Telecom

After suffering through years of disruptions and consolidations, the telecom sector is showing good signs of growth in aggregate gross revenues (AGR) driven by ‘premiumisation’ – higher 4G conversions and more post-paid subscriptions. The telecom sector’s AGR is expected to grow at a compounded annual growth rate (CAGR) at 12% between FY23-FY26. And, Bharti Airtel is expected to add more market share, say analysts.

India’s biggest telecom operator, Reliance Jio may soon launch a new fixed wireless access (FWA) dubbed as Jio AirFiber in India after it's biggest competitor Airtel launched the Xtream AirFiber earlier this month. According to a report by Economic Times, the Mukesh Ambani-led telco is scheduled to launch the new device during the upcoming festive season and the device will be launched at a price up to 20% less than its competitors.

Telecom majors are not adding as many mobile subscribers as they used to a couple of years ago. While improved penetration is one reason, the other key reason is tariff increase that most players undertook in 2021. In the month of May, the sector saw active subscriber base rise by 5 mn. Billionaire Mukesh Ambani controlled Reliance Jio continues to gain market share in India’s telecom market. Data released by the Telecom Authority of India (TRAI) shows that Reliance Jio added 4.9 million new subscribers in May, which is more than double of Bharti Airtel’s 2.4 mn net additions. VIL continued to experience subscriber losses, with a decline of 2.8 million subscribers.

Telecom company Bharti Airtel on Monday said it has prepaid Rs 8,024 crores to the Department of Telecom towards prepayment of deferred liabilities pertaining to spectrum acquired in an auction held in 2015.

New Delhi, Airtel Africa on Thursday reported a loss of USD 151 million (about Rs 1,237 crore) for June quarter 2023-24. In the year-ago period, it l...

Back in September 2016, Reliance Jio disrupted the Indian telecom market when it launched its mobile telephony and data services. Cut to 2023 and Jio is set to disrupt the market again with JioBharat the cheapest 4G feature phone priced at ₹999. Analysts at Jefferies Equity Research while analysing the impact of the launch, believe that over the next few years this will hit Bharti Airtel, its biggest competitor, with a potential 1-4% reduction in their India-mobile subscribers.

About two-thirds of the Grade A office space suitable for real estate investment trusts (REITs) is located in the secondary business districts (SBDs) of the top six cities in India. Among these SBDs, Hyderabad has the largest portion of REIT-worthy stock – accounting for 28%, followed by Bengaluru at 24%, according to analysis by real estate management firm Colliers.

Here are the top 10 countries with the fastest mobile internet speeds as per Speedtest Global Index report for May 2023....

The 5G subscription in India is estimated to have reached about 10 million by 2022 end, and is seen accounting for about 57 ...

New Delhi, Jun 7 (PTI) The Union Cabinet on Wednesday approved the third revival package for BSNL with a total outlay of ₹89,047 crore. The package includes allotment of 4G and 5G spectrum for BSNL through equity infusion, an official statement said.

India’s second largest telecom company Bharti Airtel is likely to be the biggest beneficiary of Vi’s troubles, regardless of whether the Indian telecom market continues to operate as it is today with three players or becomes a duopoly. Since Reliance Jio’s debut in 2016, the Indian telecom sector has seen a massive upheaval and consolidation. From nearly 9 active telecom companies in the private sector, only Jio, Airtel and Vodafone-Idea have active operations, and they account for 91% of India’s total subscriber base.

India's largest telecom operator Reliance Jio added 30.5 lakh mobile subscribers in March, accelerating its momentum of February, while Vodafone Idea lost 12.12 lakh wireless users during the month, according to data released by telecom regulator TRAI. Sunil Mittal-led telecom company Bharti Airtel onboarded 10.37 lakh mobile subscribers in March, raising its subscriber base to 37.09 crores in March against 36.98 crores in February.

Brokerages continue to be bullish on Bharti Airtel’s prospects a day after India’s second-largest telecom company posted its Q4 results. The telco’s earnings has the street buzzing, with Airtel’s shares rising 1.3% early on Wednesday even as the benchmark indices trended lower. Airtel beat analyst estimates with a March-quarter net profit of ₹3,006 crore, up 50% year-on-year (YoY).

As 5G roll-out picks up speed thanks to Reliance Jio and Airtel, India climbed four spots for median mobile speeds globally in the month of April, from 64th position in March to 60th, a report said on Wednesday.

India’s second-largest telecom company Bharti Airtel on Tuesday reported a 50% year-on-year (YoY) rise in Q4 net profit to ₹3,006 crore. On a sequential basis, the telco reported an 89% increase in net profit from ₹1,588 crore in Q3, higher than analyst estimates of a 54% rise. Airtel’s revenue in the March quarter rose 14% YoY and 0.5% sequentially to ₹36,009 crore, in line with analyst estimates.

As 5G roll-out picks up pace in India, Prime Minister Narendra Modi is already laying out the blueprint for 6G and has asked global networking giant Cisco to begin research and development (R&D) around the next-gen telecommunication technology to further empower millions, according to the company's Chief Operating Officer (COO) Maria Martinez.

Vodafone Idea’s subscriber losses refuse to stem as it lost over 2 million subscribers in February. Its rivals Reliance Jio and Bharti Airtel have added nearly 1 million subscribers each, according to data from the Telecom Regulatory Authority of India (TRAI). The total telecom subscriber base also fell by 1.1 million during February to 1,142 million.

For FY23, Reliance Jio’s net profit stood at ₹18,207 crore, increasing from ₹14,817 crore in FY22. Its revenue from operatio...

Amid the widespread 5G roll out, India showed significant improvement in its global ranking for median mobile speeds in March, a report showed on Wednesday.

We have compiled a comprehensive list of every prepaid and postpaid plan offered by Reliance Jio. This list provides detailed information about each plan, making it easier for consumers to choose the plan that best suits their needs. So if you want to explore the various offerings of Reliance Jio, head to Business Insider India and check out our exhaustive list of Jio's recharge plans.

Reliance Jio Infocomm Limited (RJIL) has written to the Telecom Regulatory Authority of India (TRAI) stating that the complaint is a deliberate malicious attempt by Bharti Airtel Limited (Airtel) to defame RJILs consumer friendly tariffs in order to protect its narrow interests.

Indian telecom companies are likely to report a moderation in Q4 earnings amidst a lack of significant tariff hikes. An expected slowdown in market share gains of leading telcos Reliance Jio and Bharti Airtel at the expense of Vodafone Idea is also expected to weigh on the quarterly results. Analysts, however, expect an increase in data usage and users upgrading to 4G/5G to boost the average revenue per user (ARPU) as well as margins.