Say will not screen films that are released on OTT simultaneously
Company plans to bring 5 million retailers and kirana stores on cloud
he two companies are , however, are not interested in buying spectrum held by RCom
Telcos said the spectrum allotted to Railways for captive use should not be utilised for commercial services for passengers as such services should be provisioned by entities that hold a valid license
Jio says it is keen to have more subscribers on long-term plans, even if this negatively affects revenue
Jio executives say FTTH is a one-time investment and future-proof
This allows the telco to report higher profit before tax even though it lags behind Airtel in terms of operating profit
After Jio's deal with Den and Hathway, Airtel will be left far behind with 2.5 million fixed broadband customers, most of them still connected by copper in the last mile
Irrespective of size or category, insurgent brands tend to upend business models irreversibly
COAI had on Saturday rebutted Jio's verbal offensive against it, saying that was duty-bound as an association to raise concerns related to growth of the sector
Refuting the claims by Reliance Jio, the incumbent operators today stressed that they are making massive investments in infrastructure and infusing equity from operating cash flows rather than relying on raising debt alone.The incumbents including Bharti Airtel, Vodafone, Idea Cellular and Telenor met the inter-ministerial panel today and presented their point of view and facts around the condition of the telecom sector. The panel was formed to resolve the financial stress of the sector, which has been plagued with a debt of around Rs 4.5 lakh crore and profits are going downward. The telcos said ever since Jio has launched services, the new entrant has adopted a predatory pricing approach, specifically aimed at winning market share.As per sources, the telcos said with silent launch, Jio started testing its services in December 2015 and by September, 2016 it has already acquired more than 6.5 million customers through private distribution of SIMs. Jio launched its services for "free" .
80% customers planning to upgrade to 4G are likely to consider Jio as the first option, report says
Appeal also sought to restrain Jio from providing its consumers with the zero tariff plan
RJIL reiterated that they desired to pursue all PoI-related discussions with the relevant operators directly
The top four existing telcos will consolidate their revenue market share by eating into the revenues of the smaller players, it said
The new mobile company alleges that this has been happening despite repeated reminders and bilateral meetings with incumbent operators