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Tag: Reliance Digital

  • Jio Platforms rides the 5G wave: revenues, profits, and ambitions soar in FY’25

    Jio Platforms rides the 5G wave: revenues, profits, and ambitions soar in FY’25

    MUMBAI: Reliance’s digital juggernaut, Jio Platforms Limited (JPL), wrapped up FY25 in style, clocking quarterly revenues of Rs 39,853 crore, up 17.8 per cent year-on-year, and an EBITDA surge of 18.5 per cent to Rs 17,016 crore. The subscriber base swelled to 488 million, with over 191 million True 5G users, as India’s data appetite drove traffic to an eye-watering 185 exabytes – a 24 per cent jump.

    Average revenue per user (ARPU) climbed to Rs 206.2, thanks to tariff hikes and a posher customer mix. Net profit rose a muscular 25.8 per cent to Rs 7,023 crore for the quarter ended March 2025, fuelled by strong EBITDA flow-through and despite a modest uptick in depreciation and finance costs.

    Jio’s operating revenue (net of GST) grew on the back of mobility tariff hikes and a surge in home broadband and digital services. EBITDA margins stayed a steady 50.1 per cent, while churn was the industry’s lowest at 1.8 per cent. Data consumption hit a per capita monthly average of 33.6 GB, with total data traffic rising nearly 20 per cent year-on-year.

    Jio signed an agreement with SpaceX to retail Starlink broadband in India, pending regulatory green lights. It also rolled out a cricket season blitz – free JioHotstar and JioFiber/AirFiber deals to woo mobile and home users alike.

    The telco flexed its tech muscle at the Mahakumbh mela, handling 400 million data service requests and 20 million voice calls on peak days without breaking a sweat. In parallel, partnerships with AMD, Cisco, Nokia, and Ericsson are fuelling its next big play: an Open Telecom AI Platform designed to slash operational costs and turbocharge network efficiency using cutting-edge agentic AI.

    Jio’s IP prowess didn’t go unnoticed either, with wins at the National Intellectual Property Awards and the World Intellectual Property Organization (WIPO) Trophy, further burnishing its credentials as India’s poster child for homegrown innovation.

    Reliance Jio Infocomm chairman Akash M Ambani summed it up, saying: “Jio continues to drive consistent outperformance with best-in-the-world network technologies and a wide bouquet of digital services. Our work at the Mahakumbh and plans to enable large-scale AI infrastructure reaffirm our commitment to serving India’s digital future.”

  • Cricut partners with Reliance Digital

    Cricut partners with Reliance Digital

    Mumbai: Cricut Inc, a NASDAQ-listed billion-dollar DIY platform known for its cutting machines and patented design software, has partnered with Reliance Digital to expand its retail presence in India. This landmark collaboration brings Cricut’s powerful yet easy-to-use crafting solutions straight to consumers with immersive in-store experiences that put creativity in customers’ hands like never before.

    The first Reliance Digital retail showroom showcasing Cricut opened is at the Seawoods Mall in Mumbai. Here, shoppers can get a hands-on demonstration of Cricut’s portable smart cutting machines, which make custom products, including décor, apparel, decorations, and more. Especially useful for budding entrepreneurs, including homemakers who want to try their hand at business, these machines help people transform their ideas into professional-quality merchandise.

    Cricut head of India Karan Khemka said, “Indian consumers have a rising appetite for personalisation, DIY projects and unique consumer products – exactly what Cricut delivers through our design and cutting machines. With Reliance Digital’s nationwide retail footprint, we can inspire creativity in homes across India by letting shoppers experience our game-changing products firsthand.”

    Following the blockbuster Mumbai launch, Cricut plans an aggressive rollout to Reliance Digital stores in major cities nationwide. This strategic expansion positions Cricut as India’s go-to platform for creative ideas and personalised designs.
     

  • L&K Saatchi & Saatchi’s Reliance Digital campaign salutes Pujo artisans

    L&K Saatchi & Saatchi’s Reliance Digital campaign salutes Pujo artisans

    Mumbai: Celebrating the dedication and hard work of India’s artisans and craftsmen, L&K Saatchi & Saatchi’s latest digital film for Reliance Digital, ‘Ichchepuroner Sharodeeya’, captures the true essence of Durga Pujo- a time of togetherness, resilience, and boundless joy.  

    The film explores the emotions that bind people to their traditions and the lengths to which they can go to keep these traditions alive. It reminds the viewers that the joy of celebration,  just like Pujo, is for everyone. Through this campaign, L&K Saatchi & Saatchi and Reliance Digital salute India’s artisans – the unsung heroes of Pujo festivities.  

    L&K Saatchi & Saatchi Jt. national creative director Rohit Malkani said, “It’s that time of year when marketeers and ad agencies scratch their heads to come up with a unique piece of communication for Durga Pujo. For Reliance Digital, it was a first time as well! And while the celebrations will continue, we took a slightly introspective angle to our film. Shot in multiple locations across Kolkata by Pritha Chakraborty (Director of Mukherjee Dar Bou), the film pays tribute to pandal makers. The unsung heroes who make every Pujo memorable but fail to get  any recognition.”

    Reliance Digital head marketing Manoj Jain added, “With this brand film, Reliance Digital is shining a spotlight on the artists who fade away into oblivion, once their creation comes to life. Using technology as an enabler, we want them to experience the euphoria they bring into the auspicious occasion of Durga Pujo. We are also proud to introduce a first-of-its-kind  ‘Best Pandal Curator’ category at the Times Sharad Shrestha Awards, which will honor the  best artists in the field, giving them the much-needed recognition.”  

    The film is about the protagonist Kanai and his journey from overseeing the construction of a  pandal to witnessing it come to life via a video call, made on the phone gifted by the young boys from the pandal authority. It emphasizes that where there is a wish, there is a way.

  • OnePlusTV partners with Reliance Digital for launch

    OnePlusTV partners with Reliance Digital for launch

    Mumbai: Reliance Digital, India’s No. 1 electronics retailer has partneredwith OnePlus for the exclusivelaunch of OnePlus TV line-upacross its retail outlets. 

    Both the OnePlus TV 55 Q1 and OnePlus TV 55 Q1 Prowere unveiled today at the Reliance Digital Store in Prabhadevi. The event was presided over by Brian Bade, CEO, Reliance Digital, KaushalNevrekar, EVP &CMO Reliance Digital and Vikas Agarwal, General Manager, OnePlus India, along with Bollywood actress, Tara Sutaria.

    On the grand occasion of the launch, Brian Badesaid “In keeping with our track record of launching the latest technology first, we are proud to welcome OnePlus TV to the Reliance Digital family. We will continue to be the bridge between the Indian consumer and the latest technology brands from all over the world.” 

    Addressing the gathering at the OnePlus TV announcement, Vikas Agarwal, General Manager, OnePlus India, said, “We’ve been working with Reliance Digital since November last year and are extremely happy with the remarkable response we received for our products across India. Reliance Digital has a successful nationwide presence with OnePlus devices being sold across 350+ Reliance Digital stores. The launch of the OnePlus TVs will further strengthen our fruitful partnership, and provide a valuable offline platform for customers across India to physically experience the innovations of the OnePlus TV while seeking to purchasing it,”

    Tara Sutaria, a technology enthusiast was excited for the launch. She said, “Reliance Digital is my favourite technology store, and I’m glad that just like me, all of India will get an opportunity to experience this new generation TV.”

    The recently launched OnePlus TV comes in two variants, OnePlus TV 55 Q1 and OnePlus TV 55Q1 Pro with a 4K QLED experience in both variants. Both smart TVs run on the latest version of Android TV. OnePlus TV 55 Q1 Pro has a 55-inch QLED display and Dolby Vision support, powered by eight speakers that deliver a 50W output. Both smart TV variants feature Dolby Atmos support and a custom Gamma Colour Magic processor. It also has voice control giving customers a comprehensive smart TV experience. In addition, OnePlus TV is supported by the all-new innovative OnePlus Connect app offering smarter interaction and seamless connectivity experience through a fusion of connected devices.

    Moreover, Reliance Digital will also have a bouquet of exclusive offers for customers,like cashback of up to Rs.7000 on HDFC cards, no cost EMI options, extended warranty and multibank cashback on OnePlus TVs.

    Both the versions will be available in Reliance Digital and Jio Stores across 100+ Indian cities. 
     

  • Videocon d2h & Reliance Digital finding ways to wriggle out of tough situations

    MUMBAI: DTH companies in India are facing a tough time. While Videocon is making several significant moves to reduce its heavy debt, Reliance Digital TV is reportedly in talks with a Malaysian company to sell the business.

    Videocon is trying to repay its debt by selling some of its businesses such as Kenstar and merge its direct-to-home (DTH) division with Dish TV. But, if the Petrobras project takes off, it will be in a comfortable position, and could look at exiting the project at a later stage, a
    Videocon lender, who would accompany petroleum ministry’s delegation to Brazil, told the Financial Express.

    On the other hand, Astro Malaysia is reportedly doing the due diligence of Anil Ambani’s Reliance Digital TV, the DTH business of the listed Reliance Communications, for working out a suitable valuation, a source told the Times of India. An RCom spokesperson, it was reported, has denied commenting on the story.

    Videocon was recently declared a NPA by Dena Bank. The visit to Brazil was postponed to June; it will be a meeting between the governments of Brazil and India, but the bankers hope to lobby for faster resolution of the project so that Videocon’s cashflows improve.

    Airtel DTH, Dish TV and Videocon d2h have about two-thirds (65 percent) of market share of the DTH universe by private players in India. However, the DTH industry seems to be on a downward slide. Reports submitted by the carriage industry indicate that DTH subscriber additions in the extended period have been low.

    Now, if the transaction between Ambani and Astro goes through, it will be the second deal between the two. Astro shareholder T Ananda Krishnan’s Maxis Communications is a significant shareholder of Aircel, which is about to be combined with RCom’s wireless unit.

  • Dish TV expects significant growth from DAS P III & IV markets

    MUMBAI: Even as India’s consolidating MSOs race ahead to digitise India’s cable TV infrastructure — albeit in fits and starts — in smaller towns and villages, direct to home platform (DTH) owners expect to capture a slice of the action there. Amongst those who have been pushing in the heartlands include state-owned pubcaster’s DD FreeDish. And, it has registered some gains there. Dish TV — which is slated to complete its merger with Videocon d2h later this year — is also hoping to partake the TV subscriber harvest in heartland India.

    “We are anticipating that 70 per cent of the new connections over the next two years would come from those living in small towns and rural markets,” Dish TV CEO Arun Kapoor told PTI, adding that, “it would be primarily because of implementation of Digital Addressable System (DAS) in Phase III and IV.” Of Dish TV’s 15.5 million subscriber base at present, around 35 per cent are from top 100 cities, and the remainder from small towns and rural markets.

    Dish TV is expecting the Average Revenue Per User (ARPU) of the DTH industry to grow over two-fold in the next five years to Rs. 450-500. ARPU would increase from the current industry average of Rs. 150-160. This would be primarily driven by growth in number of HD channels, Value Added Services on DTH platform and implementation of DAS,” Kapoor added.

    Dish TV, the Zee group DTH service arm, is hoping to formally complete the merger with Videocon Group’s DTH arm Videocon d2h by October 2017 after receiving the required regulatory approvals. The merged company would have a subscriber base of 27.2 million, making it the largest DTH service provider in the industry. The merged entity will be renamed as Dish TV Videocon Ltd., the total revenue of Dish TV and Videocon d2h together was Rs. 5,915.8 crore on a pro-forma basis for the fiscal ended 31 March, 2016.

    Dish TV has an active subscriber base of 15.5 million, while that of Videocon d2h stands at around 12.2 million. The DTH industry has around 62 million active subscribers.

    Kapoor said it was soon expecting approvals from regulatory bodies such as National Company Law Tribunal, the Competition Commission of India, and stock exchanges.

    According to Kapoor, the DTH industry, which has players such as Sun Direct, TataSky, Airtel digital TV, Reliance Digital, has a current growth rate of 10 to 12 per cent.

    Also Read  :

    Migrate registration to GST regime, DishTV persuades distributors & trade partners

    DishTV expands its portfolio by 23 channels

    Active DTH subscriber growth subdued in Oct-Dec’16 quarter

  • Reliance ADA group to hive off DTH operations

    Reliance ADA group to hive off DTH operations

    MUMBAI: The Anil Ambani-owned DTH service Reliance Digital TV which claims to have a five million net subscriber base and an estimated two million active connections is likely to be hived off in to a separate company. For the past three or four years, Reliance Communications, the parent company has been seeking a buyer for the venture. It had spoken to Sun TV in the past but the valuations and expectations did not match what the former was willing to pay for Reliance Digital TV. Unconfirmed reports say that the company had inconclusive conversations with other potential partners too. Hence, it has decided to go for a spin off of its DTH service business which has been relatively stagnant.

    Reliance Communications, the parent company of Reliance Digital, is being driven to do this to pare its debt-EBIDTA ratio. Speaking to investors yesterday RCOM CEO (consumer business) Gurdeep Singh said that the idea was to bring that number from 4.64 currently to about three in 18-24 months. Other assets that could be seeking buyers include equity stakes in its international operations at Reliance Globalcom, and in its tower unit Reliance Infratel.

    “We are looking to bring down our debt-to-EBIDTA ratio to around 3 within 18-24 months and are looking at monetizing our non-core assets to deleverage the balance sheet,” Reliance Communications (RCom) CEO (Consumer Business) Gurdeep Singh informed PTI. He added: “For this, we are looking at hiving off the DTH business, stake sale in our international operations at Reliance Globalcom, monetization of our real estate assets, as well as a possible divestment in Reliance Infratel, which handles our towers portfolio.”

    The group earlier this week announced the merger of its wireless business with another telco Aircel. It is also looking to raise $1 billion (approximately Rs 6,686.5 crore) in equity to expand the venture and make possible payments to the government for mobile spectrum use.

  • Reliance ADA group to hive off DTH operations

    Reliance ADA group to hive off DTH operations

    MUMBAI: The Anil Ambani-owned DTH service Reliance Digital TV which claims to have a five million net subscriber base and an estimated two million active connections is likely to be hived off in to a separate company. For the past three or four years, Reliance Communications, the parent company has been seeking a buyer for the venture. It had spoken to Sun TV in the past but the valuations and expectations did not match what the former was willing to pay for Reliance Digital TV. Unconfirmed reports say that the company had inconclusive conversations with other potential partners too. Hence, it has decided to go for a spin off of its DTH service business which has been relatively stagnant.

    Reliance Communications, the parent company of Reliance Digital, is being driven to do this to pare its debt-EBIDTA ratio. Speaking to investors yesterday RCOM CEO (consumer business) Gurdeep Singh said that the idea was to bring that number from 4.64 currently to about three in 18-24 months. Other assets that could be seeking buyers include equity stakes in its international operations at Reliance Globalcom, and in its tower unit Reliance Infratel.

    “We are looking to bring down our debt-to-EBIDTA ratio to around 3 within 18-24 months and are looking at monetizing our non-core assets to deleverage the balance sheet,” Reliance Communications (RCom) CEO (Consumer Business) Gurdeep Singh informed PTI. He added: “For this, we are looking at hiving off the DTH business, stake sale in our international operations at Reliance Globalcom, monetization of our real estate assets, as well as a possible divestment in Reliance Infratel, which handles our towers portfolio.”

    The group earlier this week announced the merger of its wireless business with another telco Aircel. It is also looking to raise $1 billion (approximately Rs 6,686.5 crore) in equity to expand the venture and make possible payments to the government for mobile spectrum use.

  • Reliance Jio’s mid-segment LYF Water 5 smartphone launches on Amazon

    Reliance Jio’s mid-segment LYF Water 5 smartphone launches on Amazon

    MUMBAI:  Reliance Jio’s mid-segment LYF Water 5 phone from Reliance Digital has been launched. Water 5, unlike its predecessors Water 1, Water 2, and Water 7 that are available in various brick and mortar showrooms, is only available online, exclusively on Amazon India.  The smartphone is priced at Rs 11,699/-.

    Online platforms are fast becoming an attractive option for vendors because of the wide outreach it allows them as well as an increasingly web-savvy young generation that is taking to online shopping as a means of quick, hassle-free, and largely secure mode of shopping.

    A few days ago, Reliance Jio opened its 4G mobile internet and phone call service for the general public on a ‘trail’ basis with a couple of conditions. One can buy the Jio sim-card after getting an invite from employees of Reliance Industries group firms and must buy an LYF handset. The invitee needs to pay Rs 200 to activate the services. This will also grant user free unlimited access to Jio’s 4G mobile applications like Jio Play, Jio On-demand, JioMag, JioBeats, Jio Drive etc., for 90 days. Reliance’s LYF range of mobile devices cost between Rs 5,599 and Rs 19,499 each.

     

  • Reliance Jio’s mid-segment LYF Water 5 smartphone launches on Amazon

    Reliance Jio’s mid-segment LYF Water 5 smartphone launches on Amazon

    MUMBAI:  Reliance Jio’s mid-segment LYF Water 5 phone from Reliance Digital has been launched. Water 5, unlike its predecessors Water 1, Water 2, and Water 7 that are available in various brick and mortar showrooms, is only available online, exclusively on Amazon India.  The smartphone is priced at Rs 11,699/-.

    Online platforms are fast becoming an attractive option for vendors because of the wide outreach it allows them as well as an increasingly web-savvy young generation that is taking to online shopping as a means of quick, hassle-free, and largely secure mode of shopping.

    A few days ago, Reliance Jio opened its 4G mobile internet and phone call service for the general public on a ‘trail’ basis with a couple of conditions. One can buy the Jio sim-card after getting an invite from employees of Reliance Industries group firms and must buy an LYF handset. The invitee needs to pay Rs 200 to activate the services. This will also grant user free unlimited access to Jio’s 4G mobile applications like Jio Play, Jio On-demand, JioMag, JioBeats, Jio Drive etc., for 90 days. Reliance’s LYF range of mobile devices cost between Rs 5,599 and Rs 19,499 each.