Hindi
Reliance Mediaworks plans restructuring; Q2 net loss widens to Rs 1.2 bn
MUMBAI: Reliance MediaWorks (RMWL), Reliance Group’s film and entertainment services company is undergoing a business restructuring in order to better position the company to pursue strategic growth opportunities.
The board has approved the proposal to explore various options for restructuring the business, including creating of subsidiaries for Exhibition and Film and Media services divisions.
Anil Ambani-led Reliance Group (then Reliance ADAG) had bought the controlling stake in the company way back in 2005 (Adlabs). The facilities included a motion picture processing lab in Mumbai and 24 cinema screens located in Maharashtra.
RMWL CEO Anil Arjun said, “The company has witnessed a phenomenal growth in the scale of its operations in last 5 years. This strategic structuring initiative will enable us to effectively pursue the best business opportunities available to each operating unit independently, and also enable our Company to remain well-positioned and appropriately structured for sustainable, long-term growth.”
Meanwhile, RMWL has posted a consolidated net loss of Rs 1.20 billion in the quarter ended 30 September. In the corresponding quarter of the previous fiscal, the net loss was at Rs 447 million.
RMWL clarified that the jump in net loss is the result of the “investment and stabilisation of business verticals, resulting in increased interest and depreciation charge.”
Total income of the company fell by 4.78 per cent in the quarter to Rs 2.35 billion (from Rs 2.46 billion). However, expenses surged 16 per cent to Rs 2.92 billion (from Rs 2.52 billion).
The company suffered a loss of Rs 267.61 million from its theatrical exhibition business segment on a revenue of Rs 1.62 billion. RMWL deployed Rs 8.38 billion towards this segment.
From the Film production services segment, the company suffered a loss of Rs 205.71 million on a revenue of Rs 466.09 million.
The only segment which was profitable was the TV / Film production and distribution segment which posted a profit of Rs 100 million on an income of Rs 279.11 million.
Hindi
India’s telecom subscribers cross 1.32 billion in February 2026
Broadband base swells past 1.06 billion as Jio and Airtel tighten grip on the market.
MUMBAI: India’s telecom sector is ringing in steady growth once again adding millions of new connections every month while the race for broadband supremacy continues to heat up like a fiercely contested cricket match. According to the latest data released by the Telecom Regulatory Authority of India (TRAI) on 1 April 2026, the total telephone subscriber base in the country reached 1,321.31 million at the end of February 2026. This marked a net addition of 7.31 million subscribers during the month, translating into a monthly growth rate of 0.56 per cent.
Wireless subscribers (including mobile and Fixed Wireless Access) stood at 1,273.31 million, registering a net addition of 6.97 million and a growth rate of 0.55 per cent. Within this, urban wireless connections grew to 730.75 million (growth 0.70 per cent), while rural wireless subscribers reached 542.56 million (growth 0.35 per cent).
Wireline subscribers, though much smaller in scale, showed slightly faster growth. The total wireline base increased to 47.99 million, with a net addition of 0.34 million and a monthly growth rate of 0.70 per cent. Urban areas continued to dominate wireline connections with a share of 89.41 per cent.
Overall tele-density in India improved to 92.66 per cent. Urban tele-density stood at 150.68 per cent, while rural tele-density edged up to 60.02 per cent.
The broadband subscriber base crossed a significant milestone, reaching 1,059.05 million at the end of February 2026. This reflected a healthy net addition of 6.33 million subscribers and a monthly growth rate of 0.60 per cent from January’s figure of 1,052.72 million.
Segment-wise, mobile wireless access continued to drive the majority of growth with 996.52 million subscribers. Fixed Wireless Access (including 5G FWA) added 16.51 million, while wired broadband stood at 46.02 million.
Reliance Jio Infocomm Ltd. maintained its commanding lead with 519.64 million broadband subscribers. Bharti Airtel Ltd. followed with 364.14 million, Vodafone Idea Ltd. with 129.36 million, Bharat Sanchar Nigam Ltd. with 28.70 million, and Atria Convergence Technologies Ltd. with 2.38 million.
Together, these top five players command a massive 98.60 per cent share of the total broadband market.
In the wireless (mobile) segment, private operators continued to dominate with 92.59 per cent market share, leaving public sector undertakings (BSNL and MTNL) with just 7.41 per cent.
Out of the total 1,257.29 million wireless (mobile) subscribers, 1,177.60 million were active on the peak Visitor Location Register (VLR) date, representing an impressive 93.66 per cent activity rate. Bharti Airtel led in this metric with 99.42 per cent of its subscribers active.
Meanwhile, 14.47 million subscribers submitted requests for Mobile Number Portability (MNP) in February, indicating healthy competition and customer churn across zones.
While urban areas still lead in absolute numbers, rural connectivity is slowly catching up. Rural wireless tele-density stood at 59.46 per cent, compared with the much higher urban figure of 142.32 per cent.
Fixed Wireless Access using 5G technology also showed promising traction, growing to 11.93 million subscribers. Reliance Jio and Bharti Airtel are the primary players driving this segment.
The data paints a picture of a maturing yet still rapidly expanding telecom ecosystem. With total telephone subscribers now well past the 1.32 billion mark and broadband users comfortably above 1.06 billion, India continues to solidify its position as one of the world’s largest and most dynamic digital markets.
From bustling city streets to remote villages, more Indians are staying connected than ever before proving that when it comes to telecom, the country’s appetite for growth shows no signs of hanging up anytime soon.
