Reliance Jio Financial News

01.08 / 09:07

Platform Mobile Vodafone show country social Reliance Jio Reliance Jio adds 30.4 lakh new users in May, Vodafone Idea continues to lose subscribers: TRAI

Reliance Jio has once again outpaced its competitor Airtel in net subscriber addition. According to the latest data released by Telecom Regulatory Authority of India (TRAI), Jio added 30.4 lakh new users in the month of May. Airtel, on the other hand, added 13.3 lakh users during the same period.

24.07 / 19:29

UPS Target Manufacturing Platform Strategy country analysts Reliance Jio Reliance Jio phone push may delay tariff hike: Analysts

Reliance Jio is scaling up the distribution of the Jio Bharat phone after finding success in its initial run which further reduces the chances of a headline tariff hike, analysts said. They added that Jio's sharp focus on subscriber adds will continue to help it gain a wider user base but will further challenge average revenue per user (ARPU) growth in the absence of hikes.

24.07 / 08:13

UPS Vodafone Reliance Jio Reliance Jio unlikely to hike tariffs before FY25, ARPU may remain range-bound

Mukesh Ambani continues to focus on market share gains in the telecom space, any tariff hike by Reliance Jio is unlikely in FY24, analysts say. During the June quarter, Jio's average revenue per user or APRU grew 2.8% year-on-year (YoY) at Rs 180.5 due to increased data consumption, improvement in subscriber mix, and rising share of revenues from the home broadband business. «Hefty network capacity additions with the recent JioBharat launch suggest a higher focus on subscriber gains and do not bode well for tariff hikes.

21.07 / 15:01

COST Provident Lowe's Remark NOT Reliance Jio TRAI clears Reliance Jio not violating any rules in predatory price complaint

RJIL. On examination of the complaint and the response received from RJIL, TRAI thinks that the tariffs offered by RJIL are not in violation of the Tariff orders," the minister's reply said.

21.07 / 11:37

UPS Reliance Jio Reliance Jio Infocomm Q1 results: Net profit grows 3% QoQ to ₹4,863 crore

Reliance Jio Infocomm released its Q1 results on Friday and reported a 3% (QoQ) jump in its net consolidated profits from ₹4,716 crore to ₹4,863 crore.

21.07 / 11:35

COST UPS Bottomline Reliance Jio Reliance Jio Q1 Results: Profit rises 12% YoY to Rs 4,863 crore, but misses estimates

Reliance Jio reported a 12% year-on-year (YoY) rise in standalone net profit for the quarter ended June 2023 to Rs 4,863 crore. Revenue from operations increased nearly 10% to Rs 24,042 crore.

12.07 / 08:33

foreign network Reliance Jio Reliance Jio in talks with foreign banks for over $1 bn loan to purchase 5G network | Mint Primer

Indian Billionaire Mukesh Ambani's Telecommunicati...

09.07 / 17:05

Indus Reliance Jio Telecoms to record modest growth in Q1 as disruptive phase behind; Reliance Jio, Airtel well positioned

₹180, driving 2.3% QoQ growth in revenue and 2.5% QoQ growth in EBITDA. For Bharti, we expect MBB subs addition at ~6 million, resulting in a 1.8% QoQ rise in ARPU to ₹196, driving 2.4% QoQ growth in India wireless revenue and 2.3% QoQ growth in EBITDA. We expect VIL’s subs losses to continue; however, its ARPU is likely to rise 1.7% QoQ to ₹137.

07.07 / 12:17

Provident Target Digital Manufacturing Platform Mobile Features Reliance Jio Reliance Jio Bharat, India's Cheapest 4G Phone goes on sale at ₹999! Check features, price and more

Reliance Jio has introduced a budget-friendly 4G phone called 'Jio Bharat' at an affordable price of ₹999. The phone's sales commenced on July 7th, and Reliance Jio aims to eliminate 2G technology from India through the widespread adoption of this device. The Jio Bharat Phone is specifically targeted towards individuals who are unable to afford expensive smartphones but still rely on basic features.

06.07 / 12:01

UPS Citi Google Citigroup HSBC Deal Nokia Reliance Jio Reliance Jio set to sign $1.7 bn deal with Nokia for 5G equipment: Report

Reliance Jio Infocomm could sign a contract worth $1.7 billion with Nokia this week to purchase 5G network equipment, according to news report by Economic Times. The contract could be signed as early as Thursday in Helsinki, Finland, where Nokia is headquartered, the report added.

04.07 / 09:17

UPS Digital JPMorgan Vodafone Indian Low Reliance Jio Reliance Jio's new low-cost phone unlikely to disrupt Indian telecom market

Reliance Jio's plan to launch a 4G phone at a market-low price of $12 to capture the broadly untapped entry-level 2G market in India will disrupt the bottom of the consumer pyramid, but not spark a price war reminiscent of its first such move in 2016, analysts said on Tuesday. Jio, late on Monday, unveiled an entry-level phone, called Jio Bharat, that is equipped with internet services such as digital payments to reach the roughly 250 million 2G users yet to migrate to smartphones.

03.07 / 17:43

Target Platform Mobile Reliance Jio Reliance Jio aims for 2G-to-4G market with JioBharat V2 phone

₹999, from 7 July targeting India’s 250 million feature phone users that use data-devoid 2G devices. The carrier said Monday that the phone will be available across all offline channels including Jio and Reliance Retail stores. The device will allow phone users to access JioCinema, JioSaavn, FM Radio, and make UPI payments through JioPay, at plans starting ₹123 a month.

Reliance Jio Financial News

popular questions about Reliance Jio

What is Reliance Jio and why is it relevant?

Where can I find the latest updates on Reliance Jio?

How can I verify the accuracy of information on Reliance Jio?