A day after the spectrum auctions, Reliance Jio has taken the lead in mountain climbing cell companies tariff. On Thursday, Reliance Jio introduced 12.5-25 per cent tariff hikes throughout most of its plans. Tariff hikes throughout the telecom trade have been anticipated after the elections as operators look to ramp up their revenues to tide … Read more
Spectrum auctions ended on Wednesday with the Centre receiving bids value simply over ₹11,000 crore as Reliance Jio, the largest purchaser of pan-India 5G spectrum within the earlier spherical of public sale, restricted its buy of airwaves in solely two circles: Bihar and West Bengal. Bharti Airtel emerged as the most important spender within the … Read more
The Centre has offered spectrum value ₹11,301 crore on the primary day of public sale with cellular operators limiting most of their bids at reserve value. 5 rounds of bidding had been concluded, with many of the demand for 2 particular spectrum bands 900MHz and 1800MHz. Demand for spectrum is highest in Bihar and West … Read more
After two deferments of the public sale, which was initially scheduled for Could 20, the federal government is beginning the telecom spectrum public sale value ₹96,317.65 crore from Tuesday. A complete of 10,513.15 MHz of spectrum shall be put to public sale. Additionally learn:Authorities can take management of all telecom networks in occasions of emergency … Read more
Reliance Jio has proposed to the Telecom Regulatory Authority of India that it may well arrange an unique communication community for first responders together with police and entities like Railways if the remaining 700 MHz spectrum band is reserved for telecom providers. Reliance Jio’s submission to the regulator beneficial properties significance within the context that … Read more
Our Bureau Simply as Bharti Airtel crossed the $100 billion market cap on Might 27 this 12 months, brokerage agency, CLSA highlighted that the nation’s second largest operator has benefitted essentially the most from tariff hikes. On Monday, CLSA famous that between FY20 and FY24, Bharti Airtel skilled a 54 per cent improve in common … Read more
Jio on Friday mentioned it has bundled premium providers of 15 apps, together with fundamental subscription of Netflix, Amazon Prime Lite, Disney+ Hotstar, with its 30 mbps broadband plan for ₹888 a month. Additionally learn:Jio launches Kerala’s first AirFiber service Netflix entry was earlier accessible for patrons having JioFiber of ₹1,499 plan, whereas there was … Read more
ATC Telecom Infrastructure on Friday bought its whole 2.87 per cent stake in telecom operator Vodafone Concept for ₹1,840 crore by an open market transaction. American Tower Company (ATC) Telecom Infrastructure is likely one of the largest infrastructure service suppliers for Vodafone Concept. Additionally learn:ATC to transform Vodafone Concept OCDs price ₹1,440 crore into fairness … Read more
Mobile Operators Affiliation of India (COAI), which represents telecom operators equivalent to Bharti Airtel, Reliance Jio and Vodafone Thought, has written to the federal government on issues concerning very important requirement for contribution by stakeholders in direction of addressing rising knowledge site visitors and related infrastructure prices in Indian telecom trade. It was in continuation … Read more
Reliance Jio Platforms reported a 12 per cent improve in its consolidated internet revenue for the fourth quarter ended March 31, 2024 to ₹5,583 crore in comparison with ₹4,984 crore in the identical quarter final yr. Income from operations was up 13.4 per cent to ₹28,871 crore in comparison with ₹25,465 crore. “Efficiency of the digital … Read more