The Ministry of Telecommunications has proposed network security audits by external agencies for all telecom operators, and informed Rajya Sabha on the status of the deployment of the telecommunications network infrastructure in India. According to information from the ministry, BSNL, the state-backed telecom operator, has significant network equipment that comes …
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Investor demand for Reliance Industries Ltd’s retail business is so strong that Carlyle Group Inc and SoftBank Group Corp are among those placed on a waiting list, according to people familiar with the matter. Carlyle and SoftBank have recently expressed interest in investing in Mukesh Ambani’s Reliance Retail Ventures Ltd, …
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Last week, Reliance Industries (RIL) achieved the coveted milestone of crossing $ 200 billion in market capitalization. There are less than 50 companies around the world that are valued at more than $ 200 billion. Morgan Stanley analyzed how the Mukesh Ambani-led firm compared to eight global firms when they …
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Reliance Retail Ventures Ltd, which raised $ 1 billion from Silver Lake Partners on Wednesday, is poised to attract additional investments worth $ 5 billion from KKR & Co., Mubadala Investment Co. and Abu Dhabi Investment Authority (ADIA), two people directly aware of the negotiations said. California-based private equity fund …
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The loss of millions of 2G customers during the lockdown could become a blessing in disguise for telcos, allowing them to accelerate their 4G coverage by reusing unused spectrum to improve technology. According to experts, while telcos were already on the way to upgrade their networks to 4G by reorganizing …
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New Delhi: After building a ‘digital layer’ (Jio Platforms) on top of the existing ‘physical layer’ of retail stores, Reliance Industries would focus for the next four years on adding a third ‘commerce layer’ and monetizing existing investments, BofA Securities said. RIL is also looking to leverage users’ fingerprint and …
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Airtel has announced new broadband plans for the Airtel Xstream Fiber Broadband service. The new plans include the addition of a new Rs 499 plan, as well as the switch to unlimited data on all subscription plans, regardless of the speed you choose. This means that Airtel has removed the …
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NEW DELHI: Vodafone Idea, arguably the weakest player in the Indian telecom sector with loads of debts and huge legal pending, will manage to stay afloat after the Supreme CourtWhat is the decision to grant mobile operators a period of 10 years to pay outstanding AGR fees? Analysts believe so, …
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Jio and Airtel shared spectrum with bankrupt telcos The Supreme Court exempted Bharti Airtel and Reliance Jio from paying around Rs 40 billion in past fees for using the spectrum of other bankrupt telcos. In particular, Jio uses spectrum from Anil Ambani’s Reliance Communications (RCom), which has liquidity problems, while …
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Reliance Jio Fiber has introduced several new prepaid monthly plans that you can opt for after the 30-day free trial expires. Previously, the minimum monthly prepaid plan used to cost Rs 699, now you can take advantage of the services starting at Rs 399. There are a total of seven …
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