Before we dive into the details, a little background is in order. Altaba was once known by its more popular name Yahoo.
Dec 28, Reliance Industries Limited chairman and managing director Mukesh Ambani. Mukesh Ambani introduced his much-touted 4G telecom services on Sunday evening, restricting it only for Reliance employees for now, as the petroleum-to-retail corporate giant prepares to shake the telecom industry with a full-bloodied launch around March next year.
For Ambani, this is the second calling in the telecom business after his first venture, Reliance Communications, went into the kitty of younger brother Anil as part of a family settlement between the siblings.
On offer from Reliance Jio Infocomm will be low-cost 4G devices under 'Lyf' brand costing as low as Rs 4, and a host of services along with the regular voice and data.
These will include a big collection of music Jio Beats ; around television channels with back-up Jio Play and movies Jio on-demand. At the commercial launch, Ambani is expected to go in for an aggressive pricing for his offerings which are expected to come bundled with a host of SIM cards to make it a family offering and large data-pack plans.
The telecom entry is one of the group's most ambitious project to date after retail and it has pumped in nearly Rs 1 lakh crore into the business which aims to take on the established telecom behemoths such as homegrown Bharti Airtel, Britain's Vodafone and Aditya Birla group's Idea Cellular head-on.
The battle for customers in the fiercely-competitive telecom business is expected to get intense and market analysts feel that Reliance's entry will bring down mobile and data prices further in India which already boasts of giving the world's cheapest tariffs. The 90,odd employees of the group go live on the voice-over-LTE 4G network from Monday, the 83rd birthday of Reliance group founder Dhirubhai Ambani.
However, India is ranked around in the internet and mobile broadband penetration out of countries. Jio is conceived to change this," Ambani said as he unveiled the services for the employees at a glittering ceremony at Reliance Corporate Park in Navi Mumbai in the presence of mother Kokilaben, wife Nita Ambani and children Isha, Akash and Anant.
The incumbents have already been preparing for the launch of Reliance Jio with Airtel, Vodafone and Idea all launching their 4G services ahead of the Ambani venture. Sunil Mittal, the Chairman of the Bharti group, has conceded that the entry of Ambani will intensify competition in the telecom sector, but added that Airtel is "prepared to face the onslaught".
Akash and Isha, both directors on Reliance Jio, played a pivotal role in the ceremony on Sunday as they - along with Bollywood superstar Shahrukh Khan - introduced the various services that the telecom venture will offer. Mindful of the requirement of a massive infrastructure spread for launching mega telecom services, Reliance Jio has already stitched up tie-ups with various operators.
While it has a spectrum trading and sharing deal with Reliance Communications, it has signed up tower-sharing deal with nearly all the other operators while working on fiber optic deals with RCoM and Bharti.Inmarsat Fleet Broadband (Hi Usage) This airtime plan has been specially designed by Inmarsat for vessels sailing all year round and that make a high data usages and make many calls, typical of those seagoing ships that make long cross as cargo, tankers, cruise ships and mega yachts constantly connected to internet.
My personal profile is very solid in Business Management, Sales, Channels and Services. I played many roles in IT and Telecom: Business Developer, Senior Consultant, ISO Auditor, Sales Manager, Product Manager, Marketing Director, Business Unit Head, IT grupobittia.com: Driven your Digital Transformation .
Jul 05, · The employees were asked to leave on the basis of performance, network shutdowns and declining telecom business, a source in the company said, adding that such a .
Company History - Sterlite Technologies Ltd.
-Copper telecom cables facility started -Fiber Optic cables facility started -Optical fiber facility started -Expansion of optical fiber capacity to 1 million-km -Demerger of telecom business from Sterlite Industries Limited -Incorporation of Sterlite Optical Technologies Limited - As per the Scheme of Demerger the.
Nov 15, · In June, industry experts warned of 30,, job losses in the telecom sector alone this year. As the incumbent operators keep up with the price war from Jio, it has resulted in selling off tower assets, rolling out new plans and a drastic fall in ARPU of telcos. Mega-mergers in the telecommunication industry has resulted in an industry that is essentially unregulated and controlled by a few monolithic entities.
This begs the question; why do local governments consider entering into the telecommunication business?