Reliance Jio

TRAI Clarifies Mobile Tariff Hike – Will Prices Shift Again?

TRAI Clarifies Mobile Tariff Hike – Will Prices Shift Again?

Recently, major telecom service providers like Jio, Airtel, and more have increased the prices of their mobile tariff plans by 25%. Further, unlimited 5G is now conditional and exclusive to plans offering 2GB or more data per day.  These changes irked users, and few customers even started believing these were against the regulatory framework. To…

5G Spectrum Auction Kicks Off with Rs.11,340 Cr. Bids

5G Spectrum Auction Kicks Off with Rs.11,340 Cr. Bids

The Indian Government announced a significant boost to its coffers, earning around Rs. 11,340 crores from the 2024 auction of 5G spectrum. This year’s auction witnessed active participation in 900MHz, 1800MHz, 2100MHz, and 2500MHz bands, further underlining the economic significance of the event. As per the Indian ministry, “The unsold spectrum will again be put…

Countdown to 5G: Spectrum Auction Kicks Off on June 25th

Countdown to 5G: Spectrum Auction Kicks Off on June 25th

The government’s decision to reopen the auction for the 5G spectrum, valued at a staggering 96,000 crores, on June 25th is a significant event for the telecom industry. Major players like Reliance Jio, Bharti Airtel, and Vodafone Idea have already begun submitting their bids for crucial radio frequencies that will be the backbone of their…

SpaceX Likely To Join Indian Telecom Industry 

SpaceX Likely To Join Indian Telecom Industry 

Reports indicate that SpaceX, Elon Musk-owned satellite communications corporation, will likely apply for a permit to introduce internet services in India within its Starlink brand. Thus, SpaceX will become the third company to apply for such a license after the two giant Indian telecoms, Reliance Jio and Bharti Group. Moreover, the company is also likely…

Airtel Appreciates Government For Allocating 5G Spectrum

Airtel Appreciates Government For Allocating 5G Spectrum

Airtel Founder and Chairman Sunil Bharti Mittal have appreciated the government for allocating 5G Spectrum within a few hours of the initial payment.   “No Fuss, No Follow Up, No running around the corridors and No tall claims. This is the ease of doing business at work in its full glory,” Mr Mittal said on Thursday….

5G Spectrum Sees Record-breaking Sales Of 1.45 Lakh Cr. On First Day

5G Spectrum Sees Record-breaking Sales Of 1.45 Lakh Cr. On First Day

The government saw record-breaking sales of 1.45 lakh crore on Tuesday, the first day of the 5G spectrum auction. This amount is much higher than sales in 2015 of 1.1 lakh crore. The highly desired high-speed network is expected to roll over in top cities in India from September-October.  The auction for the 5G spectrum…

Mukesh Ambani Resigns From Board Of Reliance Jio 

Mukesh Ambani Resigns From Board Of Reliance Jio 

Reliance Jio Infocomm on Tuesday said that Mukesh Ambani has stepped down from the chairmanship of the Board and approved the appointment of his elder son Akash Ambani as the new chairman of the company.  The resignation of Mukesh Ambani, one of the richest people in India, is effective from the close of the working…

Telecom Industry is Likely to See Jump in Revenue Growth in Q4FY22

Telecom Industry is Likely to See Jump in Revenue Growth in Q4FY22

According to the analysts, the telecom sector is expected to grow more than double to nearly 10% sequentially in the Q4FY22 when the full beneficial impact of sharp tariff hikes of last November hits home.  The revenue of the telecom industry grew at 4.5% and 4.2% sequentially in the second and third quarters of FY22. …