Articles for Reliance Telecom

Tariff hike complies with regulatory framework: Department of Telecommunications
6 months, 1 week 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 …

Hike Tariff Tariff Hike Telecom Service Providers
RIL Q1 results tomorrow; telecom, retail to lend support to earnings
1 year, 5 months ago

RIL Q1 results tomorrow; telecom, retail to lend support to earnings

Live Mint  

The June quarter results of Reliance Industries may come on the softer side due to the subdued performance of the O2C segment. For the O2C segment, Motilal also expects EBITDA at ₹18,400 crore, down 17 per cent YoY and up 2 per cent QoQ. Brokerage firm Nuvama Wealth Management expects RIL’s consolidated EBITDA to decline one per cent YoY and …

Retail Jio Reliance Industries Cent Qoq Firm Yoy
‘Will empower every nook and corner of India by Dec 2023’: Mukesh Ambani at launch of 5G tech
2 years, 3 months ago

‘Will empower every nook and corner of India by Dec 2023’: Mukesh Ambani at launch of 5G tech

Firstpost  

The exhibition was inaugurated by Prime Minister Narendra Modi on Saturday ahead of the formal launch of 5G mobile telephony services in India. He started with Reliance Jio’s stalls, where he witnessed the ‘True 5G’ devices displayed and experienced the use case through Jio Glass New Delhi: Industrialist Mukesh Ambani on Saturday announced that his telecom company Reliance Jio will …

Technology India Tech Services Launch Mobile Jio
Mukesh Ambani says Jio will launch 5G services across India by December 2023
2 years, 3 months ago

Mukesh Ambani says Jio will launch 5G services across India by December 2023

Hindustan Times  

Reliance Industries chairman Mukesh Ambani on Saturday said Jio will launch 5G telephony services across India by December 2023. "I make a promise to deliver 5G to every town, every taluka by December 2023," Ambani said at the 6th India Mobile Congress at Pragati Maidan in New Delhi. Prime Minister Narendra Modi launched the 6th India Mobile Congress and launched …

India Ambani Mukesh Ambani 5G Services
PM Modi to launch 5G services on Oct 1
2 years, 3 months ago

PM Modi to launch 5G services on Oct 1

Hindustan Times  

New Delhi HT Image Prime Minister Narendra Modi will launch 5G services in India at the India Mobile Congress on October 1, people aware of the matter said on Saturday, a month after Union minister asked all telecom service providers to prepare for the roll-out of the service. The Prime Minister will inaugurate the four-day event next month, where leading …

India Delhi Mumbai Kolkata Telecom Services Chennai
RIL Q3 Results: Profit Jumps 42% to Rs 18,549 cr, Revenue Rises to Rs 1,91,271 cr
2 years, 11 months ago

RIL Q3 Results: Profit Jumps 42% to Rs 18,549 cr, Revenue Rises to Rs 1,91,271 cr

News 18  

Billionaire Mukesh Ambani owned, oil to chemical, telecom and retail conglomerate, Reliance Industries, on January 21 reported a consolidated profit after tax of Rs 18,549 crore for the quarter ended December 2021, up 42 per cent from Rs 13,101 crore registered in the corresponding quarter of the last financial year. The company had reported a profit of Rs 13,680 crore …

Reliance Industries Crore
Fact Check: Conspiracy theory on bird flu linking bird deaths to Jio 5G trial goes viral
4 years ago

Fact Check: Conspiracy theory on bird flu linking bird deaths to Jio 5G trial goes viral

India Today  

Amid the bird flu scare in the country, a viral message on social media claims that birds are actually dying due to 5G tests conducted by Reliance Jio and people are being misled to believe that bird flu is spreading in India. Several Twitter and Facebook users have posted a message in Hindi which translates to, "Birds are dying due …

India Birds Jio Bird Viral Bird Flu Flu
Reliance shares gain nearly 2% as Mukesh Ambani hints rolling out 5G services
4 years, 1 month ago

Reliance shares gain nearly 2% as Mukesh Ambani hints rolling out 5G services

India TV News  

Shares of Reliance Industries Limited on Tuesday rose nearly 2 per cent after Mukesh Ambani hinted at rolling out 5G telecom services in the second half of 2021. Billionaire Mukesh Ambani on Tuesday hinted at rolling out 5G telecom services in the second half of 2021 and said policy steps are needed to accelerate the early rollout of ultra-high-speed 5G …

India Services Jio Reliance Mukesh Ambani 5G Services
Higher telecom and retail revenues cushion Reliance Industries in Q2
4 years, 2 months ago

Higher telecom and retail revenues cushion Reliance Industries in Q2

Live Mint  

Mukesh Ambani-led Reliance Industries on Friday beat estimates as it posted consolidated net profit at ₹9,567 crore for the second quarter ended September. On Friday, Reliance’s retail arm reported revenue of ₹41,100 crore crore in the September quarter, on par with the revenue reported in the year-ago period but improving from the ₹31,620 crore reported in the June 2020 quarter …

Jio Crore Quarter Strong Reliance Retail Revenues
RCom insolvency: Lenders approve Rs 23,000 cr resolution plan; Chinese banks to get major share
4 years, 10 months ago

RCom insolvency: Lenders approve Rs 23,000 cr resolution plan; Chinese banks to get major share

Firstpost  

New Delhi: With lenders approving a Rs 23,000 crore resolution plan for Reliance Communication, as much as Rs 5,500 crore will flow to Chinese banks, clearing about 55 percent of their principal dues, including of those lenders to whom firm’s promoter Anil Ambani had allegedly given a personal guarantee. In a regulatory filing, RCom said “that in the e-voting conducted …

Resolution Jio Plan Crore Chinese Banks Limited
DCC approves Rs 3,050 cr penalty on Bharti Airtel, Vodafone Idea for attempted 'stifling' of Reliance Jio; telecom operators plan legal recourse
5 years, 5 months ago

DCC approves Rs 3,050 cr penalty on Bharti Airtel, Vodafone Idea for attempted 'stifling' of Reliance Jio; telecom operators plan legal recourse

Firstpost  

The incumbent telecom operators said they are exploring all options, including legal recourse, to protect their interest. The Digital Communications Commission, the telecom department’s apex decision-making body, on Wednesday approved imposing a cumulative penalty of Rs 3,050 crore on Bharti Airtel and Vodafone Idea for not providing points of interconnection to Reliance Jio. Vodafone Idea reacts to penalty in POI …

India Legal Telecom Penalty Interconnection Jio Pti
Vodafone Idea eyes 100% network integration by June 2020
5 years, 10 months ago

Vodafone Idea eyes 100% network integration by June 2020

Live Mint  

New Delhi: India’s largest telecom operator Vodafone Idea Ltd is ahead of time in unifying its assets across its two telecom brands Vodafone and Idea and aims to complete the entire network integration by June 2020, a senior company official said. Vodafone Idea continues to incur huge losses as pricing pressure from Reliance Jio continues unabated. During the December quarter, …

India Integration Network Vodafone Idea Reliance Jio Network Integration
Ericsson-RCom case: Supreme Court holds Anil Ambani guilty of contempt, asks him to pay dues of Rs 453 cr in 4 weeks
5 years, 10 months ago

Ericsson-RCom case: Supreme Court holds Anil Ambani guilty of contempt, asks him to pay dues of Rs 453 cr in 4 weeks

Firstpost  

The RCom chairman and others will have to purge contempt by paying Rs 453 crore to Ericsson in four weeks, the Supreme Court said. The Supreme Court on Wednesday held Reliance Communication chairman Anil Dhirubhai Ambani and others guilty of contempt in a plea filed by Ericsson India over not clearing its dues of Rs 550 crore. The Supreme Court …

Supreme Court Court Pay Crore Supreme Dues Cnbc
Breaking: SC Holds Anil Ambani Guilty Of Contempt; No Jail If Reliance Pays Ericsson Rs 453 Crores In 4 Weeks [Read Judgment]
5 years, 10 months ago

Breaking: SC Holds Anil Ambani Guilty Of Contempt; No Jail If Reliance Pays Ericsson Rs 453 Crores In 4 Weeks [Read Judgment]

Live Law  

The Supreme Court bench of Justices R F Nariman and Vineet Saran has held Anil Ambani, Chairman of Reliance Communications, guilty of contempt of court for defaulting payments to Ericsson as per the undertaking given to the Court.The three Reliance Companies - RCom, Reliance Telecom and Reliance InfraTel- are also held guilty of contempt, and fine of Rs One Crore …

Court Contempt Ambani Ericsson Undertaking Reliance Telecom Reliance Companies
Opinion | Mukesh Ambani vs Jeff Bezos is the bout that had to happen
5 years, 11 months ago

Opinion | Mukesh Ambani vs Jeff Bezos is the bout that had to happen

Live Mint  

The battle for the Indian consumer was never going to be an all-American affair. Walmart Inc.’s splashy acquisition last year of Flipkart Online Services Pvt., the homegrown e-tailer giving Amazon.com Inc. a solid run for its money, might have given the impression of a two-horse race. Ambani, chairman of the petrochemicals-to-telecom conglomerate Reliance Industries Ltd., has a four-legged plan to …

India Indian Jio Ambani
Reliance Telecom-Ericsson case: Anil Ambani defended by Congress leader Kapil Sibal in Supreme Court
6 years ago

Reliance Telecom-Ericsson case: Anil Ambani defended by Congress leader Kapil Sibal in Supreme Court

Op India  

Supreme Court has delivered a setback and served a contempt notice to the chairman of Reliance communications Anil Ambani, for failure to repay the due of Rs 550 crore to Sweden-based telecommunication company Ericsson. Anil Ambani was represented by Congress leader Kapil Sibal and Former Attorney General Mukul Rohatgi. Rahul Gandhi has been making false allegations that the Rafale deal …

Court Congress Gandhi Company Jio Rahul Rahul Gandhi
Reliance Communications to exit telecom business fully to concentrate on real estate: Anil Ambani
6 years, 3 months ago

Reliance Communications to exit telecom business fully to concentrate on real estate: Anil Ambani

India TV News  

Billionaire Anil Ambani on Tuesday announced that the cash-strapped Reliance Communications will be completely exiting the telecom business to concentrate on real estate in future. Pointing out to the 133-acre Dhirubhai Ambani Knowledge City on the outskirts of the financial capital, he said there is huge realty play opportunity that RCom's erstwhile corporate headquarters possesses, and pegged the potential value …

Telecom Reliance Anil Rcom Company Ambani
Reliance Jio juggernaut: What next in this game of thrones?
6 years, 5 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 …

India Market Telecom Pricing Jio Reliance Industries Investors
Is Reliance Jio really India’s most profitable telecom firm?
6 years, 6 months ago

Is Reliance Jio really India’s most profitable telecom firm?

Live Mint  

Appearances can be deceptive, and so can reported profits. Its pre-tax profit of ₹ 784 crore last quarter stands in stark contrast to losses of ₹ 2,052 crore and ₹ 1,582 crore, respectively, in Idea Cellular Ltd and Bharti Airtel Ltd’s India wireless businesses. Adjusted for all this, Reliance Jio’s pre-tax profit, or rather losses, stood at ₹ 1,267 crore. …

India Expenses Costs Jio Profit Report Crore