Mumbai: Mukesh Ambani, President of Reliance Industries, said that it took India’s telecom sector 25 years to build its 2G network and that Reliance Jio has managed to build 4G in three years. Emphasizing Jio’s role in propelling India from 155 positions to being the world’s top mobile data consumer …
Read More »Reliance Industries Raises Rs 7.5 billion from Silver Lake for 1.75% Stake in Retail Arm
Reliance Industries Ltd, led by Mukesh Ambani, said on Saturday that it has received ₹7,500 crore from Silver Lake Partners. The California-based private equity firm previously acquired a 1.75% stake in Reliance’s retail arm. On September 9, Reliance Industries announced that Silver Lake would invest ₹7.5 billion rupees in its …
Read More »Reliance Jio users get onboard connectivity on international flights; Plans start at Rs 499 per day
Every time you’ve been on an international flight, you probably would have winced at the expensive in-flight Wi-Fi prices. If you really needed it, you would have taken the bullet and paid. Otherwise, you would have watched a movie on your iPad or on the inflight entertainment system. Or maybe …
Read More »Trai, Telecom News, ET Telecom
Kolkata: Bharti Airtel added up to 3.7 million active mobile users in June, snatching the top spot in this score from Reliance Jio Infocomm, which lost 2.1 million active subscribers. The struggling telco Vodafone Idea (Vi), though it suffered the most on this score, lost 3.7 million active customers, Motilal …
Read More »Telecom Shares Fall As Reliance Jio Launches Postpaid Plans Airtel Falls 7%, VI 10%
Airtel, Vodafone Idea News: Shares of both telcos suffered heavy losses on Wednesday Shares of Bharti Airtel and Vodafone Idea (VI) suffered heavy losses on Wednesday, a day after rival telco Reliance Jio Infocomm announced the launch of postpaid plans. Bharti Airtel shares fell as much as 7.97 percent to …
Read More »Telecommunications stocks under pressure; Bharti Airtel, Vodafone Idea slip more than 6%
Shares of telecom service providers, primarily Bharti Airtel and Vodafone Idea (VIL), fell 6 percent on the BSE on Wednesday after rival Reliance Jio (RJio) announced a range of postpaid plans, including many first, like the mobile in flight. Connectivity Bharti Airtel was down 7 percent to Rs 437, while …
Read More »Airtel, Vodafone Idea feel the heat of Jio’s new postpaid plans
Bharti Airtel Ltd and Vodafone Idea Ltd lost 5-6% in trading on Wednesday after Reliance Jio Infocomm Ltd announced new rate plans for postpaid customers. Shares of Jio’s parent, Reliance Industries Ltd (RIL), rose 1.6%. RIL separately announced a new investment in its Reliance Retail Ventures Ltd. unit. Jio is …
Read More »Jio Postpaid Plus Announced, Offers Unlimited Voice Calls, Access to Streaming Apps, and More
Jio has announced Jio Postpaid Plus, a reinforced postpaid service that aims to provide “superior services in connectivity, entertainment and experience.” Jio Postpaid Plus includes subscriptions to Jio app and video streaming services, data transfer, and international calling benefits. Jio subscribers will have to get a new SIM card, but …
Read More »Reliance Jio Announces New ‘Postpaid Plus’ Plans, Starting at $ 399
Telecommunications company Reliance Jio today announced the JioPostpaid Plus scheme to provide enhanced services through connectivity, entertainment and experience for its users. Starting from the price of ₹399, JioPostpaid Plus will provide a host of services, including free subscription for OTT apps like Netflix, Amazon Prime, Disney + Hotstar, and …
Read More »Jio PostPaid Plus New Plans Starting From Rs 399 With Free Netflix, Amazon Prime, Disney Plus Hotstar
Reliance Jio aims to revolutionize the postpaid mobile phone user segment with its latest offering, JioPostpaid Plus. Jio’s latest range of combined postpaid mobile plans aims to offer the best of each world, including affordable plans, international calls and roaming benefits, a comprehensive portfolio of entertainment services including Netflix and …
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