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Kerala Fibre Optic Network (KFON), the state-backed broadband initiative, has secured an Internet Service Provider - Category A (ISP-A) license, KFON is now formally positioned...
Brokerage firm Nomura in its latest note has upgraded the telecom player Vodafone Idea to Neutral and has increased its target price for Vodafone Idea stock.
Reliance Jio posted a stellar set of Q4 earnings. Reliance Jio’s Q4 net profit came in at Rs 5,337 crore, while margins improved further to 52.4% during the quarter.
Vodafone Idea’s Rs 18,000 crore FPO was subscribed over 6 times on final day of bidding. Vodafone Idea received bids for nearly 80 billion shares against 12.6 billion shares on the offer.
Nokia is now facing a significant setback in its third-quarter sales, experiencing a 20% decline, with comparable net sales dropping to 4.98 billion euros.
The launch of JioAirFiber on Tuesday, September 19, signifies a major step towards India’s goal of providing its 1.4 billion inhabitants with access to the latest technologies at affordable prices.
The promotion starts on Wednesday and runs until October 13. On October 31, the business will begin trading on the exchange.
The article covers the key highlights and announcements from the 46th Annual General Meeting (AGM) of Reliance Industries Limited (RIL) held on August 28, 2023. Some of the major announcements include the launch of JioAir Fibre on September 19, 2023, Jio Financial Services’ foray into the insurance segment, and the induction of Isha, Anant, and Akash Ambani into the board of directors of Reliance Industries. The AGM was held just weeks after the listing of Jio Financial Services on India’s stock exchanges.
The largest spectrum footprint is that of Jio. Each of Jio's 22 circles also has 1,000 MHz in the millimeter wave band (26 GHz), which will specifically enable enterprise use cases and offer top-notch streaming capabilities.
The 5G network's rollout in India is moving along quickly. The road network will gain considerably from the completion of around 1 lakh sites in 5 months, followed by 2 lakh in 8 months, and 3 lakh in 10 months.