group says New Delhi: India’s telecoms sector and leading players Bharti Airtel and Vodafone Idea will face an “unprecedented crisis” if the government refuses to relax its demand …

Jio accuses Airtel, Vodafone-Idea of illegally masking wireline as mobile numbers; asks Trai to slap penalties
5 years, 5 months ago

Jio accuses Airtel, Vodafone-Idea of illegally masking wireline as mobile numbers; asks Trai to slap penalties

Firstpost  

Jio said it suspected that thousands of such numbers are operational in the market deployed by old operators, and also supplied the regulator with a list of such numbers in use for examination. New Delhi: Firing yet another salvo, Reliance Jio has accused other operators, including Bharti Airtel and Vodafone Idea, of fraudulently disguise wireline numbers as mobile numbers for …

Jio now charging users for outgoing calls, Airtel, Vodafone Idea tell users their calls still free
5 years, 5 months ago

Jio now charging users for outgoing calls, Airtel, Vodafone Idea tell users their calls still free

India Today  

The matter related to the Interconnect Usage Charge has escalated quickly over the last few weeks and it reached its ultimate moment when Jio announced that it's going to charge for outgoing calls to other networks in a bid to cover the IUC charges it has to pay to other operators. Vodafone Idea was the first to announce that it …

Govt change on IUC regime forces Jio users to pay 6 paisa per minute for rival network voice calls
5 years, 5 months ago

Govt change on IUC regime forces Jio users to pay 6 paisa per minute for rival network voice calls

Firstpost  

These charges are not applicable to calls made by Jio users to other Jio phones and to landline phones. Forced by regulatory uncertainty over a review of sunset clause for call termination charges, Reliance Jio on Wednesday announced it will charge customers 6 paise per minute for voice calls made to rival phone networks but will compensate them by giving …

Jio is number one operator by revenue market share, Airtel second
5 years, 7 months ago

Jio is number one operator by revenue market share, Airtel second

Live Mint  

India’s youngest and only profitable telecom operator Reliance Jio is now also the number one operator by revenue market share with 31.7% share of the adjusted gross revenue that the industry recorded in the April-June period. Last month, Jio overtook rival Bharti Airtel to become the country’s second largest operator in terms of mobile phone subscribers. According to data from …

Reliance mobile operator Jio to focus on subscriber numbers not tariffs
5 years, 8 months ago

Reliance mobile operator Jio to focus on subscriber numbers not tariffs

Live Mint  

India's Reliance Industries plans to remain focused on subscriber additions rather than chase higher tariffs for its Jio telecoms business, a top company executive said. "We have been telling you from the beginning, the priority for us today is customers," Jio's head of strategy, Anshuman Thakur, said in a news briefing late on Friday after quarterly results. Since its launch …

Jio is now second-largest telecom operator in India, leads overall broadband sector by 55 per cent market share
5 years, 8 months ago

Jio is now second-largest telecom operator in India, leads overall broadband sector by 55 per cent market share

India Today  

Every month, the Telecom Regulatory Authority of India comes up with a report on the statistics of the telecom sector. For May 2019, Vodafone Idea still stays on top with an overall market share of 33.36 per cent, thereby retaining the lead. The operator dropped to third place with an overall market share of 27.58 per cent. However, it has …

Jio pips Airtel to become No. 2 by user base
5 years, 8 months ago

Jio pips Airtel to become No. 2 by user base

Live Mint  

India’s youngest and only profitable telecom operator Reliance Jio Infocomm Ltd has overtaken rival Bharti Airtel to become the second largest operator in terms of subscribers to its mobile phone services, according to data from the Telecom Regulatory Authority of India made public on Friday. Jio, which entered the sector in September 2016, had 322.98 million users and 27.8% subscriber …

Jio gains 8 million new subscribers in April, Vodafone-Idea still lead the market
5 years, 9 months ago

Jio gains 8 million new subscribers in April, Vodafone-Idea still lead the market

India Today  

The telecom industry is seeing a lot of competition in recent times and despite the hard times, it's the consumers who are benefiting the most. In the recent market share report released by TRAI, Reliance Jio has gained the highest number subscribers - the figure stands at approximately 8 million. Vodafone-Idea manages to lose an average of 1.5 million subscribers …

Opinion | Reliance Jio’s spectacular rise
5 years, 11 months ago

Opinion | Reliance Jio’s spectacular rise

Live Mint  

Most people who spend even a little time in front of the idiot box would already know through Reliance Jio’s The sheer pace of Jio’s growth has been spectacular, to say the least, considering it began operations barely two-and-a-half years ago. Its entry caused an upheaval, wiping out some smaller players, and triggered mergers among others to bulk up and …

Airtel profit drops 72% in Q3 as pricing pressure from Jio continues
6 years, 1 month ago

Airtel profit drops 72% in Q3 as pricing pressure from Jio continues

Live Mint  

Bharti Airtel Ltd’s profit plunged 72% in the fiscal third quarter, weighed down by a continuing tariff war with Reliance Jio Infocomm Ltd in India. “Effective this quarter, we have modified our customer base measurement to represent only transacting and revenue generating customers,” said Gopal Vittal, managing director and chief executive, India and South Asia, Bharti Airtel. With this, Airtel’s …

Airtel profit drops 72% in Q3 as pricing pressure from Jio continues
6 years, 1 month ago

Airtel profit drops 72% in Q3 as pricing pressure from Jio continues

Live Mint  

Bharti Airtel Ltd’s profit plunged 72% in the fiscal third quarter, weighed down by a continuing tariff war with Reliance Jio Infocomm Ltd in India. “Effective this quarter, we have modified our customer base measurement to represent only transacting and revenue generating customers,” said Gopal Vittal, managing director and chief executive, India and South Asia, Bharti Airtel. With this, Airtel’s …

Has Reliance Jio become the largest telecom company in India yet?
6 years, 2 months ago

Has Reliance Jio become the largest telecom company in India yet?

Live Mint  

The Reliance Jio Infocomm Ltd juggernaut continues to gather steam. The market leader reported wireless revenue of around ₹11,300 crore in the September quarter, and it’s unlikely the revenue would have fallen over 8% sequentially in the December quarter. Jio had a revenue market share of around 31.4% in the September quarter using this measure, marginally short of Vodafone Idea’s …

Trai moves SC against TDSAT order on predatory pricing
6 years, 2 months ago

Trai moves SC against TDSAT order on predatory pricing

Live Mint  

New Delhi: The Telecom Regulatory Authority of India has approached the Supreme Court against an TDSAT order dismissing its predatory pricing tariff rule, the parliament was informed Wednesday. Under the predatory pricing tariff rule, Trai had barred telecom operator with over 30% market share, offering services at a price which is below the average cost of service to reduce competition …

Trai moves SC against TDSAT verdict on predatory pricing
6 years, 3 months ago

Trai moves SC against TDSAT verdict on predatory pricing

Live Mint  

New Delhi: A week after a telecom tribunal quashed the Telecom Regulatory Authority of India’s rules on predatory pricing and discounted offers, the regulator has appealed the tribunal’s verdict in the Supreme Court, arguing that it dismantles the regulatory framework for tariff assessment and places consumers at the mercy of service providers. The tribunal rejected Trai’s new definition of “significant …

TDSAT quashes Trai’s predatory pricing order in relief to Airtel, Vodafone Idea
6 years, 3 months ago

TDSAT quashes Trai’s predatory pricing order in relief to Airtel, Vodafone Idea

Live Mint  

New Delhi: India’s top telecom tribunal on Thursday quashed controversial rules on predatory pricing, in a relief for Bharti Airtel Ltd and Vodafone Idea Ltd, which had complained that the rules would benefit rival Reliance Jio Infocomm Ltd. The tribunal rejected Trai’s new definition of “significant market player”, besides sparing telecom firms from disclosing on their websites segmented offers or …

TDSAT quashes Trai’s predatory pricing order in relief to Airtel, Vodafone Idea
6 years, 3 months ago

TDSAT quashes Trai’s predatory pricing order in relief to Airtel, Vodafone Idea

Live Mint  

New Delhi: India’s top telecom tribunal on Thursday quashed controversial rules on predatory pricing, in a relief for Bharti Airtel Ltd and Vodafone Idea Ltd, which had complained that the rules would benefit rival Reliance Jio Infocomm Ltd. The tribunal rejected Trai’s new definition of “significant market player”, besides sparing telecom firms from disclosing on their websites segmented offers or …

Reliance Jio’s subscriber base increases to 20.8% in August
6 years, 4 months ago

Reliance Jio’s subscriber base increases to 20.8% in August

Live Mint  

Mumbai: Reliance Jio has been the only gainer in the telecom sector in August from a revenue-per-user as well as profitability perspectives, helping it increase the market share sweepstake to 20.8%, says a report. The Mukesh Ambani-led teleco’s market share rose to 20.8% in August from 19.6% in July, against Vodafone Idea’s subscriber market to 37.9%, making it the market …

Reliance Jio seen overtaking Vodafone Idea, Airtel to become India’s largest telecom firm by 2018-end
6 years, 5 months ago

Reliance Jio seen overtaking Vodafone Idea, Airtel to become India’s largest telecom firm by 2018-end

Live Mint  

If the strong subscriber addition continues at Reliance Jio Infocomm Ltd, it may soon emerge as the leading wireless telecom company in India. Reliance Jio’s net revenue may have crossed Bharti Airtel Ltd’s wireless revenue in India last quarter, according to analysts at Kotak Institutional Equities Research. Reliance Jio’s reported revenues of ₹ 92.4 billion are net of interconnect revenues …

Jio’s market share zooms after it raises stakes with higher capex
6 years, 6 months ago

Jio’s market share zooms after it raises stakes with higher capex

Live Mint  

In a market correction, stocks that had rallied the most typically fall more than stocks that are already beaten down. RIL isn’t exactly a telco stock; although it is true that a large part of the gains in the stock have accrued because of Reliance Jio’s steady upward march in the industry’s market share tables. In fact, subscriber numbers released …

How to bargain with Airtel for discounts before the Jio broadband launch
6 years, 6 months ago

How to bargain with Airtel for discounts before the Jio broadband launch

Live Mint  

It may not actually be like bargaining with your vegetable vendor, but Airtel is offering you discounts and free data only if you are smart enough to just give them a call and negotiate. As part of its retention strategy for customers who may be lured away by lucrative offers from Reliance Jio, which is offering free 100GB data for …

Reliance Jio seen eroding Vodafone Idea, not Airtel
6 years, 7 months ago

Reliance Jio seen eroding Vodafone Idea, not Airtel

Live Mint  

Ever since Reliance Jio Infocomm Ltd launched services in 2016, revenues of India’s wireless industry have been on a steady decline. The April-June quarter this year was another instance where Reliance Jio’s incremental revenues made up for the drop in others’ revenues. If revenues related to non-mobile businesses, such as fixed line, are knocked off using rough estimates, Reliance Jio’s …

Reliance Jio juggernaut: What next in this game of thrones?
6 years, 7 months ago

Reliance Jio juggernaut: What next in this game of thrones?

Live Mint  

Mumbai: Reliance Jio Infocomm Ltd is making life miserable for everyone—everyone, barring the consumer, that is. While four telecom firms have already folded up, Reliance Jio’s massive push to provide Indians with digital oxygen—which is how it refers to broadband data—is cutting the lifeline of even India’s largest telecom firms, including market leader Bharti Airtel Ltd. Behind Reliance Jio’s pricing …

With Reliance Jio in no mood to relent, losses to mount for Indian telcos
6 years, 8 months ago

With Reliance Jio in no mood to relent, losses to mount for Indian telcos

Live Mint  

The June quarter was fairly eventful for Indian telecom companies, at least as far as disruptive announcements by Reliance Jio Infocomm Ltd go. In the March quarter, revenues of Bharti Airtel Ltd and Idea Cellular Ltd’s India wireless operations had declined sequentially 3.7% and 5.7%, respectively. Idea, for instance, is estimated to report losses of ₹ 1,331 crore, according to …

COAI dubs Jio's fibre-based fixed line broadband a 'gamechanger', says it will 'revolutionise' ICT sector
6 years, 8 months ago

COAI dubs Jio's fibre-based fixed line broadband a 'gamechanger', says it will 'revolutionise' ICT sector

Firstpost  

Reliance Jio’s entry into the mobile segment in 2016 led to a bruising tariff war that dented the financial metrics of the incumbent operators. New Delhi: Industry body COAI – which has been at loggerheads with member Reliance Jio over a slew of issues in the past – on Thursday termed Jio’s fixed-line fibre broadband system as a “game changer” …

Reliance Jio may roil broadband this year as CLSA sees valuation boost
6 years, 11 months ago

Reliance Jio may roil broadband this year as CLSA sees valuation boost

Live Mint  

Mumbai: Mukesh Ambani’s plan to roll out broadband internet services to Indian households this year under Reliance Jio Infocomm Ltd has the potential to alter the segment’s competitive landscape, says credit rating company S&P Global Ratings. The new service may add $5 billion to parent company Reliance Industries Ltd’s valuation, according to CLSA India. Sukkawala sees Reliance Jio’s financial muscle …

India's telecom wars
7 years ago

India's telecom wars

The Hindu  

AS the shakeout in the Indian mobile telephony market continues, price wars are being complemented by verbal wars. But this is changing because over the top services that allow voice traffic to ride on data and Reliance Jio’s aggressive pricing of data access has seen data use and its share of data traffic rising sharply, even if revenues have not …

Telecom firms free to match Reliance Jio’s cheap tariffs, rules Trai
7 years, 1 month ago

Telecom firms free to match Reliance Jio’s cheap tariffs, rules Trai

Live Mint  

New Delhi: Bharti Airtel Ltd, Idea Cellular Ltd and Vodafone India Ltd are free to match tariffs offered by newcomer Reliance Jio Infocomm Ltd in circles where they have a dominant position and such actions will not be seen as predatory, two officials at the Telecom Regulatory Authority of India said. Incumbent operators also say that the change in Trai’s …

Consolidation phase over, telecom firms set for growth war
7 years, 1 month ago

Consolidation phase over, telecom firms set for growth war

Live Mint  

New Delhi: In the past 18 months, Reliance Jio Infocomm Ltd has triggered a bloody consolidation in the telecom sector, forcing incumbents to either match Reliance Jio’s offers or exit the market completely. Reliance Jio’s entry strategy has already worked for Mukesh Ambani, with the latest data made available by the telecom regulator showing that its market share has doubled …

2017: Year of turmoil for India's telecom sector; GST, market disruption bleed companies' balance-sheets
7 years, 3 months ago

2017: Year of turmoil for India's telecom sector; GST, market disruption bleed companies' balance-sheets

Firstpost  

Reliance Jio continued to disrupt telecom market with its free or low-priced offers while three or four majors fought for the pie tooth and nail New Delhi: It was a year of turmoil for the hyper-competitive Indian telecom sector as the balance-sheets of many major players kept bleeding, prompting the government to form an panel to chalk out plans to …

Tariff hike by Reliance Jio has delighted incumbents like and Airtel and Idea. Here's why
7 years, 5 months ago

Tariff hike by Reliance Jio has delighted incumbents like and Airtel and Idea. Here's why

India TV News  

Reliance Jio’s move to increase tariffs has come as much-needed reprieve for incumbent mobile telecom firms which have been bleeding as a result of the new entrant’s disruptive prices and freebie offers. Last week, Jio reduced the validity period on its popular Rs 399 plan from 84 days to 70 days, implying a 20 per cent price increase. On Monday, …

In veiled reference to Jio, Anil Ambani says telecom sector heading from choice-driven market to monopoly
7 years, 6 months ago

In veiled reference to Jio, Anil Ambani says telecom sector heading from choice-driven market to monopoly

India TV News  

With the entry of Reliance Jio, headed by brother Mukesh Ambani, leading to spiraling losses for Reliance Communications, Anil Ambani has warned that the wave of consolidation in the telecom sector was going to lead to fewer options for consumers. Addressing shareholders at RCom’s annual general meeting on Tuesday, Ambani said that the various mergers in the works may put …

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