jio: Reliance Jio Q3 Results: Affordable phone, wireless broadband and more users bring an end to four quarters of sluggish growth

Reliance Industries’ telecom business, Jio, on Friday, announced its quarterly results for the third quarter ending December 2023. The company posted a 12.3 per cent year-on-year (YoY) growth in net profit to Rs 5,208 crore snapping the four quarter of slower growth. Jio attributed the push to increased subscriber additions and its budget-friendly 4G phone. …

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Time slipping like sand for Vodafone Idea!, Telecom News, ET Telecom

The year has not started off on a positive note for Vodafone Idea. No headway on fundraising, a key exit from the company and constant subscriber loss paints a grim picture for the third largest Indian telecom player. The exit of a key official, who was directly responsible for liaisoning with the government – a …

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‘130 mn 5G users in India by end-2023’

India will have 130 million 5G users by the end of this year, within just over a year of consumer 5G services being launched in the country. India’s 5G user base has more than tripled from last year—and is expected to rise to 860 million subscribers by 2029, according to the Ericsson Mobility Report 2023 …

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Mcap: Top four firms’ valuations up by ₹65,671.35 crore, Reliance Industries biggest gainer

Reliance Industries (RIL) maintained its position as the most-valued firm, followed by Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever (HUL), Bharti Airtel, ITC, State Bank of India (SBI), and Bajaj Finance. Also Read | IREDA IPO: Check today’s GMP, allotment status, listing date, and other details Gainers and Losers RIL took …

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Rise in premium smartphone sales may augur well for India’s 5G adoption, ET Telecom

India’s smartphone market trend showcasing the adoption of the premium category may bode well for next-generation or 5G technology uptake, much to the respite of telecom service providers. This has indicated a rising purchasing power of Indian consumers which is poised to further enhance mobile data consumption. India’s 5G deployments are primarily driven by Reliance …

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Rise in premium smartphone sales may augur well for India’s 5G adoption, ET Telecom

India’s smartphone market trend showcasing the adoption of the premium category may bode well for next-generation or 5G technology uptake, much to the respite of telecom service providers. This has indicated a rising purchasing power of Indian consumers which is poised to further enhance mobile data consumption. India’s 5G deployments are primarily driven by Reliance …

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Jio may grab Airtel, Vi 2G users with likely pick-up in JioPhone Prima sales: Market trackers, ET Telecom

New Delhi: Reliance Jio’s aggressive expansion into the feature phones space with the Jio Bharat platform and the JioPhone Prima could mean higher churn for its nearest rivals, Bharti Airtel and Vodafone Idea, say market trackers. This, they said, is since Jio is expected to acquire 12-to-24 million additional subscribers a year if it can …

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