Vodafone Idea plans to raise ₹45,000 crore to match rivals Jio and Airtel
VIL board approves up to ₹20,000 cr equity fundraise; co to raise ₹45,000 cr via equity, debt
Source: hindustantimes.com
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bsnl: Nearly 16.4 lakh customers quit BSNL network in June 2023 quarter: Chauhan
In the period of April 2022 to March 2023, about 65.8 lakh customers ported out of BSNL, while 16.85 lakh people ported in, Minister of State (MoS) for Communications Devusinh Chauhan said in a written reply to an unstarred question in Lok Sabha.
Source: indiatimes.com
Reliance Jio 1st network to bring mobile connectivity to Demchok; offers 4G services
The 4G Services are not only going to impact the social status of the residents but will also be a turning point in the economic development of the region.
Source: republicworld.com
Tech adoption across sectors; startups helping to expand markets: Report
Amid technology adoption across the board, startups in most sectors are helping to expand markets bringing new customers into the fold, instead of disruption of existing companies, according to a latest report. BofA Securities note described India as a supply constrained market (rather than demand constrained), and said Jio's launch of 4G services at affordable prices had underlined that at a 'value for money' proposition, consumer uptake picks up. Past calls and meetings with India's leading experts and top startups in the unlisted space had fortified the view that India internet sector i...
Source: business-standard.com
jio phone 2021: Jio's new bundled offers may not hit Airtel: Analysts
Synopsis The new JioPhone offers won’t change the sector’s competitive dynamics as the minimum upfront commitment of Rs 1,499 (including device) is more than double what a 2G user, typically, spends upfront on a device and the initial recharge. AFP Jio’s twin JioPhone-2021 offerings announced on Friday are aimed to arrest the sharp slide in Jio’s 4G user adds in recent quarters, especially as rival, Airtel has been adding far higher numbers of mobile broadband users in recent quarters. Reliance Jio’s new bundled offers on its 4G feature phone – JioPhone – will unlikely dent Bha...
Source: indiatimes.com