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Firms/companies > R > Reliance Jio Infocomm 17 May 2021 After a disappointing performance in the January-March 2021 quarter and loss of its competitive edge over other telcos, Reliance Jio Infocom has started wooing customers with free voice calls and `buy-one-get-one’plans bundled with its Jiophone offers. Reliance Jio said it is working with Reliance Foundation, under which it has announced a special initiative to provide 300 free minutes of outgoing calls per month (10 minutes per day) for the entire period of the pandemic, to JioPhone users who have not been able to recharge due to the ongoing pandemic. Additionally, to further enhance affordability, for every JioPhone plan recharged by JioPhone user, they will get an additional recharge plan of the same value for free. For example, a JioPhone user recharging with Rs75 plan, will get an additional Rs75 plan absolutely free. ....
Jio Signs Agreement With Airtel To Buy Spectrum Worth Rs 1,497 Crore in Delhi, Mumbai, Andhra Pradesh by Bhaswati Guha Majumder - Apr 7, 2021 10:11 AM Reliance chief Mukesh Ambani. Reliance Jio Infocom (Jio) on 6 April said that it had signed a definitive agreement with Bharti Airtel to acquire the right to use spectrum in the 800-MHz band in three circles through spectrum trading. The transferred spectrum includes those in Delhi (1.2 MHz), Mumbai (2.50 MHz) and Andhra Pradesh (3.75 MHz). Jio said in a statement: âThe aggregate value for the right to use this spectrum is Rs 1,497 crore, inclusive of the present value of associated deferred payment liability of Rs 459 crore, subject to any transaction-related adjustments.â ....
The deposits are part of the applications that the three telcos have filed to participate in the spectrum auction starting March 1. The quantum of EMD is indicative of a telcos bidding strategy as it gives an operator eligibility points, based on which it can target a certain quantum of airwaves in specific circles. ....
Farm reform laws | Reliance Jio seeks TRAI action against Airtel, Vi for spreading frivolous rumours RJio says Airtel and Vodafone Idea are resorting to unethical ways to spread rumours that Reliance stands to gain from the new farm laws. The telco also laid blame on these campaigns as the main reason for the large number of port-out requests Representational image Reliance Jio Infocom (RJio) has accused Airtel and Vodafone Idea (Vi) of spreading false rumours about the company during the ongoing protests by farmers against the new farm reform laws. It has asked the Telecom Regulatory Authority of India (TRAI) to take strict action against the two entities, claiming that they are resorting to unethical ways to spread rumours that Reliance stands to gain from the new farm bills. The controversial farm reform laws have triggered widespread farmer protests across North India. ....