GTPL Hathway shares tumble 12% on Q4 loss
The internet and digital cable TV services provider reported a consolidated net loss of ₹11.75 crore in Q4FY23 as compared to a net profit of ₹54.47 crore in the year ago period.
The internet and digital cable TV services provider reported a consolidated net loss of ₹11.75 crore in Q4FY23 as compared to a net profit of ₹54.47 crore in the year ago period.
This decrease in download speeds has brought the country to the 118th position in June from 115th in May 2022, says Ookla.
According to the latest Ericsson Mobility Report, video traffic would grow 30% annually up to 2025 and account for three-quarters of mobile traffic.
Deleveraging through asset sales, JioFiber, and New Commerce is chairman Mukesh Ambani’s prescription for RIL’s future growth
Jio’s tapering revenue growth and falling average revenue per user indicate that its competitors have caught up with its strategy. It needs a new story to justify its massive investment.
Acquires Den Networks and Hathway Cable in a ₹5,230 crore deal, which will give Jio access to 24 million households across 750 cities
Panel, set up to prepare road map for 5G roll-out, has said that the impact of the next generation cellular communications technology can help India leapfrog traditional barriers to development.
After shaking up the wireless market in India, Jio plans to do the same with fixed-line broadband. RIL is contemplating new businesses at the cusp of retail and telecom.