All Reliance Jio articles – Page 2
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Network & InfrastructureThe Backfill: Brookfield, Digital Realty bring new face into Indian DC venture
Reliance Industries brought in as equal partner in Indian data centre JV. Also UK fibre challengers and neutral host extending footprints; data centre and TowerCo M&A; satellite updates…
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Suppliers & SCMVi finances prompt questions from would-be 5G kit partners
Indian operator claims progress in OEM deliberations, but reports suggest Ericsson and Nokia are proceeding with caution.
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Network & InfrastructureVi and peers wary of India plans for satellite communications
Mobile operators wary of new satellite players launching services unencumbered by costs and restrictions experienced by traditional players.
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Network & InfrastructureModi hears 5G plans from Airtel, Jio but nothing from Vi
Vi keeps quiet on 5G intentions at India Mobile Congress, inaugurated on Saturday by Prime Minister Modi.
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PremiumVi rivals set the pace for 5G rollouts
Bharti Airtel and Reliance Jio to start offering 5G services in October.
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Network & InfrastructureIndia’s long-awaited 5G auction draws to a close
Vi rounds off the top-three bidders, picking up 6.2GHz in spectrum.
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Financial & PerformanceVi equity conversion will take “some time” yet
“Technical issues” to be resolved, says communications minister.
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Network & InfrastructureVi considered vulnerable as Adani enters 5G auction
Indian conglomerate plans private network focus, but analysts suspect a consumer play lies ahead.
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Network & Infrastructure5G auction finally going ahead in India
Set to commence after two-year delay.
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Network & InfrastructureReliance Jio joins DT on network disaggregation journey
Wider rollout planned for Germany as DT CTO appeals for more partners on fixed network disaggregation. Signs of the operator’s Access 4.0 vision becoming a reality?
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M&AVodafone explores sale of Indus Towers stake
Group plans to use some of the proceeds to take part in Vi fundraising exercise. Bharti Airtel could buy another 4.7% stake in Indus Towers. Indus security arrangements have been modified, but TowerCo still protected from Vi weakness. In Europe, Vodafone could lose Telecom Italia as partner in ...
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Financial & PerformanceVi reports further losses as government takeover looms
Net loss grows 60% year-on-year, with revenue down 10.7%. Earnings report comes amid expectation that Indian government will take majority stake in struggling JV. Absence of annual profit since launch of Reliance Jio in 2016.
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OperationsVi selling majority stake to Indian government in bid to stay afloat
The state is set to receive a 35.8% stake in Vodafone Idea. Share prices drop around 20% in the wake of the news. Stake will be exchanged for easing of the struggling JV’s considerable debt. Government “do not want to run company”, insists Vi CEO
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M&ASpain shields Telefónica as KKR’s TI bid makes waves
Spanish government reinforcing restrictions that would halt hostile bids for Telefónica until 2023. Europe’s telco sector awash with bid speculation as KKR pursues TI, and Indian conglomerate Reliance Industries is linked to a BT bid.
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M&AReliance denies interest in acquiring BT stake
BT share price jumps on report that Indian conglomerate eyeing a move for UK incumbent. Reliance quick to dismiss the article as “completely speculative and baseless”, but City still excited.
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M&ADeutsche Telekom sees Dutch exit door loosen — report
India’s Reliance Industries reportedly set to make €4.8bn non-binding offer for T-Mobile Netherlands. Several top foreign banks apparently formed syndicate to fund the takeover. Akash Ambani said to be personally managing the T-Mobile transaction.
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Financial & PerformanceVodafone, ABG keep funding taps closed for beleaguered Indian JV
Vi shareholders wash their hands of JV’s plight. Insist that private investment is the only way for Vi to remain going concern. Vi CEO Ravinder Takkar claims private investors are more put off by India’s floor pricing than AGR dispute.
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PremiumVi keeps tight rein on spectrum spending
As expected, Indian JV is by far the lowest spender in India’s recent multi-band spectrum auction. All three operators shun 5G-friendly 700MHz spectrum because of high reserve price.
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PremiumElsewhere in Associates & JVs: Mitie takes Cornerstone contract
Consumer loan service in Egypt set for green light; Vi wants 2G open RAN; India continues to drag out tax dispute.
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Financial & PerformanceVi eyes $2bn cash injection
Reports suggest Vodafone’s Indian joint venture will announce funds from a consortium of investors imminently. Fundraising initiative began in September to ease Vi’s debt burden, with 4G expansion also expected to get a boost.
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