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As Reliance Jio impact bites, telcos CEOs meet minister Manoj Sinha; get reassured on orderly growth for sector

By / June 23, 2017 / / 0 Comments

Telecom minister Manoj Sinha on Thursday assured the telecom industry bigwigs that the government would take corrective steps to ensure orderly growth in the sector. “The report of the inter-ministerial group (IMG) will come soon. Corrective steps will be taken by the government for ensuring orderly growth in this sector in terms of services to […]

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Aruna Sundararajan gets full charge as DoT secretary, Ajay Prakash Sawhney new IT secretary

By / June 22, 2017 / / 0 Comments

Aruna Sundararajan, secretary of IT and electronics will now be taking full charge of the department of telecom (DoT), which till now was an additional charge given to her in May. A notification to this effect was issued by the department of personnel, Wednesday, according to which Sundararajan will be at the helm of telecom […]

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Jio free offering led to 11.7% fall in industry revenues: Jefferies

By / June 22, 2017 / / 0 Comments

The growth of Reliance Jio subscriber base and its free offering till 2016-17 fourth quarter has led to a 11.7 per cent year-on-year decline (8.5 per cent quarter-on-quarter decline) in industry revenues, a report by Jefferies said here on Wednesday. “The growth of Reliance Jio subscriber base and its free offering till the end of […]

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CLSA cuts Idea’s revenue estimates for FY18 and FY19

By / June 21, 2017 / / 0 Comments

Idea Cellular’s revenue and Ebitda (earnings before interest, taxes, depreciation & amortisation) estimates for FY18 and FY19 have been cut following a sharp 27% fall in the company’s incremental revenue market share in FY17, high contingent liabilities and a hefty repayment burden over the next three years, brokerage CLSA said in a note seen by […]

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Vodafone offers 5-hour of truly unlimited 3G/4G data usage

By / June 20, 2017 / / 0 Comments

Vodafone, on Monday, launched a special offer for its prepaid customers in which one can gets unlimited 3G/4G data usage and download for five hours, for Rs.29. Called the Vodafone, SuperNight, it can be activated any time of the day but will be applicable only during the subsequent five hours between 1 am to 6 […]

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For 82% of users, RJio is only a 2nd SIM: study

By / June 20, 2017 / / 0 Comments

Nearly 82 per cent of Reliance Jio Infocomm’s subscribers use the operator as a secondary provider, with just 18 per cent using it as their primary connection. However, about 86 per cent of these users intend to continue with RJio in the future, despite call drop issues, as the free factor ensures an overall good […]

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Best Data Focused Postpaid Plans Under Rs. 500 in India As of June 2017

By / June 19, 2017 / / 0 Comments

At the moment, all the telecom operators in India are offering insane offers for prepaid users, which is making the postpaid users go crazy. Already, most of the postpaid customers across all the operators started converting as prepaid users to enjoy the benefits. For prepaid users, almost all the telecom operators are offering 1GB data […]

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Reliance Jio impact: Telecom sector set to see Rs 17,000 cr revenue disappear

By / June 19, 2017 / / 0 Comments

The Department of Telecom (DoT) anticipates that the revenue it earns from the sector will fall by 38% in the current fiscal on account of “severe financial stress” and a “rapid decline in earnings” of the operators. The DoT has asked the finance ministry to revise its non-tax revenue target downwards to Rs 29,524 crore […]

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Airtel, Vodafone and Idea reject Jio`s charge, say Mukesh Ambani`s company misrepresented reality

By / June 17, 2017 / / 0 Comments

India’s largest telcos – Bharti Airtel, Vodafone India and Idea Cellular – have rejected Reliance Jio’s charge that the financial stress in their businesses was due to their dependence on debt, and blamed high government fees as well as the newcomer’s free offers for their woes. In a presentation to a panel of officials from […]

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About 82 per cent customers use Reliance Jio as secondary SIM: Study

By / June 16, 2017 / / 0 Comments

Velocity, a market research startup has released a new study that puts the expected number of mobile/internet users over 450 million by the end of June 2017. It points out that 4 in every 10 respondents are using Reliance Jio’s service, but as high as 82 per cent of the connections are being used as […]

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