Reliance jio tv
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This allows our sites to recognize your device from those of other users on our sites. The other tracking technologies work similarly to cookies and place small data files on your devices or monitor your website activity to enable us to collect information about how you use our sites. What are Cookies and Other Tracking Technologies?Ī cookie is a small text file that can be stored on and accessed from your device when you visit one of our sites, to the extent you agree. This cookie policy should be read together with our Privacy Policy.īy continuing to browse or use our sites, you agree that we can store and access cookies and other tracking technologies as described in this policy. This cookie policy explains how and why cookies and other similar technologies may be stored on and accessed from your device when you use or visit websites that posts a link to this Policy (collectively, “the sites”). understands that your privacy is important to you and we are committed for being transparent about the technologies we use. Check Business Breaking News Live on Zee Business Twitter and Facebook. Get Latest Business News, Stock Market Updates and Videos Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Near term outlook: Led by strong subscriber additions, healthy ARPU and thus revenue growth, short-term outlook for Jio is enticing. RIL has option to further invest upto $25mn in convertible notes. It has 8 approved and 40+ patents pending approval. RIL also acquired 12.7% stake in a US based technology company ‘Skytran’. It is a developing state of the art technology in the field of Personal Rapid Transit Systems (driverless cars etc). Hathway and Den’s partnership with 27,000 LCOs, last mile connectivity of 22-24mn cable homes and 1mn broadband subscribers will significantly improve Jio’s go-to-market in terms of time for its aspiration to acquire 50mn broadband customers. However, last mile connectivity is a challenge. Jio is having robust product propositions for home security and solution. It would also make open offer for these companies. MSOs acquisitions to speed-up Giga fiber launch: Jio’s parent RIL has announced acquisition of leading MSOs Hathway (51%) and Den Networks (66%) primarily through fresh issuance of shares for Rs 53bn. Revenue/EBITDA/PAT grew by 14/13/11% QoQ.
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This is despite increasing mix of Jio feature phone users and is positive. Data usage/sub grew by 3.2% QoQ to 11GB/mth. Wireless momentum healthy: Led by Rs 501 exchange monsoon hungama handset exchange offer, Jio reported healthy 37mn sub additions in 2Q (114mn in trailing 12m) to 252.3mn (+17% QoQ). We value RJio at 10x Sep-20E EV/EBITDA at an EV of Rs 3tn (Rs 510/sh). This is despite pending commercial launch of Jio Giga Fiber. Interest costs increased by 30% QoQ to Rs 10bn. Disclosures on content, Jio phone, project development costs accounting etc would be opportune. EBITDA growth in 2Q was lower than expected due to increase in network and SG&A costs.