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Reliance Jio

Industry Updates

Jio surpasses Airtel in March user adds; Vodafone Idea loses ground: Trai

ITN Media -
In Short:Reliance Jio beats Airtel and Vi in new subscriber additions in March 2024 according to Trai data. Jio now world's largest mobile operator...
Industry Updates

Is this the dawn of a new era in telecom?

ITN Media -
In Short:Vodafone Idea has secured financing to stay competitive in the Indian telecom market. The funding will help clear debt and invest in 5G...
Industry Updates

SBI Chairman shares insights on Telecom News

ITN Media -
In Short:SBI chairman Dinesh Kumar Khara praises the success of Vodafone Idea’s FPO, attributing it to the trust shown by Aditya Birla Group chairman...
Industry Updates

Reliance Jio set for strong growth in FY25 with tariff increase and 5G momentum: BNP Paribas

ITN Media -
In Short:Reliance Jio is expected to perform well in 2025 due to potential increase in mobile tariffs and decrease in capital expenses. The company...
Industry Updates

Sanjay Mashruwala, veteran of Jio, resigns from company

ITN Media -
In Short:Sanjay Mashruwala, the Managing Director of Reliance Jio, has resigned from his position, effective June 9. He was a key leader in the...
Industry Updates

Mobile users trapped in recycling number game

ITN Media -
In Short:Telecom companies in India are reissuing previously used mobile numbers due to limited resources and high demand. Over 10 million recycled numbers are...
Industry Updates

Reliance Jio FYQ4 net profit increases by 3.1%

ITN Media -
In Short:Reliance Jio's net profit increased by 3.1% in the fiscal fourth quarter, reaching Rs 5,307 crore. Revenue from operations also rose by 2.3%...
Industry Updates

Vodafone Idea faces uphill battle in telecom industry

ITN Media -
In Short:Vodafone Idea struggles in India's telecom sector due to lack of 4G services, subscriber decline, and high debt levels. The company plans to...
Industry Updates

Loss of Rs 1,000 crore annually in tax collection from top OTT players

ITN Media -
In Short:The government is losing around Rs 800 crore every year due to a lack of regulations on large traffic generators or over-the-top biggies,...
Industry Updates

Vodafone Idea FPO starts slow, 26% shares subscribed

ITN Media -
In Short:Telecom company Vodafone Idea's FPO received a lukewarm response, with only 26% of shares being subscribed. Price band set at Rs 10-11 per...
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