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Reliance Jio Q2 net profit rises 45.4% yoy, adds 24 million subscribers

Reliance Jio Q2 net profit rises 45.4% yoy, adds 24 million subscribers

Fri, Oct 18, 2019

Reliance Jio (RJIL) today released its quarterly result for the second quarter of 2019-29. The company, which disrupted the telecommunication market with its cheap services years a few years ago, reported a net profit of Rs 990 crore against Rs 681 crore in the same quarter last year.

RJio Q4 Results: 5 key takeaways from Reliance Jio revenue details

RJio Q4 Results: 5 key takeaways from Reliance Jio revenue details

Thu, Apr 18, 2019

RJio Q4 Results: Witnessing a steady subscriber growth with net addition of 26.6 million during the quarter ended 31st March 2019

Reliance Jio, BSNL, Airtel add customers, telecom subscriber base crosses 120 cr

Reliance Jio, BSNL, Airtel add customers, telecom subscriber base crosses 120 cr

Wed, Mar 20, 2019

Reliance Jio dominated growth by adding over 93 lakh new mobile customers. State-run telecom firm BSNL followed Jio by adding 9.82 lakh mobile subscribers. Bharti Airtel returned to growth track, after losing mobile customer in December, by adding over 1 lakh new customers.

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Well positioned to garner more than 50% market revenue share, Reliance Jio says

Well positioned to garner more than 50% market revenue share, Reliance Jio says

Fri, Mar 03, 2017

New comer, Reliance Jio said that it was ‘well positioned to garner more than 50% market revenue share’ in India, in an investor presentation by Reliance Industries Ltd in a BSE filing.

Free data packs rob govt of Rs 800 crore, says telecom secretary JS Deepak

Free data packs rob govt of Rs 800 crore, says telecom secretary JS Deepak

Thu, Mar 02, 2017

Price wars that have been an ongoing affair in the telecom industry have resulted in the fall of government revenues from Rs 3,975 crore which was the license fee in the June quarter to Rs 3,186 crore in the December quarter of the current financial year, the letter said. The 'promotional offers' have resulted in the government losing out on Rs 800 crore in revenues

Reliance Jio refutes CLSA claim; voice calls will always be free

Reliance Jio refutes CLSA claim; voice calls will always be free

Wed, Mar 01, 2017

A CLSA research report claimed that Reliance Jio will be charging users for voice calls after the first 1,000 minutes per month.

Reliance Jio Prime Membership plans unveiled; should you pay Rs 99 for it?

Reliance Jio Prime Membership plans unveiled; should you pay Rs 99 for it?

Wed, Mar 01, 2017

A week ago when MD of Reliance Industries Limited (RIL) announced Reliance Jio's Prime Membership plans, he said that the company will begin charging its customers from April 1, 2017.

Airtel may bring back happy days for roaming; may drop charges completely

Airtel may bring back happy days for roaming; may drop charges completely

Mon, Feb 27, 2017

India’s telecom major, Airtel may soon drop its roaming charges on its network for voice and data services, The Economic Times said in a report on Monday.

Reliance Jio to turn profitable sooner than expected?

Reliance Jio to turn profitable sooner than expected?

Thu, Feb 23, 2017

Mukesh Ambani CMD, Reliance Industries earlier this week unveiled plans to start charging current 100 million and new customers for using 4G data at Reliance Jio networks.

Telecom plans review: Should you subscribe to Reliance Jio now?

Telecom plans review: Should you subscribe to Reliance Jio now?

Wed, Feb 22, 2017

For RJio’s 299 plan you will pay Rs 4,784 per year for 2GB data, free calling and unlimited SMS and MyJio apps subscription per month. Vodafone’s 297 plans you will pay Rs 3,861 per year for no talktime and 1GB data for a month.

Reliance Jio disrupts market, announces loyalty program called 'Prime;' find out more

Reliance Jio disrupts market, announces loyalty program called 'Prime;' find out more

Tue, Feb 21, 2017

Mukesh Ambani, Managing Director of Reliance Industries Limited (RIL) took centre stage on Tuesday to announce new offers for Reliance Jio customers as he said, “…unlimited maza continued hoyga.”

You can now pay for and request Uber rides with JioMoney app

You can now pay for and request Uber rides with JioMoney app

Mon, Feb 20, 2017

Telecom new entrant, Reliance Jio and cab aggregator platform, Uber announced the commencement of a ‘strategic’ partnership allowing users to pay for rides using JioMoney app.

Reliance Jio captures largest chunk of broadband market in December

Reliance Jio captures largest chunk of broadband market in December

Fri, Feb 17, 2017

Success story of new entrant Reliance Jio continued on Friday as Telecom Regulatory Authority of India (TRAI) released subscription data in December where they had captured a third of the broadband market in India.

Reliance Jio impact: Data usage to increase 40% but experts warn telecoms of bleak year ahead

Reliance Jio impact: Data usage to increase 40% but experts warn telecoms of bleak year ahead

Fri, Feb 17, 2017

Telecom sector analysts find little solace with the approaching dawn of the new financial year given the competition level in the industry.

War with Reliance Jio: Industry awaits end of freebies season

War with Reliance Jio: Industry awaits end of freebies season

Fri, Feb 17, 2017

Telecoms had their guns blazing as they declared their third quarter financials and spared no effort in blaming it on the pricing strategy of the new entrant – Reliance Jio.

Airtel network logs highest download speed in January: TRAI

Airtel network logs highest download speed in January: TRAI

Thu, Feb 16, 2017

Average download speed on Bharti Airtel's mobile network was highest in January at 8.42 megabit per second (mbps), according to latest data published by telecom regulator Trai.

Reliance Jio crosses 100 million customers: Mukesh Ambani

Reliance Jio crosses 100 million customers: Mukesh Ambani

Thu, Feb 16, 2017

Reliance Industries Ltd Chairman and Managing Director Mukesh Ambani on Wednesday said the company`s newly-launched telecom venture Reliance Jio has crossed 100 million customer base.

Truce in war: Reliance Jio wishes rival telcos ''Happy Valentine's Day''

Truce in war: Reliance Jio wishes rival telcos ''Happy Valentine's Day''

Tue, Feb 14, 2017

This act may remind someone of Sanjay Dutt`s Gandhigiri in the movie "Lage Raho Munnabhai." Keeping aside all business-related competition, Reliance Jio on Tuesday wished Happy Valentine`s Day to telecom operators Bharti Airtel, Vodafone India and Idea Cellular.

Battle of the telecoms: Idea tells Reliance Jio ‘No ullu banaoing’ with freebies

Battle of the telecoms: Idea tells Reliance Jio ‘No ullu banaoing’ with freebies

Thu, Feb 09, 2017

Idea Cellular has taken the battle between telecoms to the ad space with its new range of ‘No ullu banaoing’ advertisements.

Provided Reliance Jio sufficient PoI capacity to serve over 190 million customers, says Bharti Airtel

Provided Reliance Jio sufficient PoI capacity to serve over 190 million customers, says Bharti Airtel

Tue, Feb 07, 2017

Airtel on Tuesday said that it has provided a total of over 35,000 Points of Interconnect (PoIs) to Reliance Jio (RJio) in a period of five months.

From Data to speed restrictions: Do you know all the changes to Reliance Jio's Happy New Year Offer?

From Data to speed restrictions: Do you know all the changes to Reliance Jio's Happy New Year Offer?

Tue, Feb 07, 2017

With its opening offer of introducing free high-speed 4G data to its subscribers, Reliance Jio extended its December Happy New Year offer to June 2017. This offer comes with its own terms and conditions, though.

Idea shares tremble more than Airtel as Reliance Jio strikes

Idea shares tremble more than Airtel as Reliance Jio strikes

Wed, Jan 25, 2017

Shares of India’s telecom major, Bharti Airtel plunged after it declared dismal third quarter results with profits falling 55% in the quarter ended December 31, 2016.

10 key takeaways from Airtel’s Q3 result

10 key takeaways from Airtel’s Q3 result

Tue, Jan 24, 2017

Bharti Airtel’s net profit fell 55% to Rs 503.7 crore in the third quarter ended December 31 as compared to Rs 1,108.1 crore during the same period last year.

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