Reliance Industries deployment for telecom business at Rs 88,000 crore

Source: Financial Express, Apr 21, 2015

Mumbai: Reliance Industries (RIL) has so far committed Rs 88,000 crore ($14 billion) of capital to its telecom business, sources told FE. This does not include the Rs 10,077.53 crore the telecom subsidiary, Reliance Jio Infocomm, will spend for its 800-MHz and 1,800- MHz spectrum won in the recently held auctions.

An Kotak Institutional Equities report dated April 20, notes that Reliance Jio has so far deployed about Rs  52,400 crore of capital as of March 31, against Rs 37,800 crore, as of March 31, 2014. Reliance Jio  holds broadband wireless access spectrum in all the 22 telecom circles and has made significant progress in rolling out its 4G business, including physical network infrastructure, systems and processes, sales and distribution network.

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Reliance Jio to start voice, data services in five cities by June

Source: LiveMint.com, Apr 14, 2015

Mumbai: Reliance Jio Infocomm Ltd will introduce its voice-plus-data mobile services in five cities by June, according to two people aware of the company’s strategy.

It could then roll it out across the country through the rest of 2015.The Reliance Industries Ltd (RIL) unit has been working on its wireless broadband services since June 2010, when it acquired Infotel Broadband, which had won spectrum to launch such services across India.

Since then, there have been several reports about Reliance Jio’s strategy that is reported to encompass voice, news, entertainment, education, video, e-commerce—just about anything one can do with a handheld device with a fast Internet connection.

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Govt gets Rs 32,300 cr upfront payment from spectrum sale

TelecommunicationSource: Financial Express, Apr 12, 2015

New Delhi: The government has received a total upfront payment of over Rs 32,300 crore from telecom players against the spectrum sold during the March auction, well above the minimum outstanding due of Rs 28,835.34 crore.

Telecom major Bharti Airtel has paid the entire sum for Rajasthan and North East circles.

The Department of Telecom (DoT) has received Rs 32,377.85 crore, nearly Rs 3,500 crore above the minimum due, sources told PTI.

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Chinese Handset Maker Gionee to Invest Rs 300 Crore to Set Up Manufacturing Unit in India

Chinese Handset Source: The Economic Times  April 07, 2015

Hyderabad: Chinese mobile phone maker Gionee plans to invest $50 million (about Rs 300 crore) in the next two-three years to set up a plant in India that it wants to use for exporting devices to South Asian and African countries.

“We aim to make India a manufacturing hub outside China to cater to demand in African and SAARC countries, including Pakistan, Bangladesh, Sri Lanka and Nepal,” Gionee’s president William Lu told ET. He added that the company will invest in setting up a research and development centre and local servers along with establishing manufacturing capability in India, the company’s biggest market after China.

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Telecos shell out Rs 11,000 crore as part of upfront payments for spectrum

TelecommunicationSource: The Economic Times, Apr 01, 2015

NEW DELHI| MUMBAI: The government has received almost Rs 11,000 crore from mobile phone operators including Bharti Airtel, Vodafone India, Idea Cellular and Reliance Jio Infocomm as part of upfront payments for airwaves following the just-concluded spectrum auction, bolstering the Centre’s bid to narrow its fiscal deficit.

The payments totalling Rs 10,791 crore on Tuesday, the last day of the fiscal year, were a part of the nearly Rs 29,000 crore that the auction winners need to pay by April 8 and came after Telecom Minister Ravi Shankar Prasad cited national interest while urging the telecom operators to help the central government meet its fiscal targets.

“Payments have come in from Bharti Airtel, Idea, Reliance Jio, Vodafone and Tata. RCom (Reliance Communications) and Aircel haven’t paid so far,” a senior official said. “This should be enough to meet the fiscal target,” he added.

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Telecom tariffs likely to go up

Source: Times of India, Mar 26, 2015

NEW DELHI: Government raised a record Rs 109,874 crore in the country’s biggest and the fiercest auction of telecom spectrum that ended today, triggering fears of hike in call and data rates.

Incumbents Airtel and Vodafone bid aggressively to protect their businesses as new players like Reliance Jio participated in the auction that lasted 19 days and saw 115 rounds of bidding among eight operators. In two of the spectrum bands, prices jumped by over two-fold in some circles.

“Today spectrum auction has concluded at Rs 1,09,874 crore. This is highest ever in history of India. The spectrum auction conducted in 2010 brought about Rs 1,06,000 crore which included Rs 30,000 crore payment from BSNL and MTNL. This time all amount is non-BSNL, non-MTNL money,” Telecom Minister Ravi Shankar Prasad said.

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For the first time ever, Indian mobile phone sees contraction in Q4 growth

TelecommunicationSource: Business Standard, Feb 25, 2015

Pune: India’s mobile phone market has seen its first ever contraction. For the October-December 2014 quarter, domestic mobile phone sales stood at 64.3 million units — a drop of five per cent annually and 11 per cent from the July-September quarter.According to International Data Corporation (IDC), the smartphone market experienced a shipment contraction largely owing to a high channel inventory at the beginning of the quarter, prompted by the festive season, during which there was a surge in online sales.

The quarter was a correction phase where the smartphone market declined by four per cent and the feature phone market declined by 14 per cent from the previous quarter. However, the feature phone to smartphone migration is clearly visible in the numbers.

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