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Telecom business News

12 Jun 2015

Reliance Jio to launch 4G services by December

Billionaire Mukesh Ambani will re-enter the telecom business with a Rs 4,000 4G smartphone by December, offering voice and data services for as low as Rs 300-Rs 500 per month.

15 Jul 2014

Airtel sells Beetel's majority stake to Brightstar

Beetel has B2B distribution reach in India with more than 500 distributors and partners, 10,000 retailers and 28 warehouses spanning across the country.

Telecom business

23 Jun 2014

'RIL to invest Rs 30K cr in RJio in 2 yrs; biz credit negative'

The investment in the telecom business is a credit negative for RIL because RJio will not generate any EBITDA (an indicator of cash flows) for at least next 12 months.

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