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Idea,Airtel to be hit by fall in IUC – Jio to benefit

Since telecom regulator TRAI is looking to reduce the Interconnect Usage Charges(IUC) between the telecom operators, the move is set to benefit Mukesh Ambani led Jio which may break even faster but would affect the operating profits of Idea and Airtel.  IUC is a charge paid by the operator of a network from where a call originates to the telco ... Read More »

Survey shows JIO led to fall in profitability on other telcos

Economic Survey results has come as a shocker with the increased share of telecom companies in the non-performing assets category after they witnessed a drastic fall in their revenue due to the entry of Relinace Jio.  The gross revenue of Bharti Airtel, Vodafone India and Idea Cellular has seen a decline of 7.98%, 5.14% and 4.91% during the third quarter ... Read More »

Airtel Q1 net profit tanks 75% to Rs 367 crore

India’s leading private telecom service provider Airtel has announced its first quarter results for 2017 which has stunned the investors and the industry as a whole. The telecom behemoth which has seen profits rise from year on year until 201,for the first time has reported a sharp drop in its Net Profits and Operating Margins. All thanks to telecom disruptor ... Read More »

Reliance Jio Extends Prime Offer Till April 15; Gets 72 Million Prime Users

Mukesh Ambani JIO

Reliance Jio has taken the Indian telecom market by storm with its Rock-Bottom pricing policy and 4G data services. Today it made another offer to data-hungry population India that we can not refuse. Mukesh Ambani announced that staggering 72 million customers have subscribed to Prime membership and Jio has extended that Prime membership availing deadline to April 15 citing unprecedented ... Read More »

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