Reliance JioFibre Broadband Dominates BSNL And Airtel In Home Broadband Segment, Reliance Gained 2.01 Million Users, VIL Lost 0.1

reliance jiobibre broadband

With passing time, a tug of war between India’s leading telecom operators is getting tougher. However, Nomura Research, a Japanese analyst firm’s data interpretation, shows that Reliance JioFibre Broadband has dominated the state-owned BSNL’s ( Bharat Sanchar Nigam Limited) broadband network and has pushed down Bharti Airtel to the third position in India’s telecom sector.

As per the data published by the Telecom Regulatory Authority of India, The Mukesh Ambani group managed to add .019 million subscribers to its Reliance JioFibre Broadband network in November 2021, which made the total number of active Reliance JioFibre Broadband users to 4.3 million. Jio, in terms of broadband users, surpassed Bharti Airtel and Bharat Sanchar Nigam Limited (BSNL) to become India’s number one wired broadband service provider. As of November 2021, Bharti Airtel had 4.1 million users, while BSNL had 4.2 million users.

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Mukesh Ambani introduced the Reliance JioFibre Broadband network in India two years ago in September 2019. Over two years, the broadband service reached India’s tier 2 and tier 3 cities as the company provided internet service at a significantly low cost.

As per statistics collected by the industry regulator, Reliance Jio first gained surplus customers than Airtel in the number of home internet subscribers counted in August last year. Later, the telecom company continued to maintain its position in the following months. However, the Reliance JioFibre Broadband network continued to trail behind BSNL until October 2021. According to ICICI Securities, the market share of Reliance JioFibre Broadband stood at 17.8 at the November month-end against BSNL (17.2 percent) and Airtel (16.7 percent).

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Bharti Airtel witnessed the maximum number of active mobile users until November 2021. Until November 2021, Bharti Airtel added a whopping 1.8 million users to its total number of active users – 348 million. Reliance Jio, on the other hand, remained sluggish in adding new users to its active customer base. However, Reliance Jio remained the market leader with the most number of active users and active user share scores. Reliance Jio’s active user base at the end of November 2021 stood at 360 million. Visitor Location Register data also confirmed the number of active mobile network users.

According to their estimates, with the basic prepaid plans starting at Rs 99 between July and November 2021, experts predict Airtel and Vi’s active user additions to stay low in the next few months.

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Reliance JioFibre Broadband Vs Rivals

As per the figures, the total number of customers using mobile networks stayed stagnated at 996 million. Additionally, the telecom industry experts also noticed a tremendous surge in Reliance Jio’s subscriber base during November 2021 compared to its rivals.

Reliance JioFibre Broadband retained its market share position to 55.2 percent after adding the biggest number of Mobile Broadband (MBB) subscribers. At the same time, Bharti Airtel added 1.3 million broadband users to its network, which helped the brand accommodate a 26.6 percent market share. Vodafone Idea (VIL) is bad cash strapped witnessed a steep fall in its subscriber base. The loss-making telecom operator lost 0.1 million mobile network users during the same period. Vodafone Idea’s market share stands at 15.8 percent.

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Mukesh Ambani backs data privacy, cryptocurrency bills

Billionaire Mukesh Ambani on weekday backed the projected data privacy and cryptocurrency bills, saying that india is fixing in place the foremost progressive policies and laws.

Ambani, who has been a votary of Indians owning and controlling their own data and therefore the nation drafting strict rules around how digital data is hold on and shared, said nations have the right to correct and defend strategic digital infrastructure.

Stating that knowledge is that the ‘new oil’, he said that each citizen’s right to privacy needs to be safeguarded.

“India is fixing place the foremost progressive policies and laws,” he said at the eternity Forum, hosted by International Financial Services Centres Authority (IFSCA).

The country, he said, already incorporates a nice framework of digital identity – through Aadhaar, digital bank accounts and digital payments.

“We are on the verge of introducing data privacy bill, and therefore the cryptocurrency bill. I believe that we are on the correct track,” he said.

The comments came as the government appearance to bring a brand new bill in Parliament to treat cryptocurrencies as a monetary plus whereas safeguarding tiny investors. The legislation might stipulate a minimum quantity for investments in digital currencies whereas forbidding their use as monetary system.

The legislative agenda for this winter session of Parliament that started on November twenty nine lists transferral of a bill that seeks to ban all non-public cryptocurrencies except “certain exceptions to promote the underlying technology of cryptocurrency and its uses.”

Whereas the govt is considering heavy gains from cryptocurrency, The Reserve Bank of India desires an entire ban on digital currencies because it feels this might have an effect on the nation’s political economy and financial stability.

“Data and digital infrastructure is strategically vital for Asian country and each different nation within the world. Each country has the correct to make and defend this strategic digital infrastructure,” he said adding that international standard was required in order if the cross-border transactions, collaborations and partnerships don’t seem to be hampered.

Stating that each citizen’s right to privacy needs to be safeguarded, he said the correct policies and therefore the right regulative framework ought to balance this with the nation’s urge to guard data and digital infrastructure.

Ambani, chairman and director of Reliance Industries Ltd, said that he was a giant believer in blockchain technology.

“I believe blockchain technology and this can be totally different from cryptocurrency,” he said, adding, “Blockchain is extremely vital for a trust based, equitable society.”

Whereas the bill for regulation cryptocurrency is within the works, run batted in Governor Shaktikanta Das is among those that feel that the blockchain technology underpinning cryptocurrencies might exist on its own, even while not the currency.

“Using blockchain, we are able to deliver unprecedented security, trust, automation and potency to almost any kind of transaction,” Ambani said. “It will be used to modernize our supply chains that form the lifeblood of our economies.”

India is currently well on its way to remodeling itself into a number one Digital Society, having place the digital infrastructure, and therefore the regulative framework in place.

“Data is now the ‘new oil’. However the new oil is essentially totally different from the standard oil. Ancient oil was extracted solely at chosen places – therefore, it created wealth just for some countries. In distinction, the new oil — that’s data — will be generated and consumed all over and by everyone. It’s the potential to make price equitably, across sectors, across geographies, across economic categories,” he said.

His comments come back against the backcloth of a dialogue on how our country ought to balance user protections with support for its digital economy within the world’s fastest-growing major net market. Foreign firms and many home-grown startups have flourished amidst a scarcity of regulation.

Ambani’s Jio has supercharged net adoption, serving to crash data costs since launch in 2016. His group has currently created an online-to-offline retail platform battle with the likes of Amazon and Walmart-backed Flipkart, that are each dissipated huge on India’s e-commerce market.

The country, he said, is transitioning totally from 2G to 4G. “We are within the method of making a equally cheap scheme of devices to modify bigger adoption, supported by a quicker rollout of cloud, optical fiber, and data center infrastructure.

“The next step is going to be the connectivity of machines, devices and vehicles, that is that the Internet of Things. With 5G rollout next year in the country, We are on our way to having one among the foremost advanced digital infrastructures anywhere in the world.” Ambani said that India is well on its way to remodeling itself into a number one Digital Society, having place the digital infrastructure, and therefore the regulative framework in place.

JioPhone Next Available On Sale This Diwali At Just Rs 1999, See EMI Options And Phone Specifications

jiophone next launching this diwali

Jiophone Next is all set to be available for sale this Diwali season. Jio has promulgated the price of JioPhone Next, which is Rs 6499. The Mukesh Ambani led company has also prepared a few packages for purchasing the newly released jiophone next and can be bought in easy instalments. Jio and Google have jointly created the JioPhone Next that is packed with valuable features.

JioPhone Next Price and Available Purchasing Options

JioPhone Next will be available for sale at the price tag of Rs 6499 shortly. Buyers can purchase the phone in easy instalments of 18 months and 24 months or pay the total price in one go. In the case of EMIs, the buyers will have to pay Rs 1999 as a down payment. The rest amount will be converted into easy EMIs.

Jio Group has announced several instalment plans for its customers to purchase the phone without hurting their budget during the festive season.

  1. Always-on Plan
    The Always-on Plan comes in 18 months and 24 months EMI options. Buyers will have to pay Rs 350 and Rs 300 for the respective plans. The plan comprises 5GB of 4G Data and 100 free minutes per month.
  2. Large Plan (L)
    The large plan is also divided into two different EMIs tenure – 18 months and 24 months. In this plan, the buyers are supposed to pay Rs 500 and Rs 450, respectively, depending upon the prefered EMI tenure. The plan consists of 1.5GB of data per day and unlimited phone calling.
  3. Extra Large Plan (XL)
    Like the above two, the extra-large plan also comes in two different tenure options. Buyers will have to pay Rs 550 for 18 months tenure and Rs 500 for 24 months tenure. The data consumption limit, in this plan, is set at 2GB per day and includes unlimited calls as well.
  4. Extra Extra Large (XXL)
    The extra-large is the last and biggest plan available for purchasing JioPhone Next. It also comes in 18 and 24 months options. Buyers will have to pay Rs 600 for 18 months and Rs 550 for 24 months. Users will get 2.5GB of data per day and unlimited calling till the validity of the pack.

The JioPhone Next, announced in Jio’s Annual General Meeting conducted in June, is made in a partnership with internet giant Google. The engineering team of Google has especially developed an Android-based operating system called Pragati OS for JioPhone Next. Talking about the camera, the front camera is 5 megapixels. At the same time, the rear camera is 13 megapixels and performs well in low light conditions.

JioPhone Next is powered by a Qualcomm Snapdragon 1.3GHz processor and embodies 2GB RAM and 32GB ROM, which can be further increased according to the need. Some of the phone’s unique features include onscreen text translation in about ten local languages and integrated Snapchat lenses in the default camera app.

‘I am proud that Jio and Google have accomplished this breakthrough phone to the Indian customers, despite worldwide supply chain impediments due to the corona pandemic. I have always been a strong advocate of the strength of the digital uprising to improve, encourage and empower 1.3 billion Indian people. We have demonstrated it in the past with network connectivity. Now we are doing it again with JioPhone Next, said the promoter of Reliance Group Mukesh Ambani while speaking on the context of the JioPhone Next.

The android based phone comes with pre-installed apps (bloatware), including MyJio, JioTv, JioCinema and JioSaavn. The screen size of the phone is 5.5 inch which has a 720 x 1440 screen resolution. 3500mAh battery provides power to the phone.

Reliance Retail net profit rises 74% to 1,695 crore in Q2

Reliance Retail, the retail arm of oil-to-telecom behemoth Reliance Industries, denote AN eighteen p.c increase in its revenue at Rs forty five,426 large integer for the quarter complete Sept 2021 as compared to Rs thirty eight,547 large integer logged within the previous quarter.

On a YOY basis, revenue grew by eleven p.c from Rs forty one,100 crore.

EBITDA jumped fifty p.c to Rs a pair of,913 large integer from Rs one,941 large integer within the previous quarter. On a YOY basis, it inflated by forty five p.c from Rs a pair of,006 crore.

The money profit for the corporate came in sixty two.9 p.c higher on a YOY basis at Rs a pair of,293 large integer whereas net profit jumped seventy four p.c to Rs one,695 large integer compared to Rs 973 large integer within the previous year.

Segment Performance

The retail business got a giant boost with the easing of COVID-related restrictions thanks to that the operative days on the market jumped from sixty one p.c half-moon to eighty nine p.c. This ensured recovery in footfalls that recovered to seventy eight p.c of pre-COVID levels as compared to forty six p.c half-moon.

Digital and new-commerce business section grew a pair of.4 times on a YOY basis on the rear of record orders across platforms particularly RJio & JioMart. robust double-digit growth was witnessed within the shopper physics business that was assisted by AN improved operative surroundings and gap of mall stores.

Digital platforms and new merchandiser partnerships helped the style and modus vivendi business succeed highest ever quarterly revenues that quite doubled this quarter compared to last year.

Ajio was additionally ready to increase its business by adding increasing its product portfolio and powerful execution, that helped double its revenues this quarter.

The grocery business continued to post double-digit growth because the stores witnessed higher operational hours and commencement of sales in non-essential classes.

Smart stores crossed the milestone of four hundred stores across the country out of that two hundred stores are launched within the last 2 years. JioMart expanded its presence to 249 cities, and kirana partnership and activation scaled up to twenty times over last year.

The performance of recent businesses like drug company, Zivame, and concrete Ladder was terribly strong and that they witnessed robust double-digit growth this quarter.

Forging New Partnerships

The business entered into a master franchise agreement with 7-Eleven opposition., a number one shop player globally, and launched its 1st store in Bombay with plans to scaling it across the country.

It nonheritable a ninety six.49 p.c stake in Aaidea Solutions non-public restricted (Milkbasket) that is India’s 1st and one in all the most important subscription-based daily micro-delivery services.

A fifty two p.c equity stake was nonheritable in Ritika, that owns the designer label Ritu Kumar.

The company took sole possession of simply Dial and currently holds sixty seven p.c equity in barely Dial restricted. Reliance Brands Ltd. entered into a strategic partnership with Manish Malhotra’s whole by exploit a forty p.c minority stake.

The company nonheritable the house ornament business of artistic cluster beneath the brands ‘Portico’ and ‘Stellar Home’ on a slump sale, going concern basis.

Commenting on the performance of the business, Mukesh Ambani, chairman and decision maker aforementioned, “Reliance Retail continues to grow on the rear of fast growth of each physical stores and digital offerings leading to healthy growth in revenues and margin expansion”.

The company includes a total of thirteen,635 physical stores operational, out of that 813 stores were opened throughout the quarter. the realm of operation was ~ thirty seven.3 million sq. feet as compared to twenty nine.7 million sq. feet within the corresponding quarter of the previous year.