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  #121  
Old 30th September 2011, 10:21 AM
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Anil has not made any friends by his scathing media outbursts, many would be happy if he were to go to jail.

Whether or not his companies would get acquired by his elder brother, frankly I don't have a clue.
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  #122  
Old 30th September 2011, 10:24 AM
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Quote:
Originally Posted by man4urheart View Post
What are chances of younger brother going to jail and big brother taking over all business?
Anil's going to jail can't be the lone trigger for Reliance Communications being taken over.

In the absence of promoters, big companies can be run by professional managements.

In my opinion, what is more important is whether the company can get out of the current financial mess or not.

If the company is unable to sell its towers business, it will face a serious cash crunch and won't be left with many options.
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  #123  
Old 30th September 2011, 12:10 PM
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Default It looks a small pocket maar treated as terrorist

Much had been said and analyzed for RCOM. It look more like Anil is become a poster boy for all the corruption. It is not like the case. This whole controversy is totally going on wrong direction. CBI is just plotting things to save congress and raja.

There are few thing really need to check it.

1) India out going rate is almost 1/10 of what it is in USA.
2) 2003 out going rate was 4 rs per minute and on recharge of 200 rs we were getting talk time of only 140 rs on prepaid.
3) R Com start a price war and was one of the biggest reason why call rate drops in India
4) Cheaper spectrum in 2g was one of the biggest reason for 30 paisa per minute out going rate. No one can deny it.
5) No one can compare this allocation price with 2002 NDA allocation and license fees amount. Reason is simple in 2002. 1650 Cr was big amount. No bank was ready to even pay loans to telecom operator. Number of subscriber was so less that even no telecom company can afford that.
6) Rcom was almost last incoming player in bigger players. When people compare it with Bharati in long term you also need to see their depreciation etc. Bharti is also not clean, they have cartel with Vodafone and idea. Suppose this companies was working in USA they must get legal notice of monopolistic violation.

Ultimately cheaper spectrum is beneficial to Indian public and the case created by CBI is base less.

Yes there is a corruption and that is few companies sold spectrum now that is big thing. You can't sell resources which given to you at lower cost to serve Indian public. That is a big real case and CBI should work for that.

If Rcom holding more then 10% in swan then that is the case. Because you cant ignore TRAI's rules of associate companies. If it's less then 10% then you cant do any thing to Rcom or Anil.

If Swan had made some financial blunder under name of Anil then CBI must arrest him, but if they don't have proof then this is nothing to do.

CBI is saving chidambarm and framing case on other that is very wrong. Another thing people is missing here. Ramalinga Raju is in jail from 3 years. What you have to do with that? By putting him jail shareholder will get their amount back?

Govt should give him in prison of 1-2 -3 yrs whatever comes under rule and liquidate his assets and give money to Mahindra Satyam now that you can do which is in best interest of every one.

For 2g case will go on for years, if you will put Anil in Jail then it will be a wrong message for corporate. They will start framing politician.

Politician will again try to frame corporate - where will be the reforms. As we are working in corporates - we know when we have to go for any legal work or at excise or at finance department. Do you think companies are getting their work done without paying single rupee?

You can't

For Rcom still they have valuation - They have good amount of assets in hand. 70% share is with Anil, Reliance infratel.

So they will be able to cut down debt by 20-25K in future by strategic investors. 205 Cr R com share can be reach at 5 Rs EPS with 1000 Cr profit. If they able to cut down 20K loans of 7-8% interest rate that will save around 1400 Cr rs and that will give 7 Rs EPS.

So there is valuation the only things is when this will come to end, and it looks it will come to end soon. If you can take risk there is a big potential profit in R com and Suzlon also.

I am personally betting on both share. Because once I buy share I keep it with me for at least 7-10 years.

I have few shares which I bought way back in 2004 - 2005 and even after so much volatility in last 4 yrs I am on tax less profit of around 200-300%.
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  #124  
Old 30th September 2011, 01:46 PM
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Quote:
Originally Posted by pateln07 View Post
Much had been said and analyzed for RCOM. It look more like Anil is become a poster boy for all the corruption. It is not like the case. This whole controversy is totally going on wrong direction. CBI is just plotting things to save congress and raja.

There are few thing really need to check it.

1) India out going rate is almost 1/10 of what it is in USA.
2) 2003 out going rate was 4 rs per minute and on recharge of 200 rs we were getting talk time of only 140 rs on prepaid.
3) R Com start a price war and was one of the biggest reason why call rate drops in India
4) Cheaper spectrum in 2g was one of the biggest reason for 30 paisa per minute out going rate. No one can deny it.
5) No one can compare this allocation price with 2002 NDA allocation and license fees amount. Reason is simple in 2002. 1650 Cr was big amount. No bank was ready to even pay loans to telecom operator. Number of subscriber was so less that even no telecom company can afford that.
6) Rcom was almost last incoming player in bigger players. When people compare it with Bharati in long term you also need to see their depreciation etc. Bharti is also not clean, they have cartel with Vodafone and idea. Suppose this companies was working in USA they must get legal notice of monopolistic violation.

Ultimately cheaper spectrum is beneficial to Indian public and the case created by CBI is base less.

Yes there is a corruption and that is few companies sold spectrum now that is big thing. You can't sell resources which given to you at lower cost to serve Indian public. That is a big real case and CBI should work for that.

If Rcom holding more then 10% in swan then that is the case. Because you cant ignore TRAI's rules of associate companies. If it's less then 10% then you cant do any thing to Rcom or Anil.

If Swan had made some financial blunder under name of Anil then CBI must arrest him, but if they don't have proof then this is nothing to do.

CBI is saving chidambarm and framing case on other that is very wrong. Another thing people is missing here. Ramalinga Raju is in jail from 3 years. What you have to do with that? By putting him jail shareholder will get their amount back?

Govt should give him in prison of 1-2 -3 yrs whatever comes under rule and liquidate his assets and give money to Mahindra Satyam now that you can do which is in best interest of every one.

For 2g case will go on for years, if you will put Anil in Jail then it will be a wrong message for corporate. They will start framing politician.

Politician will again try to frame corporate - where will be the reforms. As we are working in corporates - we know when we have to go for any legal work or at excise or at finance department. Do you think companies are getting their work done without paying single rupee?

You can't

For Rcom still they have valuation - They have good amount of assets in hand. 70% share is with Anil, Reliance infratel.

So they will be able to cut down debt by 20-25K in future by strategic investors. 205 Cr R com share can be reach at 5 Rs EPS with 1000 Cr profit. If they able to cut down 20K loans of 7-8% interest rate that will save around 1400 Cr rs and that will give 7 Rs EPS.

So there is valuation the only things is when this will come to end, and it looks it will come to end soon. If you can take risk there is a big potential profit in R com and Suzlon also.

I am personally betting on both share. Because once I buy share I keep it with me for at least 7-10 years.

I have few shares which I bought way back in 2004 - 2005 and even after so much volatility in last 4 yrs I am on tax less profit of around 200-300%.
Problem is swan is not an independent company.

Problem is its almost a subsidary for RCom which was made specifically the purpose of getting spectrum and once it got it .It passed it on to its parent RCOM.

Thats proving to be the bone in ADAG neck.If SWAN would had been a different company altogether some unknown face would had been behind bar and these stocks wont have hit.But the 3 ADAG person behind bars themselves hold almost 25% or more holding in swan(i read somewhere).WHich is a proof enough all power were with RCOM management.

No doubt i agree with all your point.

Also i agree even if the government have got those 1 lakh crore which they lost.Some another minister would have siphon of the money .

Its that RCOM have given them many loose ends.Plus on top of that Congress cant afford to keep much ends loose (as its own ministry and allies becoming complacent did open robbery of nation wealth).Its already sure Congress wont be coming next.And than new government can open worms will throw Congress out for a good 15-20 years out of power.

Regarding your point that cheaper allocation giving cheaper call rates.I guess you talking much about 2004 time NDA days(call rates were already lower than).Whereas the whole 2g mess is of 2008.
Regarding 30 paise per minute that was already there in NDA time 60 paise per minute but as always same network .

Even in NDA regime all rules were bend by mahajan to give monopolistic environment to Mukesh Reliance.And after that he face the music in election loosing his own seat.

By the way even i have started my investment for longer horizon in all 4 main companies in every big fall 2000 rs worth share in each company.
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  #125  
Old 3rd October 2011, 01:42 PM
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Quote:
Originally Posted by man4urheart View Post
What are chances of younger brother going to jail and big brother taking over all business?
Looks like chances are NIL.

2G scam: CBI gives clean chit to Anil Ambani

Quote:
"The investigation did not reveal any evidence either oral or documentary to inculpate Shri Anil Ambani in the structuring of different companies and transfer of funds," the agency said in its status report submitted to the Supreme Court on September 29.
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  #126  
Old 19th June 2012, 11:00 AM
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Veritas again hits out at Reliance Communications and gives a price target of Rs 15 per share.

Quote:
Canada-based equity research firm Veritas has assigned a value of Rs 15 to the stock of Anil Ambani-promoted Reliance Communications, citing high debt, "whimsical" accounting policies and poor corporate governance standards as the key reasons.

The report was released on June 8.
Veritas takes aim at RCom....again; values stock at Rs 15 - Moneycontrol.com -

The stock is down 6% today.
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  #127  
Old 19th June 2012, 12:38 PM
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Many Indian companies use "creative" accounting. Reliance companies have always been "very creative".

Last edited by sudhashbahu : 19th June 2012 at 12:45 PM.
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  #128  
Old 19th June 2012, 01:13 PM
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What are chances of takeover by Mukesh including the huge debt it has on his books? Is it wise for Mukesh to launch 4G with Infotel or they do need a company from telecom?

My sister have this stock somewhere around 122 levels but I am not shock with the valuation.Once every nook and corner I used to see RCOM franchise. These days even I am able to see MTS but not rcom ones.They almost look non existing here.
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  #129  
Old 2nd July 2012, 09:11 AM
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Originally Posted by magnet View Post
Is it wise for Mukesh to launch 4G with Infotel or they do need a company from telecom?
I don't think Mukesh would be interested in acquiring Reliance Communications.

Dhirubhai built his businesses from scratch and hardly acquired any big companies during his lifetime. There were some exceptions like IPCL.

Mukesh thinks more like Dhirubhai.

He is a shrewd businessman and he won't acquire a company unless he gets it at a good price.

Also, Mukesh understands Reliance Communications and knows exactly what's happening inside the company.

There are far too many issues with Reliance Communications and its balance sheet looks miserable too.

If Veritas' accusations are correct, Reliance Communications has zero value and in that case, Mukesh will never even think about acquiring the company as a whole.

Mukesh may be interested in acquiring parts of the business like the towers business.

There is also a possibility that he may build an entirely new telecom company from scratch.

There were reports earlier this year that Reliance was considering setting up its own towers for its 4G services.

Quote:
Mukesh Ambani-owned Infotel Broadband Services plans to set up over 1,00,000 towers for its 4G operations in the next three years, moving away from its 'asset-light' model and possibly disappointing telecom tower companies, including Anil Ambani's Reliance Infratel, which were hoping the RIL group company would use their passive infrastructure for its services.
Mukesh Ambani-owned Infotel Broadband to set up over 1,00,000 towers for 4G operations - Economic Times

Setting up their own towers may actually be the cheaper option for Reliance Industries.

Initially most of the demand for 4G services will come from urban India and thus the number of towers required will be quite low.
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  #130  
Old 3rd July 2012, 06:02 AM
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Ain't Mukesh bhai getting into hotel business by buying stake in EIH? He bought Analjit's stake in it and anyway he is losing on the bet!



I strongly doubt the credibility of Veritas, bunch of idiots. They said same thing about DLF. To me seems market all aligned one sided on RCOM. I think surprises are ahead!

Last edited by man4urheart : 3rd July 2012 at 06:08 AM.
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  #131  
Old 29th August 2012, 11:53 AM
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Reliance Communications continues to sink.

It is made a new all time low today and is below 50 now.

I wonder how low it will go!
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  #132  
Old 29th August 2012, 12:45 PM
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If Bharti is not able to sustain, Reliance communication does not have any ground to hold on its own. .

I think we can see Rs 30 to 35 levels soon.

Happy Investing!
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  #133  
Old 29th August 2012, 02:27 PM
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Originally Posted by San Yad View Post
If Bharti is not able to sustain, Reliance communication does not have any ground to hold on its own. .
You are right.

Competition, inflation and saturation have dramatically changed the Indian telecom industry.

Once a high-growth industry, telecom has now become a utility industry.
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  #134  
Old 29th August 2012, 08:17 PM
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Originally Posted by San Yad View Post
If Bharti is not able to sustain, Reliance communication does not have any ground to hold on its own. .

I think we can see Rs 30 to 35 levels soon.

Happy Investing!
Even the only utility provider to telecom sector who doesn't have much competition is suffering.

I feel all this companies thought once a person gets mobile in hand with VAS they will be able to milk him. But after paying high prices and now again getting ready for another bleed that too for old technology 2G. I see much more downside.

Earlier I was interested about Reliance Infotel launch. But now if they bid for 2G spectrum I am sure many operators will sink totally and with deep pockets they can easily crush many operators.

I am really worried about by investment in this sector. Have holdings in Bharti and Rcom.
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  #135  
Old 2nd April 2013, 10:34 PM
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Reliance Industries to use RCom's nationwide fibre optic network for its 4G venture | NDTV Gadgets

Will this change the fate of the company?
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  #136  
Old 3rd April 2013, 08:00 AM
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Quote:
Originally Posted by magnet View Post
The details of the deal are still unavailable.

On its own, the deal means little for Reliance Communications.

Rs 1200 crore is a small amount compared to the debt that the company is carrying and won't really improve the financial position of the company.

The stock has risen more on hope than on facts - hope that RIL will further collaborate with or invest in Reliance Communications and thus bring in much needed cash.
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  #137  
Old 4th April 2013, 12:38 AM
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On 37000 crores of debt 1200 crore cash addition looks Peanuts. Eat a few and you still would be hungry!
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  #138  
Old 17th May 2013, 01:04 PM
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Quote:
Originally Posted by man4urheart View Post
On 37000 crores of debt 1200 crore cash addition looks Peanuts. Eat a few and you still would be hungry!
Quote:
Originally Posted by Alchemist View Post
The details of the deal are still unavailable.

On its own, the deal means little for Reliance Communications.

Rs 1200 crore is a small amount compared to the debt that the company is carrying and won't really improve the financial position of the company.

The stock has risen more on hope than on facts - hope that RIL will further collaborate with or invest in Reliance Communications and thus bring in much needed cash.
More than double since April.

What's cooking?
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  #139  
Old 17th May 2013, 01:24 PM
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Originally Posted by Atiker View Post
More than double since April.
Whats cooking ?
When everything runs even donkeys run.

I exited in one folio at 100 price. In another I plan to exit as soon as it touch buy price of 125.
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  #140  
Old 17th May 2013, 01:43 PM
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Quote:
Originally Posted by magnet View Post
When everything runs even donkeys run.

I exited in one folio at 100 price.In another i plan to exit as soon as it touch buy price of 125
But this donkey is galloping, double in less than 2 months.

There is something cooking.
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  #141  
Old 17th May 2013, 03:46 PM
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Originally Posted by Atiker View Post
But this donkey is galloping, double in less than 2 months.
There is something cooking.
The only hope is Bada Bhaiya....Mukesh Ambani...

And also all are crying now boom sector for telecom has come.

I guess that reason is enough to make it double. Chances of reducing debt now looks easy because of cash coming and deals it is entering.

Also tariff increase also helped it to show profit but debt increased further.

Anyways I don't see much upside and almost I feel even 140 it can go if some news about its tower comes out.

I just want to exit as I average the stock from 195 level but didn't further average it went it went below 90 and was trading around 60.

Buy price around 126 and will like to exit on principal thinking I put money to rogue lender and now I took my principal out from him.
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  #142  
Old 18th May 2013, 10:07 AM
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Originally Posted by Atiker View Post
More than double since April.

What's cooking?
It looks like a relief rally to me, but it's also possible that the stock has bottomed out for good.

There have been lot of positive developments for the company in the last two months.

First came the deals with Reliance Industries. That was followed by the Reliance Globalcom deal.

The company increased tariffs by as much as 30% in early May.

Also, there are rumors in the market that Reliance Communications will exit DTH business and sell it to Sun Group.

---------------------------------------

Selling assets is no long-term solution to the problems of the company. Every time the company sells its assets, its revenues will decrease or costs will go up or both.

The tariff hike is a major positive, but I am not sure if the company has the pricing power to keep increasing tariffs in future too.

Reliance Industries' entry into telecom services with shakeout the entire sector. Whether Reliance Industries sees RCom as an ally or a competitor will determine the fate of Reliance Communications.

I think investors of RCom should just wait and watch RIL. If RIL gets aggressive and starts a new price war, investors should exit RCom. In such a scenario, benefits that RCom will get from deals with RIL would be nullified by the pricing pressures in the market.
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  #143  
Old 18th May 2013, 07:29 PM
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Originally Posted by Alchemist View Post
Reliance Industries' entry into telecom services with shakeout the entire sector. Whether Reliance Industries sees RCom as an ally or a competitor will determine the fate of Reliance Communications.
That is the gist of the current scenario. If RIL decides to play bad, even Bharti will have nowhere to run. The enormous cash juggernaut of RIL can disrupt anything, anywhere.
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  #144  
Old 19th May 2013, 12:10 PM
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The whole industry is a big avoid. Capital intensive, undifferentiated products, high competition with another big entrant on the way, already overpenetrated, frequent regulatory and government intervention and controversy. Every possible negative. Bharti created a lot of wealth during the last decade for people who bought at the right time as India played catch up in a very short period of time. Unlikely to be repeated in the coming time.

Rcom could rally more due to positive news flow and some amount of deleveraging. Anybody who is stuck should use this opportunity to get out. Even if Reliance acquired Rcom, we all know how the Reliance guys do their M&As in such a way that only they benefit.
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  #145  
Old 29th May 2017, 12:02 PM
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Rcom has defaulted on its debt repayments.

Quote:
The Anil Ambani-owned mobile phone operator has defaulted on its loan servicing obligations with more than 10 local banks, some of whom have categorised the exposure as "special mention account" in their asset books.
Reliance Communications: Over 10 banks red flag Anil Ambani's Reliance Communications over missed loan payments - The Economic Times

A whole new worry is emerging for Indian banking sector.

Quote:
The telecom sector is under a debt of Rs 8 lakh crore, which is more than double of the direct exposure that banks have made into telecom sector, as disclosed by data from the Reserve Bank of India (RBI).
Bankers warn government about possible defaults in telecom industry | Business Insider India

What else can be expected when one company is offering telecom services for free.
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  #146  
Old 29th May 2017, 06:01 PM
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Quote:
Originally Posted by Alchemist View Post
Rcom has defaulted on its debt repayments.

Reliance Communications: Over 10 banks red flag Anil Ambani's Reliance Communications over missed loan payments - The Economic Times

A whole new worry is emerging for Indian banking sector.

Bankers warn government about possible defaults in telecom industry | Business Insider India

What else can be expected when one company is offering telecom services for free.
It is not a Telecom company (Jio). Its a data company. So comparing it with Airtel etc. will always lead to this. The reason telecom sector is facing trouble is that they refused to see the disruption coming.
They either have to change accordingly or perish. No other way out for them. And yes it's not the fault of Jio for this bloodbath.
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  #147  
Old 30th May 2017, 08:16 AM
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Quote:
Originally Posted by nitinku5021a View Post
And yes it's not the fault of Jio for this bloodbath.
Jio is openly using predatory pricing.

These rates are unsustainable. The current pricing is so low that not even RIL can make money at these rates.

RIL is losing big money in telecom, but is hiding the losses by capitalizing all expenses.

With lacs of crore invested and 0 revenues, RIL reported a loss of just 22.5 crore.

Reliance Jio loss widens to Rs22.5 crore for second half of FY17 - Livemint

Salaries, marketing expenses, device subsidies, electricity bills and everything that one can think of - every little thing is being capitalized.

It's just aggressive and creative accounting, not disruptive technology.

RIL can absorb loses for much longer periods because of its size and is using that advantage to destroy competition.
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  #148  
Old 30th May 2017, 08:08 PM
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Quote:
Originally Posted by Alchemist View Post
Jio is openly using predatory pricing.

These rates are unsustainable. The current pricing is so low that not even RIL can make money at these rates.

RIL is losing big money in telecom, but is hiding the losses by capitalizing all expenses.

With lacs of crore invested and 0 revenues, RIL reported a loss of just 22.5 crore.

Reliance Jio loss widens to Rs22.5 crore for second half of FY17 - Livemint

Salaries, marketing expenses, device subsidies, electricity bills and everything that one can think of - every little thing is being capitalized.

It's just aggressive and creative accounting, not disruptive technology.

RIL can absorb loses for much longer periods because of its size and is using that advantage to destroy competition.
Telecom is a capital intensive business. You invest most of the money upfront and your profitability depends on large share of market. Given this dynamics, and the new technology which enables now masses to use data as never before, I don't see why RIL should not adopt the strategy they have adopted.
All the companies are going in the same direction. Internet service providers are just the backbone of the data business. Frontend are getting led by Facebook, Google and Microsoft. They are trying to get into ISP business whereas RIL is just doing the reverse. Ultimate aim is to brace for the upcoming AI business.
It is true that not many small players can get into this kind of business yet and it may lead to the Oligarchy like situation. But it is wrong to expect from RIL to make this right. Its the job of government.
Whereas the RIL is concerned, as a shareholder/promoters perspective, it makes total sense to what they are doing.

You are pointing that this price is unsustainable. I feel the price will go only one direction from here and that is South. I eventually see that data access will be freely available to all of us just like Radio and TV. Yes creative pricing may be there for fast access and all that. Most of the incomes, these companies will make from the data they gather from us and in turn sell us the thing which they want.

Your another point is that its not disruptive. If making india the most data accessible country in the world in the short span of time is not disruptive enough then I don't know what it takes to bring the disruption. The whole game is getting changed just because now you have a computer in your hand with fast internet access.
The only thing other Telecom companies have to learn is that accept the change and come up with strategy in the changed scenarios. Google is already providing free wifi at many railway stations across india. Facebook was trying to come up with free internet with all the bell and whistle. Microsoft's windows 10 is now available free to use [ They just don't let you change your desktop background]. We just need to sit back and ask, why they all of a sudden becoming so generous?

And you will get the answer what is coming...brace for the impact !
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  #149  
Old 31st May 2017, 07:56 AM
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Originally Posted by nitinku5021a View Post
It is not a Telecom company (Jio). Its a data company. So comparing it with Airtel etc. will always lead to this.
What do you mean by Reliance Jio is a data company?

How does it differ from Airtel in terms technology and license?
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  #150  
Old 31st May 2017, 12:11 PM
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Quote:
Originally Posted by paran View Post
What do you mean by Reliance Jio is a data company?

How does it differ from Airtel in terms technology and license?
Why do you want to look at it only from technology and license? Jio is collecting all the data which you have in your phone. I will not be surprised if they even keep you voice data saved. So when you take Jio SIM, they offer you host of services and everything goes through their network. They exactly know who you are, what you do, at what time you wake up, where you go and with whom do you talk..apart from what you do in your browser. They want to become netflix/Hotstar, paytm and many more. And most of it will come either free or at so low price that you will wonder how they make money out of it.
If you think, that they are here to wipe their competition out by doing predatory pricing, it will only be partially correct. They are preparing themself for competing with Google and Microsoft.
If you have any doubt, just monitor "MyJio" app for next 7 days and see all of their background processes.
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  #151  
Old 31st May 2017, 12:46 PM
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Quote:
Originally Posted by nitinku5021a View Post
Why do you want to look at it only from technology and license? Jio is collecting all the data which you have in your phone. I will not be surprised if they even keep you voice data saved. So when you take Jio SIM, they offer you host of services and everything goes through their network. They exactly know who you are, what you do, at what time you wake up, where you go and with whom do you talk..apart from what you do in your browser. They want to become netflix/Hotstar, paytm and many more. And most of it will come either free or at so low price that you will wonder how they make money out of it.
If you think, that they are here to wipe their competition out by doing predatory pricing, it will only be partially correct. They are preparing themself for competing with Google and Microsoft.
If you have any doubt, just monitor "MyJio" app for next 7 days and see all of their background processes.
Whatever you said above, can be done by Airtel too.

They are not different from Reliance Jio (from technology point of view).

Also they had disturbed the market with the pricing power but their service wasn't disruptive in the market. If their price is same as others, they are no different from other operators, from the end user point of view.

For an example introduction of cellular service, smart phone, autonomous car, AI these are all disruptive technologies.
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  #152  
Old 31st May 2017, 03:31 PM
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Quote:
Originally Posted by paran View Post
Whatever you said above, can be done by Airtel too.

They are not different from Reliance Jio (from technology point of view).

Also they had disturbed the market with the pricing power but their service wasn't disruptive in the market. If their price is same as others, they are no different from other operators, from the end user point of view.

For an example introduction of cellular service, smart phone, autonomous car, AI these are all disruptive technologies.
From the end user perspective, Coverage Area / Price / Speed in all three, Airtel is far second. I am not saying Airtel can't do the same. But it requires huge capital and atleast 2-3 years of time.

Jio had started, what we are seeing today, in around 2010. Disruption doesn't always need to come from technology point.
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  #153  
Old 14th September 2017, 09:00 AM
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Ericsson India has filed an insolvency case against Reliance Communications.

This is more or less the end of road of RCom.

I don't see any way the company can be saved now, unless it gets merged with a much stronger company.

The key question is would any company want to merge with RCom?

Reliance communications: Ericsson India files insolvency case against Reliance Communications - The Economic Times
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  #154  
Old 15th November 2017, 01:38 PM
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RCom has defaulted on its dollar debt repayments.

As RCom nears a complete bankruptcy, it is dragging down other ADAG stocks.
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