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Jio, Airtel profitability to get a boost as 5G capex, customer churn moderate, ET Telecom

Jio, with more than 62 million 5G users, and Airtel, with over 50 million subscribers for the service, have been expanding their networks since the launch in October 2022. Loss-making Vodafone Idea (Vi) has yet to announce its 5G services launch as it is yet to close its much-delayed fundraising. ....

West Bengal , Andhra Pradesh , Tamil Nadu , Bharti Airtel , Jio Airfiber , Reliance Jio , Vodafone Idea , Jio Platforms , Rival Bharti Airtel , Bofa Securities , Bharti Airtel , Jio Airfiber , Jm Financial , Reliance Jio , Elecom News , Vodafone Idea , G Networks , Airtel Xstream Airfiber ,

Jio, Airtel profitability to get a boost as 5G capex, customer churn moderate

"Capex will remain elevated in 2QFY24, but we expect moderation in 2HFY24, which will help improve profitability and cash generation.Airtel and Jio are well positioned over the medium-term with growth levers such as subscriber upgrades, market share gains and tariff hikes that are just a matter of time," BNP Paribas said in a note. ....

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Spectrum Auction: India Gets $11 Billion From Airwaves Sale Boosting The Exchequer

Spectrum Auction: India Gets $11 Billion From Airwaves Sale Boosting The Exchequer
bloombergquint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloombergquint.com Daily Mail and Mail on Sunday newspapers.

Utkarsh Sinha , Anshu Prakash , Facebook Inc , Vodafone Plc India , Bharti Airtel Ltd , Vodafone Idea Ltd , India Telecom , Bloomberg Billionaire Mukesh Reliance Jio Infocomm Ltd , Mukesh Ambani Led Reliance Jio Infocomm , Telecom Secretary Anshu Prakash , New Delhi , Rival Bharti Airtel , Vodafone Plc , Mumbai Based Bexley , Vodafone Idea , Reliance Jio , உட்கர்ஷ சீன்ஹா , அன்ஷு பிரகாஷ் , முகநூல் இன்க் , வோடபோன் ப்ல் இந்தியா , பாரதி ஏர்டெல் லிமிடெட் , வோடபோன் யோசனை லிமிடெட் , இந்தியா தொலை தொடர்பு , முகேஷ் அம்பானி வழிநடத்தியது நம்பகத்தன்மை ஜிோ இன்பொக்கோம்ம் , தொலை தொடர்பு செயலாளர் அன்ஷு பிரகாஷ் , புதியது டெல்ஹி ,

Mukesh Ambani's Jio Biggest Buyer in $11 Billion India Airwave Auction

Mukesh Ambani s Jio Biggest Buyer in $11 Billion India Airwave Auction
Mukesh Ambani s Jio Biggest Buyer in $11 Billion India Airwave Auction
Reliance Jio acquired 488.35 megahertz of airwaves, dwarfing the 355.45 megahertz added by Bharti and 11.8 megahertz by Vodafone s local unit.
Reliance Jio has acquired airwaves that are suitable for use with 5G technology
Billionaire Mukesh Ambani-led Reliance Jio Infocomm Ltd. emerged the top bidder in the $11 billion airwaves auction, as the country s largest wireless operator seeks to cement its competitive edge over rivals.
Reliance Jio bought airwaves worth 571.23 billion rupees ($7.8 billion) of the total 778.2 billion rupees raised in the latest spectrum auction, Telecom Secretary Anshu Prakash told reporters in New Delhi on Tuesday. Rival Bharti Airtel Ltd. spent $2.6 billion while Vodafone Plc s India unit acquired spectrum worth 19.9 billion rupees. ....

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