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Mukesh Ambani-led Reliance Jio has launched Rs 799 plan postpaid and prepaid plans for customers buying the new iPhone 8 and the iPhone 8 Plus. The Rs 799 plan provides 90 GB of data per month for postpaid and postpaid users, over and above the free voice, SMS and complimentary subscription to Jio’s premium applications. MyJio
A 57% cut in the interconnect usage charge (IUC), the fees telecom companies originating calls pay those receiving calls, has divided the industry between incumbents like Airtel and Vodafone-Idea, and Reliance Jio. The solution is not to restore IUC but for the government to scrap or slash its excessive claims on telecom revenue.
Reliance Jio Infocomm (Jio) has denied that the lowering of interconnect usage charge (IUC) would benefit the new entrant and in fact called the cut ‘six years too late’, highlighting that it should have happened as per regulator’s directive in 2011.
LG Electronics on Wednesday launched an upgraded version of its ‘LG Q6’ device titled ‘LG Q6+’ with 4GB RAM and 64GB in-built storage for Rs 17,990 in India.
The Telecom Regulatory Authority of India’s (Trai) move to cut interconnect usage charges by 57% is likely to negatively impact incumbent telecom operators such as Bharti Airtel and Idea Cellular, brokerages said. Some see higher impact on Idea.
The first round of talks between Ericsson and Reliance Communications (RCom) have been inconclusive, with the Swedish equipment maker sticking to its stand on dragging the Anil Ambani group flagship through a bankruptcy process if not paid its dues, spelling more bad news for the telco’s merger with Aircel.
State-owned Bharat Sanchar Nigam Limited (BSNL) has come up with its disruptive offering to take on Reliance Jio where it will give unlimited local and STD calls from BSNL to BSNL coupled with 1GB data per day for Rs 249.
The telecom regulator, which sent the industry into a tizzy with its decision to slash interconnection usage charges (IUC), justified the move by saying it "will result in direct benefit to customers". Contradicting this claim, industry experts said that, given the current scenario in the sector, there will be no such direct benefit to end users.
UK based Vodafone Group’s India arm termed as “retrograde” a move by the telecom regulator to cut interconnect usage charge (IUC) to 6 paise a minute from 14 paise, from October 1, and said it will benefit only the new entrant, Reliance Jio.
Market leader Bharti Airtel said it was it was “extremely disappointed” with the slash in interconnect usage rates which will benefit only newcomer Reliance Jio.
Solar developers have petitioned the Ministry of Power, pointing out that setting up projects within the timelines set for them would be a lot easier if they were not mandatorily required to seek consent from one of the ministry’s arms, the Power and Telecom Coordination Committee (PTCC).
Bharti Airtel plans to spend more than Rs 32,000 crore in the next two fiscal years to expand its network and gain 3-4 percentage points in revenue market share at the expense of struggling smaller operators besides companies such as Idea Cellular and Vodafone India, which are in the midst of a complex merger process.
Vodafone India and state-owned Bharat Sanchar Nigam Ltd. (BSNL) are roping in domestic handset vendors to offer spruced up deals on feature phones as they step up efforts to prevent their customers from switching to Reliance Jio Infocomm.
Deep in debt, India’s telecom operators are facing four “moments of truth”, according to JPMorgan Research.Many investors say a recovery in the industry is near, but these headwinds risk derailing any recovery, the bank wrote.
After the discontinuation of freebies and upgrdation of network capacity, the Reliance Jio speeds are gradually increasing, says a report. Analyzing its users over Jio network, OpenSignal said “After an uptick in February, Jio’s speeds leveled out at around 4.2 Mbps between the test periods ending in March and April.
Idea Cellular has launched a series of brand campaign with the message ‘No Ajnabee with Idea 4G’.This was a series of television commercial promoting Digital Idea entertainment apps – Idea Music, Idea Movies & TV and Idea Games, that started over the last weekend.
Competition in India’s telecom industry is entering a new phase with top players increasingly betting on quality of service and new targeted offerings to retain and acquire customers, as prices have already reached rock bottom levels, experts say.