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Telcos’ revenue likey to go up by 13% this year: Analysts
Telcos’ revenue likey to go up by 13% this year: Analysts
Ayushi Kar
2022 will likely be the year for greater average revenue per user (ARPUs) as tariffs and 4G penetration continue to rise, according to analysts.
With 5G auctions expected this year, analysts also expect the 5G transformation to commence along with a possible initial public offering for Reliance Jio. The battle for telecom services beyond 4G will likely be restricted to the top two…
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Why Airtel-RJio deal augurs well for the telecom sector
Why Airtel-RJio deal augurs well for the telecom sector
The spectrum trading deal announced by Airtel and Reliance Jio is an indication that the telecom sector is set for stable growth based on mature decision-making. Over the past two decades, the telecom sector has been embroiled in messy litigations due to the short-term thinking of the stakeholders.
Since 2001, the industry has been divided into two camps. One camp led by Sunil Mittal-backed…
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#Airtel#airtel-rjio#augurs#deal#for#litigations#rjio#sector#spectrum#technology#telecom#the#well#why
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DoT to issue demand notes to telcos on upfront payment for spectrum
DoT to issue demand notes to telcos on upfront payment for spectrum
The Department of Telecommunications (DoT) will issue demand notes to telcos next week on an upfront payment for spectrum acquired in the just-concluded auctions, sources said.
The demand note follows auctions raking-in winning bids of over ₹77,800 crore, for 855.6 MHz of spectrum. Billionaire Mukesh Ambani’s Reliance Jio spent the most in the auction, picking up 488.35 MHz spectrum in bands such…
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Spectrum auction indicates operators gearing up for 5G transition
Spectrum auction indicates operators gearing up for 5G transition
The outcome of the spectrum auction indicates that Reliance Jio and Bharti Airtel are gearing up to offer 5G services. While most of the acquisitions have been to renew spectrum in circles where they are expiring, both operators have consolidated their holding in the sub-GHz frequency bands, which is ideal for 5G services.
Reliance Jio has acquired 133 Mhz of fresh spectrum in the 800 Mhz band.…
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Telecom Sector - RJio counters TRAI`s consultation with IUC charge By Motilal Oswal
Telecom Sector – RJio counters TRAI`s consultation with IUC charge By Motilal Oswal
RJio counters TRAI’s consultation with IUC charge
Effective price increase of 13%, sustainability will drive traction for others
* RJio will charge 6 paise/min on off-net calls (i.e. calls made to non-Jio network) to counter the Telecom Regulatory Authority of India’s (TRAI) consultation paper on postponement of termination charge. Customers will thus have to buy top-up vouchers in…
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Jio has a 'Sign in with Apple' like service but for Reliance employees only
Reliance Jio is working on a new digital authentication and authorisation service, which would allow smartphone users to sign-in on apps and websites through a single pin. Named Jio SecureID, the service is currently available in beta testing to select Reliance group employees. The Jio SecureID is expected to be part of Jio Platforms services, which are available for everyone to use and explore.
The Jio SecureID seems similar to ‘Google Sign-in’ and ‘Sign in with Apple’ services. However, it works through a dedicated app (Jio SecureID), which will be available on Apple’s App Store and Google’s Play Store to download. The app allows users to create four-digit and six-digit pins, which can be used to sign-in on apps and portals. To generate pins, however, you need a valid mobile number and the authentication is done through Aadhaar.
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RCom completes sale of fibre assets to Reliance Jio for Rs 30 billion
Last year, Anil Ambani-owned Reliance Communications signed a pact with Reliance Jio for sale of wireless spectrum, tower, fibre and MCN assets.
Reliance Communications said it has completed sale of its fibre assets and related infrastructure assets, worth Rs 30 billion, to Mukesh Ambani-backed Reliance JioInfocomm (RJIO).
“With successful completion of the fibre monetisation transaction, 1,78,000 kilometers fibre stand transferred to RJIO,” Reliance Communications said in a BSE filing.
Last week, Reliance Communications had completed the planned sale of its media convergence nodes (MCNs) and related infrastructure assets, worth Rs 20 billion, Reliance Jio Infocomm.
Earlier this month, Reliance Communications had reinstated bank guarantees worth Rs 7.74 billion with the telecom department ahead of the timeline set by the telecom tribunal, and had said that its Rs 250 billion asset sale plans were “on track”.
Last year, Anil Ambani-owned Reliance Communications signed a pact with Reliance Jio for sale of wireless spectrum, tower, fibre and MCN assets – the proceeds of which were to be used to reduce debt.
The deal announced in December 2017, packed in 122.4 MHz of 4G spectrum in the 800/900/1800/2100 MHz bands, over 43,000 towers, 1,78,000 kilometres of fibre and 248 media convergence nodes. The nodes’ sale concluded today represents the initial tranche of the planned, larger deal.
News Source: BS
#RCom#Reliance Jio#Reliance Communications#c#Anil Ambani#Mukesh Ambani#RJIO#Reliance Jio Infocomm#Reliance Jio wireless spectrum#News#Latest News#Breaking News
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RCom share crashes as NCLT move puts deal with RJio under cloud
https://jffc.in/2018/05/16/rcom-share-crashes-as-nclt-move-puts-deal-with-rjio-under-cloud/ #NCLT, #RCom, #RJio
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Why Airtel-RJio deal augurs well for the telecom sector
Why Airtel-RJio deal augurs well for the telecom sector
The spectrum trading deal announced by Airtel and Reliance Jio is an indication that the telecom sector is set for stable growth based on mature decision-making. Over the past two decades, the telecom sector has been embroiled in messy litigations due to the stakeholders’ short-term thinking.
Since 2001, the industry has been divided into two camps – one camp led by Sunil Mittal-backed Airtel and…
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Reliance Jio launches AI-based video call bot for customers' queries
Reliance Jio launched JioInteract, a brand engagement platform, on Thursday. The platform will use artificial intelligence to listen to customers’ queries and respond appropriately.
The platform will start doing live video calls from Friday. It has a unique auto-learning feature that will help improve answering accuracy.
Termed as VCBaaS (Video Call Bot as a Service), JioInteract, with its multimedia capabilities, attempts to democratise artificial intelligence and video call technologies in a simplified way for effective brand engagement.
A bot, disguised as film star or celebrity, can interact with customers via video call for queries. “This technology has read more
#jio#jiointeract#mukesh ambani#reliance jio#Pranab Mukherjee#rjio#VCBaaS#live video calls#AI-based video call bot
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Debt-free status propels RIL stocks to record high
Debt-free status propels RIL stocks to record high
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Shares of Reliance Industries Ltd (RIL) gained 1.46 per cent to a record high of ₹1,680 and are up for the second straight day on the news of the company announcing debt-free on Friday.
RIL has become net debt-free ahead of the target of March 31 next year, its Chairman Mukesh Ambani said on Friday after his oil to telecom conglomerate raised ₹168,818 crore in 58 days.
“I have…
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