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RIL plans to acquire additional 26% stake in Hathway Cable and Datacom

Reliance Industries (RIL) and its group companies have announced an open offer to acquire an additional 26 per cent stake in Hathway Cable and Datacom, after receiving the approval from Competition Commission of India (CCI), according to a new article in the Press Trust of India.

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Jio continues wireless broadband domination, adds 8.8 mn subs in Nov

Mukesh Dhirubhai Ambani’s largest start-up in the world in the form of Reliance JioInfocomm Limited (Jio) continued to lead broadband internet subscriber growth for the month of November 2018 (month ended 30 November 2018, Nov-18, period or month under review). Jio registered a net growth of 0.88...

iWorld Broadband
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Reliance Jio adds 27.9 mn subs in Q3; GigaFiber marks entry in 1400 cities

Mukesh Dhirubhai Ambani’s juggernaut Reliance Industries Ltd (RIL) reported 50.7 percent growth in gross revenue for the quarter ended 31 December 2018 (Q3 2019, quarter or period under review) as compared to the corresponding year ago quarter. The company’s operating result was 25.4 percent higher...

iWorld Broadband
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Wireline broadband pricing might reduce by 40-50%

Home broadband, television services and integrating wireline voice is expected to move towards bundled plans by the Indian wireline broadband market. With this, ICRA predicts, the pricing is expected to reduce by around 40 to 50 per cent.

iWorld Broadband
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Airtel steps up home pass expansion in wired broadband biz

Airtel is taking the bull by its horns. Not wanting to lose out to the latest broadband entrant - Reliance Jio - it has stepped up fibre-to-home passes expansion. While announcing Q1 FY19 results, Airtel did mention that there would be significant step-up of home broadband investment.

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