Snehal khanna Blog

Industry shows signs of stabilisation, as incumbent operators manage to expand their wireless broadband user base LATEST NEWS :  Reliance Jio is witnessing continued momentum in subscriber additions even after the company raised tariffs in July. The company added 5.9 million customers, the highest among all telecom operators, in September to take its user base to 138.61 million. The Mukesh Ambani-owned company had added 4.1 million subscribers in August. According to a report by UBS, Reliance Jio’s active subscriber base grew by 7.3 million in September after slowing down to 2.2 million in August. Reliance Jio’s market share increased to 11.7 per cent at the end of September. The incumbent operators have also been able to expand their wireless broadband user base, indicating the industry is stabilising. The Telecom Regulatory Authority of India (Trai) has put out data that shows Airtel gained one million subscribers in September and its market share increas...

Jio mapped out plan to address 100 mn TV households in 30 cities by ensuring dense fibre presence for last-mile connectivity to homes LATEST NEWS :  After its success in mobile telephony, Reliance Jio is preparing to disrupt the market once again. This time in the fixed broadband and television (TV) space. The Mukesh Ambani-led company will launch high-speed fibre to the home (FTTH) broadband in more than 30 cities early next year, to offer TV as well as internet to subscribers, it is learnt. Jio has mapped out a plan to address over 100 million TV households across these cities, including Tier II and III, by ensuring dense fibre presence for last-mile connectivity to homes. In the first phase itself, at least 50 million households will be offered the service, according to sources in the know. Jio has already spread out over 300,000 kilometres of optic fibre (half of which is through a long-term contract with Anil Ambani’s Reliance Communications). In fac...

A rich list is an annual map of wealth creation largely based on stock value and real estate LATEST NEWS    :   Biotechnology pioneer Kiran Mazumdar -Shaw has not given much thought to the latest list of 100 rich persons in India in which she also figures, but says it reflects the state of the economy. The chairperson and managing director of Bengaluru- headquartered Biocon Ltd, with a fortune of $2.16 billion, was placed at the 72nd position on Forbes magazine's annual 'India Rich List 2017'. "A rich list is an annual map of wealth creation largely based on stock value and real estate. I don't give it much thought other than it reflects the state of the economy," she told PTI. Reliance Industries chief Mukesh Ambani emerged as India's wealthiest for the 10th straight year as his net worth swelled to $38 billion (nearly Rs 2.5 lakh crore) while the wealth of 100 richest rose by 26 per cent despite economic hiccups. More than four-f...

The terms for the scheme could be announced in next few days. LATSET NEWS :   Reliance Jio may soon announce a scheme offering buyers of its 4G phone the choice to return the handset before the specified time period of three years and in return get a partly refund. The terms for the scheme could be announced in next few days, according to a Economic Times report. The pre-bookings for the phone will start on August 24. The phone was introduced as "India ka Smartphone" and launched at an "effective price" of Rs 0. The catch was that buyers would have to shell out a refundable, upfront deposit of Rs. 1,500 for the device (which is refundable after three years). However, the phone may fail to match up to Jio's expectation, if some reports are to be believed. JP Morgan, in a report, said that in India where there is the prevalence of multi-SIM phones and the pre-paid monthly churn stands at around 5 per cent, it may be unrealistic to expect...

Key challenge to come from the launch of 4G feature phones by the RIL subsidiary, say analysts LATEST NEWS :  The share prices of Bharti Airtel and Idea Cellular gained on Wednesday, on the expectation of the new rate plans announced by Reliance Industries’ (RIL) telecom subsidiary, Reliance Jio (Jio), leading to improvement in their operating metrics. The price plan announced by Jio on Tuesday is estimated to be 30-57 per cent higher than earlier promotional offers. Brokerages say this is positive and a clear indication of rationalisation of pricing. Analysts at UBS say the first Jio price increase in almost 12 months supports the brokerage view that sector revenues are close to bottoming out, with the top three operators and Jio expected to incrementally take share from smaller entities. Credit Suisse in a note said the new Jio rates would start the process of normalising these from the current discounted levels. Also indicating that RIL is looking at monetising its...

He will be produced in a Mumbai court where a FIR was filed following a complaint by Reliance Jio LATEST NEWS       : Cracking the Reliance JIO data breach case within 24 hours, the Navi Mumbai and Maharashtra Cyber police teams have zeroed in on the prime suspect in Rajasthan who will be brought to Mumbai on Wednesday. Confirming the developments, Maharashtra Cyber Superintendent of Police Balsing Rajput said that following an FIR lodged by the Navi Mumbai Police, the cyber sleuths got a lead which was thoroughly analysed to pinpoint information on the culprit. Rajput said that with the help of Rajasthan Police, one man was arrested from Churu district of that state and further investigations were on. "A team of Maharashtra Cyber, Navi Mumbai Police and Reliance Jio officials are in Rajasthan conducting raids with the help of Rajasthan Police, while a team from QuickHeal is providing technical help in the probe," Rajput said. The susp...

Jio is offering 1 GB of 4G data per day and unlimited voice calls under Rs 303, Rs 309 schemes Latest news  : Around 90 per cent of Reliance Jio users are estimated to have subscribed to its promotional Prime membership plan, according to the report by Bank of America Merill Lynch. Around 76 per cent are ready to continue using Jio's service once the promotional period ends, it added. "80 per cent of users have only one Jio SIM...90 per cent are Prime members, 84 per cent claim to have paid Jio the monthly top-up as well," the report said. It said 84 per cent of these Jio users have paid monthly top-up with majority of them choosing Rs 303 or Rs 309 pack. Jio is offering 1 GB of 4G data per day and unlimited voice calls under Rs 303 and Rs 309 schemes. "Interestingly, we note that only five per cent of surveyed users are using LYF phones with 40 per cent and seven per cent using Samsung and iPhone respectively," the report said. ...

Lowering of these levies can generate Rs 20,000-25,000 cr additional EBITDA for industry Latest news : Mukesh Ambani-owned Reliance Jio on Monday said telcos not investing in new technology and instead leveraging their balance sheet are themselves to blame for financial difficulties. Newcomer Reliance Jio, which met the Interministerial Group (IMG) on Monday said operators need to raise funds by selling stake or invest in new technology through internal accruals. "Operators (excluding Jio) need to invest Rs 1,25,000 crore, payback debt and they need to invest in technology, as growth is happening in data...They can do this by selling stake," said a senior Jio official who did not want to be named. Stating that the financial stress being faced by operators was "their own creation", the official said the only policy intervention required is in form of reduction in GST rates, licence fee and USO levies. Raed this: No duplicate beneficiaries: For ...

Reliance Industries plans to spend a further Rs 18,000 crore additional investment in Jio Reliance Jio stormed into the telecom industry with the launch of ultra-affordable high speed 4G internet services combined with free voice calls, SMS and Jio apps. To keep the momentum going, Reliance Jio Infocomm is reportedly gearing up to expand the company’s product portfolio by venturing into diverse areas such as broadband services and Direct-to-Home (DTH) TV services. ALSO READ: No end to data wars: Reliance Jio free offers to continue for 12-18 months  Things to expect from Reliance Jio in 2017  Reliance Jio FTTH broadband services  Reliance Industries plans to spend a further Rs 18,000 crore additional investment required for its fibre network as it expands Jio's 4G reach, reports Business Standard. The Reliance Jio fibre-to-the-home (FTTH) broadband services has already been offering trials at a few locations and the services will expand to more cities soon...