Airtel offers free unlimited access to ZEE5 premium content till July 12

With people staying at home due to the ongoing nationwide lockdown, many streaming platforms are opening up their premium content for free and recently, Airtel opened up its premium Kids content on XStream for free. Following that, now the company is offering unlimited access to ZEE5’s premium content for its users.

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Silver Lake to invest 5,655 crore in Jio Platforms

After last month’s announcement from Facebook that said that it will buy 9.99% equity stake in Jio Platforms for $5.7 billion or INR 43,574 crore, today private equity firm Silver Lake has announced that it will invest Rs. 5,655.75 crore / US$ 747 million into Jio Platforms for 1.15% stake. This investment values Jio Platforms at an equity value of ₹ 4.90 lakh crore / US$65 billion and an enterprise value of ₹ 5.15 lakh crore and represents a 12.5% premium to the equity valuation of the Facebook investment announced on April 22, 2020. Continue reading “Silver Lake to invest 5,655 crore in Jio Platforms”

JioMeet video conferencing app to launch soon

The usage of video conferencing apps have increased lately with people staying at homes and these business apps crossed 62 million downloads last month. Reliance Jio’s ‘Jio Meet’ is the newest entrant in this segment and is set to take on popular video conferencing apps like Zoom, Google Meet, Microsoft Teams, and more.

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Reliance Jio reports Rs. 2331 crore profit, up 177.5% YoY in FY Q4 2019-20

Reliance Jio has reported Rs. 14,835 crore revenue, up 6.2% QoQ and 26.6% YoY and a net profit of 2,331  crore, up 177.5% YoY for last quarter that ended 31st March 2020. Jio reported Standalone earnings before interest, tax, depreciation and amortisation (EBITDA) of 6,201 crore, up 10.7% QoQ, EBITDA margin of 41.8%, and Standalone earnings before interest and tax (EBIT) of 4,033 crore, up 6.0% QoQ . Consolidated value of services stood at 17,454 crore, up 6.0% over trailing quarter. It has 388 million subscribers as of 31st March 2020, with addition of 24 million during 4QFY20. Continue reading “Reliance Jio reports Rs. 2331 crore profit, up 177.5% YoY in FY Q4 2019-20”

Reliance Jio crediting 2GB per day for 4 days for free

The usage of mobile data has increased lately with people working from home and as a part of a special offer, Reliance Jio credited 2GB daily data free for its users last month. Similarly, the company is now crediting 2GB of daily data to users randomly under ‘Jio Data Pack’ offer.

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Airtel partners with Nokia to strengthen 4G connectivity and prepare for 5G networks

Airtel has announced its partnership with Nokia with multi-year agreement to deploy Nokia’s Single Radio Access Network (SRAN) solution to enhance Airtel 4G connectivity and also lay the groundwork for Airtel’s 5G rollout in the future. The deployment is expected to be completed by 2022 and will be rolled out in 9 circles across India.

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JioMart grocery shopping through WhatsApp goes live; Here’s how to order

Earlier this year, Reliance Jio announced JioMart web portal to buy food and groceries online and now shortly after Jio Platforms, Reliance Retail and WhatsApp entered into a commercial partnership agreement, the JioMart grocery shopping portal through WhatsApp has gone live in India.

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Airtel launches Rs. 401 data bundle with 3GB data and 1 year Disney+ Hotstar VIP subscription

Airtel has been revising its existing prepaid plans and introducing new bundle plans lately. On similar lines now, Airtel has launched Rs. 401 data bundle that also includes a subscription for Disney+ Hotstar VIP and this exists alongside the Rs. 299 Amazon Prime bundle. Continue reading “Airtel launches Rs. 401 data bundle with 3GB data and 1 year Disney+ Hotstar VIP subscription”

Paytm users and merchants can now earn by selling Vodafone IDEA prepaid recharges

Due to nationwide lockdown now, prepaid recharge through physical stores is not possible and to solve this, mobile operators Airtel and Reliance Jio came up with a dedicated program that lets individuals earn by selling recharges. Following Airtel and Jio, Vodafone IDEA has now partnered with Paytm to allow individuals and merchants to sell prepaid recharges.

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Facebook buys 9.99% stake in Reliance Jio for Rs. 43,574 crore

Facebook today announced that it will buy 9.99% equity stake in Jio Platforms Limited, part of Reliance Industries Limited on a fully diluted basis for $5.7 billion or INR 43,574 crore, making Facebook its largest minority shareholder, the largest investment for a minority stake by a technology company anywhere in the world and the largest FDI in the technology sector in India. Continue reading “Facebook buys 9.99% stake in Reliance Jio for Rs. 43,574 crore”

Airtel further extends prepaid validity till May 3; Vodafone Idea extends validity for feature phone users [Update: Jio and BSNL]

Update: 21st April 2020 – Following the announcement by Airtel and Vodafone IDEA, now BSNL and Reliance Jio have announced validity extension for prepaid users. Unlike Airtel which has increased validity only for limited number of users, Jio is extending incoming call validity for all users. Similarly, BSNL is extending prepaid pack validity till May 5th, 2020. Continue reading “Airtel further extends prepaid validity till May 3; Vodafone Idea extends validity for feature phone users [Update: Jio and BSNL]”

JioPOS Lite lets individuals become Jio Partner and earn for recharges

Few days back Reliance Jio launched JioPOS Lite, an app that lets anyone become a Jio Partner and start earning for doing Jio recharges for others. Jio says that this doesn’t require any documentation or verification. You just have to fill your details, submit documents and register online. The app is only available for Android users and is not available on iOS yet, but we can expect it soon. Continue reading “JioPOS Lite lets individuals become Jio Partner and earn for recharges”

Vodafone launches #RechargeforGood program with up to 6% cashback offers

To help its customers during the nation-wide lockdown, Vodafone Idea is launching a new program called #RechargeforGood. It is aimed at incentivising its customers to recharge for a friend, family or anyone who doesn’t know how to recharge online or doesn’t have access to the internet and in return, Vodafone Idea will reward a cashback of up to 6% of the recharge amount.

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Airtel offers free unlimited access to premium kids content on XStream

Due to the nationwide lockdown, people are working from home and there is a surge in the usage of business as well as entertainment apps. Many apps are opening up their premium content for free during this period and on similar lines now, Airtel is offering free unlimited access to premium kids content on XStream.

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Airtel Home combines billing for Broadband, DTH and Postpaid services into one at a discounted price

Airtel has launched new Home Plan that lets you combine your existing Airtel postpaid, Airtel Broadband connection and Airtel DTH connection under one bill and get several benefits including discounts. If you have one postpaid connection, Broadband or DTH, you can combine them, but a postpaid connection is compulsory. It was rolled out way back in 2018 in Hyderabad as a beta. Continue reading “Airtel Home combines billing for Broadband, DTH and Postpaid services into one at a discounted price”