Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

991-1000 results from 1000 for query «telecom»

22 February, 2017 4:37 PM RJio’s tariff targets incumbent operators’ top-end users

Reliance Jio’s ₹303 plan may not be a major disruptor as it targets the upper and middle end of the market, a segment that’s not easy to churn. Most of the mobile users in India pay less than ₹150 a month. About 20 per cent of mobile users pay more than ₹300 a month. While the offer from Reliance Jio could be attractive to this 20 per cent users, churning 117

22 February, 2017 3:18 PM Jio boost sparks 11% rally in RIL shares

Shares of Reliance Industries (RIL) soared 11 per cent, the most since May 2009, a day after its telecom unit Jio Infocomm announced it would end seven months of free services and start charging customers. The value of shares of the Mukesh Ambani-owned firm gained ~119.4, or 10.97 per cent, to Rs 1,207.65— a level last seen on May 29, 2008. Market players 59

22 February, 2017 2:14 PM Jio Prime Announcement Adds Rs 39,000 Crore To Reliance Industries' Market Value In A Day

Reliance Industries Ltd (RIL) shares surged over 11 per cent on Wednesday taking its overall market value to Rs 3.92 lakh crore, up from Rs 3.53 lakh crore yesterday after it announced that its telecom unit Jio will start charging its customers from April. With today's gains it surpassed HDFC Bank in terms of market capitalisation to become the second 22

22 February, 2017 2:14 PM Reliance Industries stock soars 10% after Jio unveils data tariff plans

Shares of Reliance Industries Ltd soared over 10 per cent today after its telecom venture Jio said it will begin charging for data services from April. After a positive opening, shares of the company zoomed 10.14 per cent to Rs 1,198.60 -- its 52-week high -- on BSE. At NSE, shares of the company jumped 10.22 per cent to touch its one-year peak of Rs 1,199.45. Billionaire 84

22 February, 2017 8:30 AM After Jio Prime Announcement, Airtel Said to Offer 10GB Additional Data at Rs. 100

Airtel is reportedly offering its postpaid customers up to 10GB additional 3G or 4G data at just Rs. 100. The move by the telecom operator can be seen as an after effect of Reliance Jio Prime subscription plan announcement made on Tuesday. Reliance Industries Chairman Mukesh Ambani on Tuesday revamped the company's Reliance Jio offerings and announced 226

22 February, 2017 5:48 AM Reliance Industries cheers Jio’s paid services; shares at 8-year high eyeing new cash flows

As the concerns over customer retention post the start of paid services beginning April mar the celebration of Reliance Jio’s 100 million subscriber base, the shares of its parent company Reliance Industries saluted the prospect of fresh cash inflows, hitting an eight-year high. Reliance Industries shares skyrocketed and were trading up 7.05% at Rs 1,165, close 132

22 February, 2017 5:48 AM With Jio turning pay, rationality returning to telecom sector: Nitin Soni, Fitch Ratings

In a chat with ET Now, Nitin Soni, Fitch Ratings, says as far as the monetisation of data is concerned, it is a positive move for the industry that Jio is willing to protect the ARPU at Rs 300. Yesterday, Mukesh Ambani outlined the plans in store for core telecom earning. What impact could have on other telecos as well? The plan which has been announced 20

22 February, 2017 5:48 AM RIL shares jump 9% to hit 7-year high on hopes of Reliance Jio revenue growth

Mumbai: Shares of India’s largest private enterprise Reliance Industries Ltd (RIL) on Wednesday jumped as much as 7.5%, its biggest jump since May 2009, to hit over seven-year high, as investors anticipated revenue generation for its telecom venture Jio starting from 1 April. In intraday trade, RIL touched a high of Rs1,186.60, a level last seen on 1 November 122

22 February, 2017 5:11 AM 50% of Reliance Jio users may switch to other service providers once freebies end

Will the end of Reliance Jio Infocomm Ltd's (RJIL) promotional offer of free data service next month also end the industry's suffering? Analysts say it is unlikely that the telecom sector will get back on track of healthy growth anytime soon. Most say it will take at least one to two years for that. Since Mukesh Ambani's Reliance Jio launched its data and voice 191

22 February, 2017 4:34 AM Reliance hits 8-year high, up 7% as investors cheer Jio offers

The stock saw a big rally, clocking multi-year high, in early trade and was the biggest contributor to the Nifty. Reliance Industries ’ scrip clocked a multi-year high on Wednesday as investors cheered the announcements made by chairman Mukesh Ambani for customers of Jio. The stock had risen to this extent last in May 2009. On Wednesday, the scrip soared 139