Reliance Jio

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. …