Mobility paves Samsung’s silver path
The Korean giant’s early bet on mobile phones helped it hit the $10-bn mark in India, but in its 25th year it ...
India’s three big wireless carriers have been locked in a brutal price war, leading to mounting debts for the companies and declines in subscribers for Bharti Airtel and Vodafone Idea. - Bloomberg
The wireless carrier controlled by Reliance Industries’ arm (RIL) will probably keep drawing users away from rivals, reaching a market share of as much as 45 per cent by fiscal year 2022, from 30 per cent as of March, a unit of Fitch Group said.
Reliance Jio Infocomm, which has been offering data tariffs that are as much as 30 per cent lower than competitors, is in a position to take advantage of intensifying competition, the unit, India Ratings and Research, said Thursday in its mid-year outlook for telecommunications.
India’s three big wireless carriers have been locked in a brutal price war, leading to mounting debts for the companies and declines in subscribers for Bharti Airtel and Vodafone Idea. The companies elevated debt levels and reliance on capital infusions for debt servicing and expenditures prompted India Ratings to maintain its negative outlook for the industry, it said in the report.
RIL stormed into the industry in 2016 and has bet his carrier can outlast rivals while offering some of the lowest prices for services and handsets.
Bharti Airtel and Vodafone idea will probably see their slice of the market drop to between 25 per cent and 27 per cent, according to the outlook, India Ratings predicted.
India has said it may seek to raise $84 billion from a sale of airwaves, including some to be used for 5G services. Plans for the auction have raised concern that carriers will have to borrow even more to pay for building the new network. Any incremental capital expenditure toward spectrum or 5G technology will derail the fragile recovery and be negative for ratings, according to the India Ratings report by Prashant Tarwadi, a director.
The Korean giant’s early bet on mobile phones helped it hit the $10-bn mark in India, but in its 25th year it ...
Antrix should adopt a different tactic than merely fighting over jurisdiction: Experts
Invest in relationships, enterprise, behaviour, effort and learning
From different types of osmoses to new membranes, researchers have come up with ways of drawing water
High valuation and stiff competition from larger players are a dampener
Will a stock continue its current trend or will it reverse? We tell you how you can read chart patterns to ...
Most AMCs have been sending out cryptic e-mails. We tell you how to read between the lines
Slew of factors are building a good foundation for the bulls to work their way up
In these isolated times when people yearn for a slice of the familiar, amateur and professional chefs are ...
‘You ready to go to work?’ Joe Biden had asked Kamala Harris before naming her as his running mate. ‘Oh my ...
Writer Narendra’s latest book, rich with vignettes from Bastar and his native village in Uttar Pradesh, ...
On the eve of his 86th birthday, a peek into an interview-based book that reveals the actor’s many moods, ...
Digital is becoming dominant media, but are companies and their ad agencies transforming fast enough to make a ...
Slow Network, promoted by journalist-lyricist Neelesh Misra, pushes rural products and experiences
How marketers can use the traditional exchange of festive wishes meaningfully
For Fortune, a brand celebrating its 20th anniversary, it was a rude shock to become the butt of social media ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor