Reliance Jio Stands for Affordability in a World Where ‘Data Is the New Oil’: Mukesh Ambani

Reliance Industries Ltd chairman and managing director Mukesh Ambani on Wednesday said the company’s newly launched telecom venture Reliance Jio stands for affordability and data is the new oil in the industry. “Jio stands for affordability. Jio is conceived at a time when the world was in the phase of digitising. Data is the new…


TRAI Forms Joint Panel to Identify Outdated Regulations

Telecom regulator TRAI has set up a joint committee consisting of industry representatives to examine and identify regulations and tariff orders that are out of sync with times. “We have formed a joint committee with industry representatives, which will identify regulations and tariff orders that have become obsolete. The committee will give its advice to…


Reliance Jio User Base Growing Faster Than Expected, Says Mukesh Ambani

Reliance Industries Chairman Mukesh Ambani on Wednesday said Reliance Jio’s user base is growing at a pace which it itself had not expected at the time of launch. “When we started Reliance Jio, we set a target for ourselves that we will acquire 100 million customers in shortest time. Even we didn’t imagine that we would…


Reliance Jio Has 23 Percent Market Share, Second Only to Airtel: Truecaller Report

There is hardly any doubt that Reliance Jio has impacted Indian telecom industry in a substantial manner since its launch last year but latest data (July-December) from Truecaller communication app has revealed some interesting facts about the service offered by the Reliance Industries-owned telecom company. As per Truecaller’s TrueInsights 2016 Special report, Reliance Jio has…


BSNL Aims to Complete North East Telecom Project by December 2018

State-run BSNL is expecting to complete its portion of mobile network roll-out project, funded by the Universal Service Obligation Fund (USOF), in the North East by 2018-end. “The project was approved in September 2014 but it came to BSNL in April 2016. BSNL is expecting to place execution order in April after which roll-out of…


TRAI Says Vodafone-Idea Merger Talk Is Premature

Telecom watchdog TRAI on Friday said it will look into the proposed Vodafone and Idea merger “as and when” regulatory issues crop up. “That’s (merger of Idea and Vodafone India) a business decision. I would not like to comment. As and when there is regulatory issue I will certainly give advise to the government,” TRAI…


TRAI Says India’s Telephone Subscriber Base Has Risen to 1.15 Billion

The number of telephone subscribers in India increased from 1,123.96 million at the end of November 2016 to 1,151.78 million at the end of December 2016 – a monthly growth rate of 2.48 percent, data released by the Telecom Regulatory Authority of India (TRAI) on Friday said in New Delhi. The urban subscription increased from…


Reliance Jio’s Freebies Led for 20 Percent Revenue Loss for Telecom Industry: Ind-Ra

The telecom industry has lost about 20 percent of revenue due to Reliance Jio’s free services, India Ratings and Research has said, revising the sectoral outlook for 2017-18 to negative. India Ratings and Research (Ind-Ra), a Fitch group company, said the revision of outlook on the sector to negative for 2017-18 from stable-to-negative for 2016-17…


Much love between Jio and Airtel on Valentine’s Day but calls still won’t connect

o would have thought. But then that is what the Valentine’s Day can do to you. Even though brands talking to each other on twitter is quite boring now in 2017, apparently Jio couldn’t help but wish its rivals a happy Valentine’s Day. Early in the day Jio, which otherwise never lets go of a…


Reliance Jio second in user base with 23 per cent market share

oving to be a true disruption, Reliance Jio has become the second telecom player in terms of users, capturing more than 23 per cent of the Indian market, a report revealed on Wednesday. According to mobile communication app Truecaller’s ‘TrueInsights Q4 Report’, Jio has grown aggressively in the latter half of 2016, racking up over…