Tag: Telecom

How Reliance Jio choke-slammed its telecom competitors

Mukesh Ambani’s announcement of Reliance Jio services turned out to be a nightmare for other telecom operators. Soon after Ambani’s announcement of Jio, shares of Bharti Airtel and Idea sunk by 9% and 11% respectively and together they lost Rs 15,600 crore. Shares of other telecom companies also fell on the Bombay[Read More…]

Telecom war on: Ambani announces Reliance Jio services

The much awaited Reliance Jio is here to offer you some unbelievable plans. Reliance Industries chairman Mukesh Ambani on Thursday formally announced the start of Reliance Jio services across India. Ambani announced free voice calling within the country, zero roaming charges and cheaper data tariffs for Jio customers. Shares of[Read More…]

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