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Reliance Jio and Airtel prepare for final showdown and eye $5.6bn bond sell off
2018-04-04 02:00:00| Total Telecom industry news
India's two biggest telecoms operators, Reliance Jio and Airtel, are set to raise $5.6 billion by selling off government backed bonds, as the two companies struggle to sharpen their competitive edges in India's cut…read more on TotalTele.com »
Reliance Jio leaves rivals in dust with 8.3m new subs in Jan
2018-03-23 01:00:00| Total Telecom industry news
Reliance Jio Infocomm added 8.3 million new mobile customers in January, far outstripping the growth rates recorded by its larger rivals, according to new statistics from the Indian telecoms regulator. The telco, which turned the Indian mobile space on its head when it launched services in 2016…read more on TotalTele.com »
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Reliance Jio adds more than 21 mln subscribers in December quarter
2018-01-23 10:14:00| Telecompaper Headlines
(Telecompaper) Indian operator Reliance Jio added 21.5 million subscribers in its fiscal third quarter ending December, reaching a total of 160.1 million mobile customers, up from 138.6 million in September 2017. Reliance Jio's standalone revenue from operations reached INR 68.7 billion for the three months ended 31 December 2017, which represents an increase of 11.9 percent quarter-on-quarter, while EBIT was INR 14.3 billion, up 453 percent from the previous quarter.
Tags: december
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Reliance Jio posts first profit since its inception
2018-01-22 01:00:00| Total Telecom industry news
Indian telecoms firm Reliance Jio has posted a profit in its quarterly reporting for the first time since it began its operations in September 2016. The company posted EBITDA of $412 million…read more on TotalTele.com »
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profit
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posts profit
Reliance Jio to acquire RCom towers, fibre network, spectrum
2017-12-29 03:14:00| Telecompaper Headlines
(Telecompaper) Reliance Jio Infocomm announced it has signed a definitive agreement with Reliance Communications (RCom) for the acquisition of RCom's wireless assets. Jio has agreed to acquire towers, the fibre-optic cable network, spectrum and media convergence nodes from RCom and its affiliates. The assets are are expected to contribute significantly to the large-scale roll-out of wireless, FTTH and enterprise services by Reliance Jio Infocomm," the company said.
Tags: network
spectrum
acquire
reliance
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