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Industry Updates

Jio Platforms Reports 23.4% Increase in Q2 Net Profit, ARPU at Rs195.1

ITN Media -
In Short:Jio Platforms Ltd (JPL) reported a 23.4% increase in net profit for the fiscal second quarter, reaching Rs 6,539 crore, driven by recent...
Industry Updates

Industry ARPU to surpass Rs 225 in FY26 with 5G adoption and tariff increase: CRISIL

ITN Media -
In Short:Indian telecom operators have hiked tariffs by 17-19% and data usage is increasing with 5G. This will raise industry ARPU to Rs 225-230...
Industry Updates

Jio’s Akash Ambani, Airtel MD Gopal Vittal, Vodafone Idea CEO Akshaya Moondra to meet telecom min on Tuesday.

ITN Media -
In Short:Reliance Jio Chairman, Bharti Airtel MD, and Vodafone Idea CEO will meet with Union Minister Jyotiraditya Scindia to discuss telecom growth and key...
Industry Updates

Government denies Congress allegations, confirms India’s mobile tariffs lowest, pricing driven by market forces

ITN Media -
In Short:India's mobile services operate based on demand and supply. The government stated that tariffs offered by private and public telecom companies in India...
Industry Updates

Citi upgrades Vi to buy, expects telecom firms to see 15% revenue boost with tariff hike

ITN Media -
In Short:Recent tariff hikes in Indian telecom firms could lead to a 15% increase in revenue, according to brokerage IIFL Securities. The impact will...
Industry Updates

Jio increases plan rates by 12-25% from 3 July, rivals expected to follow suit

ITN Media -
In Short:Reliance Jio, India's largest telecom provider, increased charges for all plans by 12-25% effective from 3 July. The move is to invest in...

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