Reliance Jio Q2 results: Profit rises 12% YoY to ₹5,058 cr; revenue up 10%
This was the slowest profit growth reported by Jio in the last seven quarters, impacted by higher expenses and a lack of tariff hikes in recent times.
telecom
October 2023
September 2023
August 2023
July 2023
June 2023
May 2023
Jio adds 39 lakh wireless subscribers in July: TRAI
Bharti Airtel added 15.17 lakh wireless subscribers during the month under review, up 11.4% month-on-month, as against 14.09 lakh subscribers in June.
Vi declines report on acquisition by US telco; stock plunges 8%
The statement comes after several news reports during the weekend stated that US telecom majors -- Verizon, Amazon and Starlink are in the race to acquire the debt-ridden telecom company.
Airtel to source 23,000 MWh of renewable energy for 6 data centres
The power purchase deal will lead to reduction in emissions by 16,370 tonnes of carbon dioxide equivalent annually.
TRAI recommends no license fee for DTH operators after FY27
As per guidelines by the telecom department, the DTH operators are required to pay a license fee, which is 8% of the adjusted gross revenue (AGR) on a quarterly basis
Bharti Airtel prepays ₹8,024 cr as deferred liabilities; shares decline
The said instalments had an interest rate of 10% and have been prepaid by Airtel, leveraging much lower cost financing available to it, says the telecom major.
Reliance Jio Q1 results: Profit rises 12% to ₹4,863 cr; revenue up 10%
The company's EBITDA (earnings before interest, taxes, depreciation and amortization) stood at ₹12,278 crore during the quarter under review.
5G to account for 57% of Indian mobile subscriptions in 2028
India is experiencing massive network deployments, making it the fastest growing 5G market globally.
The Brief: Will The Real Owner Of Vodafone Idea Please Stand Up!
Vi’s woes will not end till government realises it is the “beneficial owner” and not the company’s promoter.
TCS-led consortium bags ₹15,000 cr 4G network order from BSNL
Private telecom operators held a 90.63% market share in February whereas BSNL and MTNL, the two PSU service providers, had a market share of only 9.37%.
