Friday, March 01, 2013

Reliance Jio Infocomm (formerly Infotel Broadband) - Updates #3

I am leeching all news updates of Reliance Jio Infocomm (RIL Infotel Broadband) for some months as I am closely following the developments over internet.

Earlier I made two posts, which continue in this post too.

Reliance Infotel - Updates #1
Reliance Infotel - Updates #2

Reliance Infotel Broadband is now Reliance Jio Infocomm - TimesofIndia

Reliance Infotel To Launch Video Ad Network - MediaNama

Reliance is looking for financial services, PoS with differnet banks - MediaNama

Navi Mumbai may get first 4G flavor from Jio Infocomm -  HinduBusiness
Street lamp posts will be added with smaller BTS.

DoT: voice calls are allowed over 4G/LTE with payment of Rs 1650 Crore. Details!

LightReading's 4G updates - Airtel, Aircel, RJI, Videocon, Tikona

Airtel tested voice over LTE/4G in Pune, and planning to rollout services. Airtel also plans to start 4G in ChandiGarh in March 1st week.

Is Mukesh Ambani making a telecom comeback with Reliance Jio? - firstpost

Row over voice services on broadband gets shrill - TheHindu

Mukesh Ambani’s $10-billion telecom foray set to alter telecom order - ETT

$10-billion telecom foray

 Telecom foray will cost Ambani $10 billion, of which RIL has spent about $4 billion in getting licences and on infrastructure development. The company would spend $6 billion in the next three years to launch and stabilize operations. Riding on the success of its deal with BP, the company is eyeing to get the largest foreign direct investment in the country by selling a little over 25% stake in Reliance Jio for $3.5 billion to US-based AT&T, valuing the company at $14 billion — 60% more than the combined market cap of Idea Cellular  ($6.14 billion) and Reliance Communications ($2.4 billion) or 63% of Bharti Airtel's market cap of $22 billion, even before its launch.

Aims to be No. 1

It aims to become India's largest telecommunications player within three years of the launch and to break even by the end of third year. Analysts believe Ambani will definitely change the pecking order in the world's third biggest telecom market as most players are reeling under huge debts amid falling margins . Sunil Mittal got the better of the Ambanis when the latter disrupted the Indian telecom market a decade ago. The jury is out on which way the wind would blow the second time.

Mukesh Ambani's Reliance Jio Infocomm dares GSM players to face competition; denies charges -  ETT

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