Telecom wars: Reliance Jio tops 4G download speed chart in January, Idea fastest in upload speed
Posted on 16th February 2019 |
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Reliance Jio continued to top the average 4G download speed chart, beating its nearest rival Airtel with almost double data speed, according to a report by the Telecom Regulatory Authority of India (Trai) for January.
Jio’s 4G network registered an average download speed of 18.8 megabits per second (Mbps), while Airtel network clocked a speed of 9.5 Mbps.
Airtel, Vodafone and Idea have a mix of 2G, 3G and 4G networks, but Jio provides only 4G services.
According to the Trai report, Vodafone registered an average speed of 6.7 Mbps, while Idea had average speed of 5.5 Mbps on 4G network.
Though Vodafone and Idea have merged their mobile businesses, Trai measured their performance separately as the integration of networks of both the companies is currently on.
Reliance Jio was the fastest 4G operator in 2018 with the highest average download speed for the last 13 months.
Idea, however, continued to top the chart in terms of average 4G upload speed. After a continuous decline in upload speed between October and December, upload speed on Idea and Vodafone network picked up in January.
In January, Idea 4G network registered an average upload speed of 5.8 Mbps, followed by Vodafone with upload speed of 5.4 Mbps. Jio followed Vodafone with an upload speed of 4.4 Mbps and Airtel with 3.8 Mbps.
The average speed is computed by Trai based on the data it collects across India with the help of its MySpeed application on a real-time basis. |
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Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict
Posted on 29th October 2019 |
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Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.
Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade. |
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Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices
Posted on 7th October 2019 |
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The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point. On a weekly basis, the local unit slumped by 32 paise. |
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LIC pips private insurers in first-year premium growth during April-August
Posted on 13th September 2019 |
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In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19. Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai). |
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Apollo Hospitals rules out further stake sale
Posted on 13th September 2019 |
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Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here. |
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World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah
Posted on 13th September 2019 |
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In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted. |
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