Telecom stocks soar on tariff hikes, Bharti Airtel scrip hits 52-week high
5 years, 3 months ago

Telecom stocks soar on tariff hikes, Bharti Airtel scrip hits 52-week high

Live Mint  

Telecom shares, led by Bharti Airtel Ltd, were lapped up in Monday’s trade as investors cheered Sunday’s announcement by the country’s three private sector operators that they would hike pre-paid tariffs of their call and data packs. Airtel and Vodafone’s tariff hikes are effective Tuesday, while those of Reliance Jio come into force on Friday. The operators have also tweaked their data offerings to make sure the price hikes don’t force customers to shift to a lower tariff pack. Industry body Cellular Operators Association of India doesn’t foresee any impact on affordability as it believes consumers are already paying well in excess of the new tariffs with substantially less consumption of voice and data.

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History of this topic

Reliance vs Bharti Airtel: Which telecom stock to buy after Elon Musk’s SpaceX tie-up buzz?
2 weeks ago

Reliance vs Bharti Airtel: Which telecom stock to buy after Elon Musk’s SpaceX tie-up buzz?

Live Mint  

Reliance vs Bharti Airtel: Over the last two days, India's two biggest telecom players- Bharti Airtel and Reliance-owned Jio Platforms have announced their deals with Elon Musk's SpaceX to bring high-speed satellite internet service Starlink to India. Bharti Airtel on March 11 said it had signed an agreement with SpaceX to bring high-speed satellite internet service Starlink to India followed …

Airtel and Jio team up with SpaceX to bring Starlink: What it means for telcos
2 weeks, 1 day ago

Airtel and Jio team up with SpaceX to bring Starlink: What it means for telcos

India Today  

Reliance Jio and Bharti Airtel have signed agreements with SpaceX to distribute Starlink’s satellite internet services in India. Dayanand Mittal, an analyst at JM Financial Research, said, "As of now, the agreement seems limited to Bharti and Jio distributing Starlink’s satellite broadband services through their extensive retail network, mainly for B2C and B2B customers in rural and remote areas. Mittal …

Airtel and Reliance lose early market gains from Starlink partnership after IT stocks drag markets down
2 weeks, 1 day ago

Airtel and Reliance lose early market gains from Starlink partnership after IT stocks drag markets down

Hindustan Times  

Shares of Bharti Airtel and Reliance Industries dipped into the red after rising earlier due to the overall market sentiment turning negative as the trading session for the day progressed. At 11:30 am IST, Bharti Airtel shares were down 0.84% or by ₹13.90, trading at ₹1,647.30, while Reliance Industries shares were trading at ₹1,247.10, which is down 0.02% or by …

Should you buy Reliance shares as Jio announces a deal with Elon Musk’s SpaceX?
2 weeks, 1 day ago

Should you buy Reliance shares as Jio announces a deal with Elon Musk’s SpaceX?

Live Mint  

Telecom player Jio Platforms, owned by conglomerate Reliance Industries, announced on March 12 that it will bring Elon Musk’s satellite-based internet service Starlink to India, a day after rival Bharti Airtel made a similar announcement. The collaboration between Jio and Elon Musk's SpaceX aims to provide reliable internet services across the country, including in India's most rural and remote regions. …

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 …

Bharti Airtel share price gains 4% post Q3 results. Do you own it?
1 month, 2 weeks ago

Bharti Airtel share price gains 4% post Q3 results. Do you own it?

Live Mint  

Stock Market Today: Bharti Airtel share price gained close to 4% in the morning trade on Friday, February 7 following the Q3 results announcement. Bharti Airtel Q3 Results Bharti Airtel helped by a one-time gain from Indus Towers becoming its subsidiary in November, recorded a huge profit beat, with a net profit of ₹14,760 crore for the quarter ended December …

Further tariff repair is needed for the telecom industry; ARPU in India continues to be the lowest globally: Gopal Vittal
1 month, 3 weeks ago

Further tariff repair is needed for the telecom industry; ARPU in India continues to be the lowest globally: Gopal Vittal

New Indian Express  

NEW DELHI: Bharti Airtel hinted at another tariff hike on Friday, citing the lowest ARPU for telecom service providers in India. Gopal Vittal, Vice Chairman and Managing Director of Bharti Airtel, said during the third-quarter investor call that further tariff repair is necessary for the industry to achieve financial stability. Bharti Airtel, India's second-largest telecom service provider, reported a more …

Telcos ask govt. to remove import duties on telecom equipment
2 months, 1 week ago

Telcos ask govt. to remove import duties on telecom equipment

The Hindu  

The Cellular Operators Association of India, which represents Bharti Airtel Ltd., Reliance Jio Infocomm Ltd. and Vodafone Idea Ltd., called on the Union government to scrap import duties on telecom equipment. “Until high-quality equipment is available domestically at competitive prices, we urge the government to reduce customs duties for 4G and 5G network products, as well as other related items, …

Jio, Airtel, Vodafone Idea may hike tariffs this year: Check details
2 months, 1 week ago

Jio, Airtel, Vodafone Idea may hike tariffs this year: Check details

Hindustan Times  

Jio, Bharti Airtel and Vodafone Idea may hike tariffs again this year by 10%, The Financial Express reported citing analysts. The tariff hikes may lead to an an increase in average revenue per user by atleast 25%, which can hep in expansion and growth for the sector in 2025. "Moreover, with the government being the largest stakeholder, VIL may also …

Telecom Q3 results preview: Another healthy quarter likely led by residual flow-through tariff hike
2 months, 2 weeks ago

Telecom Q3 results preview: Another healthy quarter likely led by residual flow-through tariff hike

Live Mint  

Telecom Q3FY25 Results Preview: Telecom companies are expected to report firm revenue and EBITDA growth for the third quarter of the financial year 2024-25, suggests brokerages. Domestic brokerage JM Financial, in its latest note, forecasts Jio, Bharti Airtel, Bharti Hexacom, and Vodafone Idea to achieve EBITDA growth of 4-6% QoQ, driven by the continued pass-through of the tariff hike to …

Stocks to buy or sell: Osho Krishan of Angel One suggests buying Bharti Airtel, RIL today - 9 January 2025
2 months, 2 weeks ago

Stocks to buy or sell: Osho Krishan of Angel One suggests buying Bharti Airtel, RIL today - 9 January 2025

Live Mint  

Stock Market News: The domestic benchmark indices, Sensex and Nifty 50, fell in early trading on Thursday due to ongoing outflows from foreign funds, as investors remained cautious ahead of the upcoming earnings season. Nifty 50 Outlook by Osho Krishan, Sr. Analyst, Technical & Derivatives, Angel One The decline in mid-cap and small-cap stocks negatively affected overall market sentiment, causing …

Airtel Gains Subscribers While Jio and Vodafone Idea Lose; BSNL Sees Small Growth in October 2024
3 months ago

Airtel Gains Subscribers While Jio and Vodafone Idea Lose; BSNL Sees Small Growth in October 2024

New Indian Express  

NEW DELHI: For the first time since the tariff hike announced by private telecom operators in July 2024, Bharti Airtel added 1.9 million subscribers in October 2024. However, Reliance Jio, India's largest telecom service provider, continued to lose subscribers, with a loss of 3.76 million, while Vodafone Idea Limited lost around 1.97 million customers. Vodafone Idea, India's third-largest telecom operator, …

BSNL fast losing its post-tariff hike charm, subscribers return to Jio and Airtel
Trending News
3 months, 2 weeks ago

BSNL fast losing its post-tariff hike charm, subscribers return to Jio and Airtel

India TV News  

All the major telecom operators in India including Jio, Airtel and Vi hikes their tariff plans in July this year. However, in the recent days, Reliance Jio, Bharti Airtel, and Vodafone Idea have seen fewer customers switching to BSNL, according to a report from IIFL Securities. Meanwhile, for the third consecutive month in September, Jio, Airtel, and Vodafone Idea experienced …

Steelman Telecom stock hits 20% upper circuit after company wins ₹147 crore Reliance Jio order
3 months, 3 weeks ago

Steelman Telecom stock hits 20% upper circuit after company wins ₹147 crore Reliance Jio order

Live Mint  

Shares of Steelman Telecom were locked at the 20 per cent upper circuit limit in Wednesday's trade, December 4, hitting a one-month high of ₹154.80 apiece. In an exchange filing on Tuesday, the company informed investors that it had received an order worth ₹147 crore to provide frontend, backend, and supervisory teams for the maintenance of indoor small cells, indoor …

India's Private Telcos Lose 1 Cr Users, BSNL Gains
4 months ago

India's Private Telcos Lose 1 Cr Users, BSNL Gains

Deccan Chronicle  

New Delhi: India's three private telecom majors -- Bharti Airtel, Vodafone Idea and Reliance Jio -- have witnessed a staggering loss of over 1 crore customers in the month of September, while public sector telecom firm Bharat Sanchar Nigam Limited gained some customers, adding over 8 lakh new subscribers in the same month. As per the latest report by the …

Airtel to Implement More Tariff Hikes in Telecom Sector: CEO
4 months, 4 weeks ago

Airtel to Implement More Tariff Hikes in Telecom Sector: CEO

New Indian Express  

Bharti Airtel CEO Gopal Vittal has confirmed that the telecom sector will see more tariff hikes in the near future. He stated that Airtel has already undergone 31 rounds of tariff hikes and that more are planned to improve the industry. However, Vittal downplayed the impact of this subscriber loss, describing it as milder than previous instances.

Early signs of tariff hike encouraging, no major impact on telecom users: Vittal
7 months, 3 weeks ago

Early signs of tariff hike encouraging, no major impact on telecom users: Vittal

New Indian Express  

NEW DELHI: The early signs of the tariff hike by telecom service providers are encouraging, and it has not had a significant impact on telecom subscribers, said Gopal Vittal, managing director of Bharti Airtel, on Tuesday. Vittal, speaking during the company’s first quarterly earnings call, noted that there was no major SIM consolidation following the tariff hike in July 2024, …

Tariff hike complies with regulatory framework: Department of Telecommunications
8 months, 2 weeks ago

Tariff hike complies with regulatory framework: Department of Telecommunications

New Indian Express  

NEW DELHI: A day after the Congress party criticised the government over the tariff hike by telecom service providers, the Ministry of Communication defended the increase, mentioning that the hike complies with the prescribed regulatory framework. In a press statement issued in response to the Congress party’s claims that consumers would face an additional burden of Rs 34,824 crore due …

Tariff hike by telecom companies complies with the prescribed regulatory framework: DoT
8 months, 3 weeks ago

Tariff hike by telecom companies complies with the prescribed regulatory framework: DoT

New Indian Express  

NEW DELHI: A day after the Congress party criticised the government over the tariff hike by telecom service providers, the Ministry of Communication defended the increase, mentioning that the hike complies with the prescribed regulatory framework. 34,824 crore due to the tariff hike, the Department of Telecommunications clarified that telecom service providers have raised mobile service prices after more than …

BSNL unable to compete with telcos without 4G, 5G services, check tariff hike: Employees Union to Centre
8 months, 3 weeks ago

BSNL unable to compete with telcos without 4G, 5G services, check tariff hike: Employees Union to Centre

New Indian Express  

NEW DELHI: State-run BSNL is unable to compete with private telecom operators in the absence of 4G and 5G services due to which there is no restraint on mobile service providers from raising tariff, BSNL Employees Union said on Tuesday. BSNL Employees Union in a letter to the union communications minister Jyotiraditya Scindia said that the recent tariff hike by …

After Rel Jio, Bharti Airtel, Vi hike mobile tariffs by upto 24%
8 months, 3 weeks ago

After Rel Jio, Bharti Airtel, Vi hike mobile tariffs by upto 24%

Deccan Chronicle  

New Delhi : After Reliance Jio, Bharti Airtel and Vodafone Idea on Friday announced that the companies would hike its mobile tariff to 11-21 per cent and 11-24 per cent respectively in both the prepaid and postpaid services across the country. As per the different plans for the telco, the rate of daily data add-on will see an increase by …

Bharti Airtel raises prices after Reliance Jio hikes: These are the new prices
8 months, 3 weeks ago

Bharti Airtel raises prices after Reliance Jio hikes: These are the new prices

Hindustan Times  

Bharti Airtel, India’s second-biggest phone carrier, said it would raise prices of its mobile plans. The price hike on an average is an increase of less than 70 paise per day for Airtel’s base plans, the company said in its stock exchange statement. Airtel's price hikes come after Jio, India's largest telecom operator, announced a 12-27% hike in mobile tariffs …

Bharti Airtel announces 10-21 per cent hike in mobile tariffs from July 3
9 months ago

Bharti Airtel announces 10-21 per cent hike in mobile tariffs from July 3

New Indian Express  

NEW DELHI: Bharti Airtel on Friday announced between 10-21 per cent hike in mobile tariffs, a day after larger rival Reliance Jio announced an increase in rates. "We have ensured that there is a very modest price increase on entry-level plans, to eliminate any burden on budget challenged consumers," the Sunil Mittal-led telecom firm said announcing the revision in mobile …

After Reliance Jio, Bharti Airtel announces tariff hike for its prepaid and postpaid plans
9 months ago

After Reliance Jio, Bharti Airtel announces tariff hike for its prepaid and postpaid plans

New Indian Express  

NEW DELHI: A day after Reliance Jio announced a tariff hike for its prepaid and postpaid plans, Bharti Airtel, India's second-largest telecom service provider, followed suit and announced a tariff hike of up to 21% for all its prepaid and postpaid plans. “Bharti Airtel has maintained that the mobile Average Revenue per User needs to be upwards of Rs. We …

Telcos may report flattish revenues in Jan-Mar; tariff hikes, VI fundraise eyed
11 months, 1 week ago

Telcos may report flattish revenues in Jan-Mar; tariff hikes, VI fundraise eyed

Live Mint  

Indian telecom operators Reliance Jio, Bharti Airtel and Vodafone Idea are expected to report largely steady revenues for the quarter ended 31 March, but the first half of the current fiscal year will see them put up a better show, buoyed by likely tariff hikes. Indus Towers, a leading telecom infrastructure provider, is expected to report relatively better numbers, boosted …

Bharti Airtel ARPU set to soar? Check out the numbers amidst fierce Reliance Jio rivalry
11 months, 2 weeks ago

Bharti Airtel ARPU set to soar? Check out the numbers amidst fierce Reliance Jio rivalry

Hindustan Times  

The Indian telecom sector has seen immense fortunes being made and lost and now, after years of consolidation, the country has three major telecom operators left in the form of Bharti Airtel, Reliance Jio and Vodafone Idea. Now, it is being reported that Bharti Airtel ARPU is expected to see some growth going forward. Bharti Airtel ARPU is set for …

Airtel arm Bharti Hexacom IPO possible in April, gets Sebi nod: Top things you need to know about the issue
1 year ago

Airtel arm Bharti Hexacom IPO possible in April, gets Sebi nod: Top things you need to know about the issue

Hindustan Times  

Bharti Hexacom, which is owned by telecom major Bharti Airtel, could likely bring its IPO in April first week, seeking valuation of over ₹28,000 crore, CNBC-TV18 reported. The IPO size could be around ₹4,300 crore, the report added after Bharti Hexacom received approval from the Securities and Exchange Board of India to go ahead with its IPO plans. Bharti Hexacom …

RIL trades flat ahead of 46th AGM at 2 pm today; Jio Financial surges 5%
1 year, 6 months ago

RIL trades flat ahead of 46th AGM at 2 pm today; Jio Financial surges 5%

Business Standard  

Shares of Reliance Industries Limited were flat at Rs 2,483 apiece on the BSE in Monday's intra-day trade ahead of 46th annual general meeting. As of 10:55 am, shares of JFSL were up 4.7 per cent to Rs 222 apiece on the BSE, while the stock clinched itself as top Nifty50 performer, up 3.7 per cent on the NSE. In …

Reliance share price may see 35% upside: Jefferies
1 year, 9 months ago

Reliance share price may see 35% upside: Jefferies

Live Mint  

Reliance Industries share price gained on Wednesday after Jefferies maintained a Buy rating on the stock as it sees faster revenue growth in the retail segment and accelerated broadband traction in Jio. However, in its upside scenario, Jefferies expects the stock to reach ₹3,450, assuming recovery in GRMs and petchem margins ahead of its estimates and faster consolidation in telecom, …

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 …

Telecom Subscriber Base In India Grows Marginally In January: TRAI
1 year, 11 months ago

Telecom Subscriber Base In India Grows Marginally In January: TRAI

News 18  

New Delhi, Mar 31: The telecom subscriber base in the country grew marginally to 1,170.75 million in January, driven by net customer gain in the fixed line segment, according to a sector regulator Trai report released on Friday. Even though Reliance Jio and Bharti Airtel jointly added 0.29 million new customers, the gain was offset by BSNL and Vodafone Idea …

Jio eyes new horizons with cheap fiber plan
1 year, 11 months 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, …

Bharti Airtel to increase mobile phone call and data rates across all plans this year
2 years ago

Bharti Airtel to increase mobile phone call and data rates across all plans this year

Hindustan Times  

Bharti Airtel is looking to raise mobile phone call and data rates across all plans this year, telecom firm's Chairman Sunil Bharti Mittal said here. Mittal said India's focus on economy and infrastructure is paying rich dividends to the companies. Mittal said the government has done a lot to make telecom industry infrastructure healthy with support to BSNL and Vodafone …

Vodafone Idea says industry needs tariff increases at regular intervals
2 years, 7 months ago

Vodafone Idea says industry needs tariff increases at regular intervals

Hindustan Times  

Struggling telecom operator Vodafone Idea Ltd says the industry needs to raise mobile tariffs at regular intervals as the sector still operates at unsustainably low prices and revisions will allow it to generate reasonable returns and support future investments. "The company thus believes that the industry will have to further raise tariffs at regular intervals, which is essential for operators …

How 5G spectrum win can drive Reliance Industries’ stock
2 years, 7 months ago

How 5G spectrum win can drive Reliance Industries’ stock

Live Mint  

Reliance Jio emerged as the top spender in India's 5G spectrum auction received a record ₹1.5 lakh crore of bids. While 5G SA still lags in terms of handsets, equipment and application, BofA finds Jio better placed than its peers to offer differentiated service. BofA's Buy rating on RIL shares comes with a target price of ₹2,820 apiece, which it …

Reliance Jio adds 31 lakh new mobile users in May, says TRAI data
2 years, 8 months ago

Reliance Jio adds 31 lakh new mobile users in May, says TRAI data

Live Mint  

Private telecom operator firm Reliance Jio has cemented its lead in the Indian telecom market as it gained over 31 lakh mobile subscribers in May, says the sector regulator on 19 July. According to monthly subscriber data by Telecom Regulatory Authority of India, Reliance Jio gained 31.11 lakh wireless subscribers, taking its mobile customer count to 40.87 crore. Earlier on …

Telecom companies to hike tariffs again
2 years, 9 months ago

Telecom companies to hike tariffs again

Live Mint  

India's top three private telecom providers - Bharti Airtel, Reliance Jio and Vodafone Idea - are likely raise tariffs again in the second half of this fiscal year, says a report. According to a report released on May 31, India's top three private telecom providers will raise tariffs again in the second half of this fiscal year, resulting in revenue …

Jio surpassed BSNL, becomes Largest Wired Broadband Provider with 4.34 Million Subscribers: TRAI Reports
3 years, 2 months ago

Jio surpassed BSNL, becomes Largest Wired Broadband Provider with 4.34 Million Subscribers: TRAI Reports

India TV News  

Highlights Total broadband subscribers of Reliance Jio stood at 432.96 million in November 2021 BSNL had 8.69 million wired broadband customers in September 2019 which reduced almost half Top five service providers constituted 98.68 per cent market share of the total broadband subscriber Reliance Jio started rolling out its commercial fixed-line broadband service near 2 years back. It was reported …

Tariff hikes, moratorium on government dues to help telcos invest more aggressively in 5G tech: Report
3 years, 3 months ago

Tariff hikes, moratorium on government dues to help telcos invest more aggressively in 5G tech: Report

The Hindu  

The announced tariff hikes by the telcos could boost their operating profits by at least 40% and coupled with the moratorium on government dues, will help them invest more aggressively into 5G technology, says a report. Tariff hikes to lift the EBITDA, or earnings before interest, taxes, depreciation, and amortisation, of telcos by 40% and along with the moratorium on …

Bharti Airtel hikes prepaid tariff by up to 25%
3 years, 4 months ago

Bharti Airtel hikes prepaid tariff by up to 25%

The Hindu  

Bharti Airtel on Monday announced it was raising prepaid tariffs by up to 25% with effect from November 26, reasoning that the move had been necessitated by the need to increase mobile revenues so as to safeguard the business's financial health. “Bharti Airtel has always maintained that the mobile Average Revenue Per User needs to be at ₹200 and ultimately …

Bharti Airtel announces revised mobile tariffs. Details here
3 years, 4 months ago

Bharti Airtel announces revised mobile tariffs. Details here

Live Mint  

Telecom service provider Bharti Airtel today said it has decided to revise its prepaid tariffs with effect from November 26, 2021. “Bharti Airtel has always maintained that the mobile Average Revenue Per User needs to be at ₹200 and ultimately at ₹300, so as to provide a reasonable return on capital that allows for a financially healthy business model,” the …

Jio, Airtel add mobile subscribers in July, VIL loses 14.3 lakh users: Trai data
3 years, 6 months ago

Jio, Airtel add mobile subscribers in July, VIL loses 14.3 lakh users: Trai data

Firstpost  

Reliance Jio gained 65.1 lakh subscribers in July cementing its market lead, while Bharti Airtel added 19.42 lakh customers during the month. New Delhi: India’s largest telecom operator Reliance Jio added mobile subscribers at a scorching pace in July, outpacing rivals, and Airtel also spruced up its user tally, even as Vodafone Idea lost 14.3 lakh customers, according to data …

Bharti Airtel’s re-rating hinges on decent tariff hikes, capex control
3 years, 6 months ago

Bharti Airtel’s re-rating hinges on decent tariff hikes, capex control

Live Mint  

After a significant equity dilution over the past two years, Bharti Airtel’s unexpected announcement of another fundraising did seem a bit too soon. But chairman Sunil Mittal assured investors in a conference call that fundraising through the rights issue was to fund new growth avenues and data centres among other initiatives. Note that Bharti’s fundraise of ₹21,000 crore through a …

‘Spectrum will boost Jio, Bharti’s market share’
4 years ago

‘Spectrum will boost Jio, Bharti’s market share’

The Hindu  

The strengthening of spectrum footprints by Bharti Airtel and Reliance Jio in the just-concluded auctions is expected to yield market share gains for the two telcos, arming them with sustainable advantage in the long run and for 5G play, according to analysts. With the auctions completed, it would be key to monitor Vodafone Idea Ltd.’s balance sheet and its potential …

Telcos may recover in Q2 with uptick in Arpu
4 years, 5 months ago

Telcos may recover in Q2 with uptick in Arpu

Live Mint  

Telecom operators are expected to post better numbers for July-September, in which key metrics such as average revenue per user may improve with both physical and digital recharges picking up and low-end feature phone users such as migrant workers returning to work as the economy reopens. More recharges, additions to the 4G network, and some reversal of SIM card consolidation …

Vodafone Idea, Airtel lose over 59 lakh mobile users in June; Jio adds 45 lakh: Trai data
4 years, 6 months ago

Vodafone Idea, Airtel lose over 59 lakh mobile users in June; Jio adds 45 lakh: Trai data

India TV News  

Vodafone Idea Ltd and Airtel lost about 48.2 lakh and 11.3 lakh users, respectively, in June, even as rival Reliance Jio added nearly 45 lakh customers strengthening its hold in the mobile telephony market, Trai's subscriber tally for the month showed. India's overall wireless subscriber base shrunk by 0.28 per cent to 114 crore at the end of June 2020, …

Reliance Jio-Facebook deal: 'Unlikely to spark any fresh round of tariff war', says brokerage firm Jefferies
4 years, 11 months ago

Reliance Jio-Facebook deal: 'Unlikely to spark any fresh round of tariff war', says brokerage firm Jefferies

Firstpost  

Reliance Jio’s tariffs are already at a 7-20 percent discount to those of peers. There is unlikely to be a fresh round of tariff war with Facebook inking $5.7 billion investment in Reliance Industries’ subsidiary Jio Platforms. Jefferies analysts Akshat Agarwal and Pratik Chaudhuri point out that Reliance Jio’s tariffs are already at a 7-20 percent discount to those of …

Reliance Jio opposes BSNL, MTNL suggestion for floor price exemption
5 years ago

Reliance Jio opposes BSNL, MTNL suggestion for floor price exemption

India TV News  

Reliance Jio has opposed the suggestion of BSNL and MTNL to exempt telecom operators having less than 15 per cent market share from minimum rates for phone calls and data services. "We also oppose the BSNL/MTNL suggestion on exemption from floor when the market share based on VLR subscriber is less than 15 per cent, as the same is totally …

Reliance Jio becomes biggest telecom operator in India by subscriber base, Vodafone Idea now second
5 years, 2 months ago

Reliance Jio becomes biggest telecom operator in India by subscriber base, Vodafone Idea now second

India Today  

After three years of its official entry into the telecom sector, Mukesh Ambani owned Reliance Jio has now become the biggest telecom operator in India in terms of subscribers, as well as, revenue market share. As per the latest information released by TRAI, Reliance Jio has become the largest telecom operator in India after it added 5.6 million mobile subscribers …

Telcos seen reviving after 3 years of price wars: Report
5 years, 2 months ago

Telcos seen reviving after 3 years of price wars: Report

India TV News  

After a prolonged period of pain, the Indian telecom sector has got a fresh lease of life, thanks to the recent unprecedented tariff hikes and the government's efforts to revive profitability, a brokerage firm report said on Tuesday. This could be a turning point for the industry, wherein incremental capital commitment would decline with players agreeing on better tariffs," a …

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