Here are the top business headlines on Tuesday morning
Adjusted net debt, however, at Rs 2.57 trillion is higher and would take longer to repay
It wants to push the pedal on more than doubling its monthly acquisition of 2G customers from competing telecom companies.
Aimed at improving call quality in indoor areas, the service works on any Wi-Fi network and it is free for Reliance Jio customers
The number of telephone subscribers in India increased from 1,195.24 million in September to 1,204.85 million in October, showing a monthly growth rate of 0.80 per cent
The Supreme Court order for including non-core revenue in telecom groups' gross adjusted revenue -- the figure on which the levies are charged -- revived the rivalry between Ambani and Bharti Mittal
Jio's Rs 149 plan with 1.5 GB data will cost Rs 199 and 3-month plan with the same data limit will cost Rs 555, a jump of 39%
This is a sequel to Friday's announcement from RIL on a structure to make Jio debt-free. This is seen as a move towards a likely listing of the latter's shares
RIL's restructuring of telecom/ digital business raises focus on asset monetisation and debt reduction, says Morgan Stanley
In one signing of easing competition, Reliance Jio Infocomm Ltd. earlier this month said it was imposing a charge on voice calls that were formerly free
Due to availability of 4G services most of the time on Jio, Opensignal has found latency experience on its network better in overall score compared to other operators
After Trai consultation paper on review of IUC regime timeline, Reliance Jio has decided to charge users 6 paise a minute for calls to rival networks
The comments by Sunil Mittal-led Bharti Airtel came after Jio blamed Telecom Regulatory Authority of India (TRAI) of regulatory flip-flop on the IUC issue while announcing a levy of 6 paise per minute
Bharti Airtel's 4G coverage is less than half of Reliance Jio's but it has expanded its network more than three-folds since September 2017
Airtel followed Jio with an average download speed of 8.2 mbps, and was followed by Vodafone and Idea Cellular in August
BSNL, Vodafone and Idea recorded average upload speed of 1.2 Mbps on 3G network in July, while Airtel registered a lower upload speed of 0.6 Mbps
The youngest operator took 3 years to claim the top spot, changing the industry in the process
Both Jio and Idea have continued to maintain their leadership in their respective segment since last several months