Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul><li>The <keyword id="14841109" type="General" weightage="100" keywordseo="jioairfiber" source="Orion">JioAirFiber</keyword> service has been launched in eight cities across India.</li><li>The JioAirFiber, which uses 5G technology is priced starting at ₹599 per month.</li><li>We look at JioAirFiber’s plans, benefits and compare it with <keyword id="18056949" type="General" weightage="80" keywordseo="airtel-xstream-airfiber" source="Orion">Airtel Xstream AirFiber</keyword>.</li></ul> Billionaire Mukesh Ambani-led <keyword id="6354504" type="General" weightage="50" keywordseo="reliance-jio" source="Orion">Reliance Jio</keyword> has launched the JioAirFiber, its latest offering in the country. The company has introduced several plans for the service, offering additional benefits with the plans. The JioAirFiber was announced at the company’s annual general meeting (AGM) last month and has finally been launched across eight cities. This will take on <keyword id="15491" type="General" weightage="80" keywordseo="airtel" source="Orion">Airtel</keyword>’s Xstream AirFiber that was launched recently. For those unaware, JioAirFiber uses 5G technology to offer broadband services. This includes the installation of an outdoor unit on your rooftop and a wireless router. <cmsannotation type="cmsannotation" annotationid="JioAirFiber Plans" comment="subhead" text="JioAirFiber Plans"><keyword id="18844453" type="General" weightage="20" keywordseo="JioAirFiber-plans" source="Orion">JioAirFiber Plans</keyword></cmsannotation> JioAirFiber has been priced starting at ₹599 and goes up to ₹3,999 per month. In addition to the internet, the plans come with benefits such as access to over 550 digital channels and 14 OTT apps. The company’s premium plans also come with Netflix, Amazon Prime and JioCinema Prime subscription. The JioAirFiber connection comes with a 4K set top box and a WiFi router. <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#000000;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Price </td><td style="border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#000000;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Speed </td><td style="border-right:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#000000;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">OTT </td></tr><tr><td style="border-left:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹599 </td><td style="border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">30 Mbps </td><td style="border-right:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">14 apps </td></tr><tr><td style="border-left:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹899 </td><td style="border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">100 Mbps </td><td style="border-right:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">14 apps </td></tr><tr><td style="border-left:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹1,199 </td><td style="border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">100 Mbps </td><td style="border-right:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">14 apps + Premium apps </td></tr><tr><td style="border-left:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹1,499 </td><td style="border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">300 Mbps </td><td style="border-right:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">14 apps + Premium apps </td></tr><tr><td style="border-left:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹2,499 </td><td style="border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">500 Mbps </td><td style="border-right:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">14 apps + Premium apps </td></tr><tr><td style="border-left:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹3,999 </td><td style="border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">1,000 Mbps </td><td style="border-right:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">14 apps + Premium apps </td></tr></tbody><tbody></tbody><tbody></tbody></table> As mentioned above, the premium apps include Netflix, Amazon Prime and JioCinema Prime. <cmsannotation type="cmsannotation" annotationid="JioAirFiber availability" comment="subhead" text="JioAirFiber availability">JioAirFiber availability</cmsannotation> The JioAirFiber is currently available in eight cities: <ul><li>Ahmedabad</li><li>Bengaluru</li><li>Chennai</li><li>Delhi</li><li>Hyderabad</li><li>Kolkata</li><li>Mumbai</li><li>Pune</li></ul><cmsannotation type="cmsannotation" annotationid="Jio AirFiber vs Airtel Xstream AirFiber" comment="subhead" text="Jio AirFiber vs Airtel Xstream AirFiber">Jio AirFiber vs <keyword id="8052861" type="General" weightage="80" keywordseo="airtel-xstream" source="Orion">Airtel Xstream</keyword> AirFiber</cmsannotation> Unlike Jio, Airtel has only introduced a single plan at the moment. The company has introduced a six-month plan that is priced at ₹799 per month. On top of this, users will have to pay an additional ₹2,500 security. The Airtel Xstream AirFiber plan offers speeds of up to 100 Mbps. It competes with Jio’s ₹899 plan. The Airtel plan is currently available in Delhi and Mumbai. Unlike Jio’s plans, the Airtel Xstream AirFiber does not come with access to OTT apps or digital channels. If you are looking for a 100 Mbps plan without any subscriptions, you can go with Airtel’s plan, which is slightly cheaper. However, Jio’s plans offer better benefits and allow you to change your speeds based on your needs. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/new-google-bard-allows-you-to-search-gmail-work-docs-and-more/articleshow/103800570.cms">Bard gets access to Google Apps – You can now search your Gmail or Docs for information</a> <a href="https://www.businessinsider.in/tech/mobile/news/samsung-galaxy-z-fold-5-review-price-and-features/articleshow/103760937.cms">Samsung Galaxy Z Fold 5 review – The foldable segment’s bar raised</a> <a href="https://www.businessinsider.in/tech/mobile/news/iphone-14-iphone-13-get-a-price-cut-how-to-own-one-with-an-additional-discount/articleshow/103693944.cms">iPhone 14, iPhone 13 get a price cut – How to buy one with an additional discount</a>

JioAirFiber launched in metros – plans and benefits versus the Airtel Xstream AirFiber

<ul><li>Reliance Jio and Airtel have reported an increase in subscribers in July 2023.</li><li>Cash-strapped Vi has once again reported a decline in subscribers during the month.</li><li>There has been a significant increase in active subscribers of Airtel and Jio.</li></ul> Reliance Jio and Airtel have once gained subscribers at the cost of Vi in July 2023, continuing the ongoing trend. The troubled telco, which is the only private operator to have not rolled out 5G services in the country, lost 1.32 million subscribers in July 2023 according to data from Telecom Regulatory Authority of India (TRAI). During this period, Mukesh Ambani-led Reliance Jio has emerged as the biggest winner, gaining 3.9 million subscribers. Airtel on the other hand gained 1.52 million subscribers. State-owned BSNL also reported a decline of 1.41 million subscribers. With this, Jio’s subscriber base has increased to 442.49 million subscribers, followed by Airtel with 375.24 million subscribers. Vi is a distant third with 228.33 million subscribers. <cmsannotation type="cmsannotation" annotationid="Highest monthly addition in subscribers" comment="subhead" text="Highest monthly addition in subscribers">Highest monthly addition in subscribers</cmsannotation> The total mobile subscribers increased by 2.7 million users in July 2023, the highest monthly increase since May 2022. This has also resulted in an increase in active subscribers to 1046.41 million users in July 2023. <cmsannotation type="cmsannotation" annotationid="Jio continues to lead the industry" comment="subhead" text="Jio continues to lead the industry">Jio continues to lead the industry</cmsannotation> Jio has further strengthened its lead against Airtel and Vi with an increase of 3.9 million subscribers in July 2023. With this, the company’s total subscriber base has increased from 438.58 million to 442.49 million users. While Airtel has reported an increase of 1.52 million subscribers, its total subscriber base is still significantly behind Jio at 375.24 million. <cmsannotation type="cmsannotation" annotationid="Tariff hike unlikely before the 2024 elections" comment="subhead" text="Tariff hike unlikely before the 2024 elections">Tariff hike unlikely before the 2024 elections</cmsannotation> In good news for users, Kotak has predicted that a tariff hike is unlikely before the 2024 general elections. The competition among telcos has increased, making a tariff hike a difficult proposition. In July 2023, mobile number portability (MNP) requests surged to 11.8 million. This indicates increased competition among telcos to gain subscribers. “MNP requests stayed elevated at 11.8 mn, indicating intense competition to gain subs, with tariff hikes unlikely until after the 2024 general elections, in our view,” Kotak said in its report. <cmsannotation type="cmsannotation" annotationid="Interest in 5G to further decrease Vi’s subscribers" comment="subhead" text="Interest in 5G to further decrease Vi’s subscribers">Interest in 5G to further decrease Vi’s subscribers</cmsannotation> As Vi is the only major telco yet to roll out 5G services, the telco is expected to further lose subscribers in the coming months as users port out to Jio and Airtel to experience faster speeds. “Expect MNP requests to stay elevated partly due to Vi users porting out to experience 5G on Airtel and Jio,” said Jefferies in its report. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/jsw-infra-ipo-allotment-how-to-check-allotment-gmp-listing-date-and-more/articleshow/104033135.cms">JSW Infra IPO allotment – how to check allotment, GMP, listing date and more</a> <a href="https://www.businessinsider.in/tech/mobile/news/pixel-8-launch-on-oct-4-from-camera-to-design-specifications-what-we-know-so-far/articleshow/103924696.cms">Pixel 8 launch on Oct 4 – From camera to design specifications, what we know so far</a> <a href="https://www.businessinsider.in/business/telecom/news/jioairfiber-launched-in-metros-plans-and-benefits-versus-the-airtel-xstream-airfiber/articleshow/103804858.cms">JioAirFiber launched in metros – plans and benefits versus the Airtel Xstream AirFiber</a>

Jio pips Airtel to gain more subscribers but Vi continues to bleed

<ul><li>The demerger of <keyword id="15323576" type="General" weightage="20" keywordseo="jio-financial-services" source="Orion">Jio Financial Services</keyword> (JFS) in the coming months and listing on the stock exchanges is a ‘key moment’ for the Reliance Industries’ stock. </li><li>The JFS demerger is expected to act as a catalyst that the parent Reliance Industries was missing, which is evident from the sagging stock price. </li><li>JFS’ entry could also prove to be a challenge to existing players in the space like Bajaj Finance, Paytm and PhonePe, and a successful take off could also result in attrition at banks and non-banking financial companies (NBFC).</li></ul>The <keyword id="17044379" type="General" weightage="20" keywordseo="demerger-of-jio" source="Orion">demerger of Jio</keyword> Financial Services (JFS) in the coming months and listing on the stock exchanges is a ‘key moment’ for the Reliance Industries’ stock, according to analysts at Nomura. Strong fundamentals and business outlook aside, shares of Reliance Industries (RIL) have gone nowhere since March last year. After hitting a fresh 52-week low in March this year, RIL shares are still down over 10% in 2023. The JFS demerger could be just what the parent’s shares need – value unlocking. The JFS demerger is expected to act as a catalyst that the parent Reliance Industries has been missing. “The listing and value unlocking from RIL’s financial services business in the coming months will be a key event for the stock,” said Nomura in its latest note, adding that the decline in Reliance’s shares is due to “index-related sell-off”. According to the terms of the demerger announced in October last year, all existing shareholders of Reliance Industries will get one share in JFS for each share held in the parent company. The company has now <a href="https://www.businessinsider.in/business/corporates/news/ril-calls-for-shareholder-creditor-meeting-to-approve-demerger-of-financial-services-arm/articleshow/99116790.cms">called</a> for a meeting of creditors and shareholders on May 2 for the requisite approvals. JFS is expected to list in September this year. “As JFS scales up, it can drive value unlocking given higher multiples for peers in these industries,” Nomura said. Jefferies has pegged the valuation of JFS in the range of ₹90,000 crore to ₹1.5 lakh crore, with each share of JFS valued at ₹179 in the brokerage’s base case scenario. Demerger to help JFS ‘dominate’ the industry Looking beyond the benefits for RIL’s shares, the JFS demerger will also help the financial services business attract investors and challenge existing players in the sector like Bajaj Finance and Paytm. “The demerger would help the financial services business to attract different sets of investors, strategic partners and lenders having specific interests in the financial services business,” Nomura added. Analysts at Jefferies underlined that JFS would be able to leverage the large distribution network, customer base and deep pockets of Reliance to take on existing players like Bajaj Finance, Paytm and PhonePe, among others. It will also allow JFS to emerge as the fifth largest financial services company in terms of net worth. Reliance has already made several moves to give JFS the best possible start – this includes bringing in KV Kamath, the former non-executive chairman of ICICI Bank, as its chairman. Subsequently, Kamath hired a former ICICI Bank talent, Manish Singh, to help him build a team as JFS draws closer to launch. Analysts are already watching for attrition at banks and non-banking financial companies or NBFCs. JFS to focus on consumers and merchants Leveraging Reliance’s wide reach in consumer and retail segments thanks to Reliance Jio and Reliance Retail, JFS is expected to focus on consumers and merchants as it kicks off its innings post the demerger. “JFS' key advantage will be low funding cost/ better access on the back of the group's high credit rating and ownership of 6.1% stake in RIL,” said Jefferies. Reliance’s retail arm reported<a href="https://www.businessinsider.in/business/corporates/news/reliance-retails-q3-net-profit-up-6-2-at-2400-crore-finance-costs-depreciation-weigh/articleshow/97179758.cms"> 201 million footfalls</a> across its network of 17,225 stores in Q3, which is an increase of nearly 26% year-on-year. Its telecom arm, Reliance Jio, has been the market leader for several months now, with a total subscriber base of 426 million as of January 2023. This gives JFS a strong pool of consumers to dip into. The recent acquisition of<a href="https://www.businessinsider.in/business/corporates/news/reliance-retail-to-acquire-wholesaler-metro-cash-carry-for-2850-crore/articleshow/96415905.cms"> Metro Cash &amp; Carry</a> will also give the company access to 3 million merchants, of which 1 million are frequent buyers. Upcoming Reliance AGM could lay down the blueprint of JFS strategy Reliance is expected to lay down the blueprint of its JFS strategy in detail at its upcoming annual general meeting (AGM), likely in August. This is ahead of the expected listing of JFS in September this year. “While significant efforts are needed to scale the financials business, given RIL’s robust execution, capacity to invest, industry-leading retail infrastructure and leading market share across the retail and telecom industry, it appears likely that RIL will dominate the industry,” said the analysts at Nomura, expressing their optimistic outlook. On the whole, analysts are bullish overall on RIL’s prospects and the JFS demerger, which has earned the company a stock price upgrade from analysts at Jefferies – to ₹3,100 from ₹3,060 earlier. Analysts at Nomura have given a target price of ₹2,850. The recent price correction has also prompted the analysts at JP Morgan to say that this is an<a href="https://www.businessinsider.in/stock-market/news/reliance-shares-down-22-from-all-time-high-attractive-entry-opportunity-says-jp-morgan/articleshow/98725589.cms"> “attractive entry opportunity”</a>. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/reliance-shares-down-22-from-all-time-high-attractive-entry-opportunity-says-jp-morgan/articleshow/98725589.cms">Reliance shares down 22% from all-time high: Attractive entry opportunity, says JP Morgan</a> <a href="https://www.businessinsider.in/finance/banks/news/loan-growth-showing-signs-of-reversal-from-cyclical-highs-but-asset-quality-to-remain-healthy/articleshow/99245377.cms">Loan growth showing signs of reversal from cyclical highs, but asset quality to remain healthy</a> <a href="https://www.businessinsider.in/business/corporates/news/tcs-infosys-hcl-tech-amongst-top-picks-of-analysts-heading-into-the-q4-earnings-season/articleshow/99235686.cms">TCS, Infosys, HCL Tech amongst top picks of analysts heading into the Q4 earnings season</a>

Jio Financial Services demerger and listing a ‘key moment’ for Reliance stock

<ul><li><keyword id="6354504" type="General" weightage="50" keywordseo="reliance-jio" source="Orion">Reliance Jio</keyword> and <keyword id="15491" type="General" weightage="80" keywordseo="airtel" source="Orion">Airtel</keyword> have reported an increase in subscribers in December 2022.</li><li>Cash-strapped <keyword id="1553175" type="General" weightage="50" keywordseo="vodafone-idea" source="Orion">Vodafone Idea</keyword> once again reported a decline in subscribers.</li><li>There has been a significant increase in active subscribers of Airtel and <keyword id="2003276" type="General" weightage="100" keywordseo="jio" source="Orion">Jio</keyword>.</li></ul>Reliance Jio and Airtel have once gained subscribers at the cost of cash-strapped <keyword id="176019" type="General" weightage="20" keywordseo="vi" source="Orion">Vi</keyword> in December 2022. The troubled telco, which is the only private operator to not roll out 5G services in the country, lost 2.47 million subscribers in December 2022. During the same period, Mukesh Ambani-led Reliance Jio gained 1.7 million subscribers, followed by Airtel, which gained 1.52 million subscribers. The total subscriber base also reported a decline of 1.12 million users, falling from 1.143 billion to 1.142 billion in December 2022. <cmsannotation type="cmsannotation" annotationid="Active subscribers receive a big boost" comment="subhead" text="Active subscribers receive a big boost">Active subscribers receive a big boost</cmsannotation> December 2022 has come as a boost to telcos as the active subscriber base has seen the highest net addition in the last 10 months. The three telcos reported a net addition of 8.6 million active subscribers. While Jio led the charge in net subscriber addition, Airtel reported the highest increase of active subscribers at 5.98 million, followed by Jio at 2.97 million. Vi on the other hand lost 0.12 million active subscribers. The active subscriber base has come from across areas, with A-circles and B-circles leading at 3.8 million and 2.9 million respectively. Metros have also reported an increase of 1.6 million active subscribers. With this, Jio now has 391 million active subscribers, followed by Airtel’s 365 million active subscribers. Vi is again lagging with 209.6 million active subscribers. <cmsannotation type="cmsannotation" annotationid="Vi’s trouble continues as it loses 2.47 million subscribers" comment="subhead" text="Vi’s trouble continues as it loses 2.47 million subscribers">Vi’s trouble continues as it loses 2.47 million subscribers</cmsannotation> Vodafone Idea’s troubles have worsened and the telco<a href="https://www.businessinsider.in/business/telecom/news/vodafone-idea-q3-net-loss-widens-to-7990-crore-average-revenue-per-user-edges-up-to-135/articleshow/97939836.cms"> reported</a> a net loss of ₹7,990 crore in Q3. This was marginally higher than the loss of ₹7,596 crore the company reported in Q2. After losing 2.47 million subscribers in December 2022, the telco’s total subscribers have declined to 241.32 million. As per TRAI, its gross subscriber base has declined from 265 million in January 2022 to 241.32 million in December 2022, which is a decline of 23.68 million subscribers during the period. <cmsannotation type="cmsannotation" annotationid="Jio continues to lead the sector" comment="subhead" text="Jio continues to lead the sector">Jio continues to lead the sector</cmsannotation> Reliance Jio has further strengthened its subscriber base, taking its total subscriber count to 424.52 million. The company’s gross subscribers increased from 406 million in January 2022 to 424.52 million in December 2022, The telco had<a href="https://www.businessinsider.in/business/telecom/news/reliance-jios-net-profit-up-3-2-sequentially-at-4881-crore-in-q3-on-better-subscriber-mix/articleshow/97179677.cms"> reported</a> a ₹4,881 net profit in Q3, slightly up from ₹4,729 crore in the previous quarter. <cmsannotation type="cmsannotation" annotationid="Airtel continues its growth, active subscribers jump" comment="subhead" text="Airtel continues its growth, active subscribers jump">Airtel continues its growth, active subscribers jump</cmsannotation> December 2022 has turned out to be excellent for Airtel. The telco not only reported an increase of 1.52 million net subscribers, its active subscribers have jumped by nearly 6 million, the highest increase it has reported in the last two years. The telco<a href="https://www.businessinsider.in/business/telecom/news/bharti-airtel-q3-net-profit-jumps-91-to-1588-crore-misses-estimates/articleshow/97698481.cms"> reported</a> a Q3 net profit of ₹1,588 crore, which was significantly lower than expectations. SEE ALSO: <a href="https://www.businessinsider.in/business/telecom/news/airtel-hikes-the-price-of-its-base-plan-by-57-reduces-validity-to-24-days/articleshow/97299532.cms">Airtel price hike announced – customers will have to pay 57% more for the telco’s cheapest plan</a> <a href="https://www.businessinsider.in/business/telecom/news/reliance-jio-launches-its-first-5g-data-pack-price-benefits-how-to-use/slidelist/96874180.cms">Reliance Jio launches its first 5G data pack – price, benefits, how to use</a> <a href="https://www.businessinsider.in/business/telecom/news/reliance-jio-continues-to-lead-the-telecom-industry-as-its-active-subscribers-increase-by-4-9-million/articleshow/96395806.cms">Reliance Jio continues to lead the telecom industry as its active subscribers increase by 4.9 million</a>

Reliance Jio and Airtel add subscribers as Vodafone Idea continues to bleed subscribers

The shareholders of <keyword id="10926" type="CITY" weightage="20" keywordseo="Reliance">Reliance</keyword> Infrastructure Limited (Reliance Infra), through postal ballot, have approved with overwhelming majority, the raising of funds upto ₹550.56 crore by preferential allotment of upto 8.88 crore equity shares and/or warrants convertible into equivalent number of equity shares of the Company to promoters and <keyword id="11588068" type="UNKNOWN" weightage="20" keywordseo="vfsi-holdings-pte">VFSI Holdings Pte</keyword>. Limited, an affiliate of <keyword id="11588067" type="UNKNOWN" weightage="20" keywordseo="varde-investment-partners">Varde Investment Partners</keyword>, LP. The shareholders of Reliance Infra have also approved with overwhelming majority, the raising of funds by issue of Foreign Currency Convertible Bonds (FCCB) up to 24 per cent of the than fully diluted equity share capital of the Company. The funds raised would be utilised for long term resources, for general corporate purposes and to fund future growth. Reliance Infrastructure Limited (RInfra) is one of the largest infrastructure companies, developing projects through various <keyword id="732527" type="ORGANIZATION" weightage="20" keywordseo="Special-Purpose-Vehicles">Special Purpose Vehicles</keyword> (SPVs) in several high growth sectors such as Power, Roads and Metro Rail in the Infrastructure space and the Defence sector. RInfra is a major player in providing Engineering and Construction (E&amp;C) services for developing power, infrastructure, metro and road projects. RInfra through its SPVs has executed a portfolio of infrastructure projects such as a metro rail project in Mumbai on build, own, operate and transfer (BOOT) basis; nine road projects on build, operate and transfer (BOT) basis. RInfra is also a leading utility company having presence in <keyword id="532777" type="PERSON" weightage="20" keywordseo="power-distribution-business">Power Distribution Business</keyword> in Delhi. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/tiger-global-backed-moglix-acquires-b2b-e-commerce-platform-vedaxo/articleshow/84198960.cms">Tiger Global-backed Moglix acquires Vendaxo, a startup that sells used machinery to companies</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/titans-revenue-in-the-june-2021-quarter-doubled-from-a-year-ago/articleshow/84198618.cms">Titan's revenue in June 2021 quarter doubled from a year ago when business was under complete lockdown for most part</a>

Anil Ambani's Reliance Infra, the company behind Mumbai Metro, to raise ₹550 crore for future growth

<keyword id="6354504" type="General" weightage="50" keywordseo="reliance-jio" source="Orion">Reliance Jio</keyword> on Friday announced that it is the only operator to provide its 5G services -- True-5G -- across the <keyword id="66" type="General" weightage="50" keywordseo="delhi" source="Orion">Delhi</keyword>-NCR region, including Delhi, Gurugram, Noida, Ghaziabad, Faridabad and other major locations. The telecom firm said it was rolling out the most-advanced True-5G network at a rapid pace and was covering major parts of this geography. A <keyword id="2003276" type="General" weightage="100" keywordseo="jio" source="Orion">Jio</keyword> spokesperson said, "Covering the majority of the <keyword id="6360421" type="General" weightage="50" keywordseo="national-capital" source="Orion">National Capital</keyword> and <keyword id="53426" type="General" weightage="80" keywordseo="ncr" source="Orion">NCR</keyword> region is a matter of pride for us... The reason Jio engineers are working round the clock to deliver True5G to every Indian is because of the transformational power of this technology and the exponential benefits it can deliver to every citizen." The telco said that this transformational network would be present across all important localities and areas including but not limited to most residential areas, hospitals, schools, colleges and universities, government buildings, malls, and markets. It is also said it will be available in high-footfall areas such as tourist spots and hotels, tech parks, roads, highways and metros. The telecom firm said lakhs of Jio users in the Delhi-National Capital Region (NCR) are already enjoying the Jio Welcome Offer, in which they experience unlimited data at up to 1 gigabit per second (Gbps+) speeds at no additional cost. The telecom firm also said this was possible because of stand-alone 5G architecture with zero dependencies on the 4G network, of the largest and best mix of 5G spectrum across 700 MHz, 3500 MHz, and 26 GHz bands and that it seamlessly combines this fifth-generation mobile (5G) frequencies into a single robust "data highway", using an advanced tech called Carrier Aggregation. It added more Jio users in Delhi-NCR will continue to be invited to the Jio Welcome Offer. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/ecommerce/news/one-in-every-five-online-orders-had-a-kurti-or-saree-in-their-cart-redseer/articleshow/95598263.cms">One in every five online orders had a kurti or saree in their cart: RedSeer</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/auto/news/2022-jeep-grand-cherokee-is-a-luxury-4x4-adventurer-at-77-5-lakh-heres-all-you-need-to-know/slidelist/95595383.cms">2022 Jeep Grand Cherokee is a luxury 4x4 adventurer at ₹77.5 lakh</a>

You Searched For "reliance metro" and got 6 results

JioAirFiber launched in metros – plans and benefits versus the Airtel Xstream AirFiber

Sourabh Jain

Jio pips Airtel to gain more subscribers but Vi continues to bleed

Sourabh Jain

Jio Financial Services demerger and listing a ‘key moment’ for Reliance stock

Rounak Jain

Reliance Jio and Airtel add subscribers as Vodafone Idea continues to bleed subscribers

Sourabh Jain

Anil Ambani's Reliance Infra, the company behind Mumbai Metro, to raise ₹550 crore for future growth

IANS

Jio 5G services now available across Delhi-NCR, says Reliance

ANI

Popular Keywords

Buying Guides