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Jaswanth Jegan

Founder-Hexpertify.c... • 8m

"How Jio's entry Killed Aircel" Billions to Bankruptcy #3 Aircel's Failure story Aircel was founded in 1999 by C. Sivasankaran.Aircel expanded its services and became prominent telecom operators in India,known for its competitive pricing and strong presence in certain regional markets. In 2006 Maxis Communications acquired a 74% stake in Aircel, which helped in expanding its operations.It was a Fifth largest operator in Wireless Connections share of 8% in the market till the launch of Jio. After launch of Jio it started experiencing reduction in market share. Aircel stRuggled with high debt their parent company stopped funding it so they decided to merge with Reliance communication which will have 15% market share but it fell apart. In 2018, Aircel filed for bankruptcy due to its inability to cope with mounting debts and operational losses after several months they ceased operation and left costumers to post to other operators.

13 replies24 likes

Replies (13)

Saathvi SN

Attended Mangalore U... • 8m

[This post has been deleted by the creator]

0 replies

LIKHITH

On ne sait Jamais ! • 8m

Nice cover!

0 replies1 like

anant

Nothing • 8m

Aircel n csk in ipl good association

1 replies3 likes

Anonymous 2
•

Wipro • 8m

Great cover man. This was the only affordable sim compared to airtel or Uninor

1 replies2 likes

Anonymous 1

Hey I am on Medial • 8m

Did you see the beer biceps podcast??

1 replies2 likes

SamCtrlPlusAltMan
•

OpenAI • 8m

Recently saw a few short videos about how the government forces these giant telcos to make wrong decision based on their interests, and it’s really depressing that even businesses are under so much pressure.

2 replies2 likes

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Shubham Khandelwal

Data Science Enthusi... • 8m

Jio really bought a revolution in Telecom Industry. Telecom operators used to charge reckless money for data during those days.

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Chamarti Sreekar

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• Jio VS Airtel Vs V! : Voice and SMS-only plans compare » Jio revises ₹479 and ₹1,899 prepaid plans: changing, ₹458 & ₹1,958 » Airtel revises ₹509 and ₹1,999 prepaid plans: changing, ₹499 & ₹1,959 » V! Launched New Plan prepaid plans changing •

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BigLoot IN

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Reliance Jio hiked its tariffs in July 2024, but despite this move, the company lost approximately 10.9 million customers in the second quarter. On the other hand, BSNL managed to gain 2.9 million new users in July. This shift highlights that Indian

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kapil jadhav

Medial • 10m

Zomato Is Beating Swiggy In The Food Delivery Race! Swiggy posted Rs 8,265 Cr revenue in FY23, but its losses climbed to Rs 4179 Cr. With that its outstanding losses reaches to 27,000 Cr. Swiggy is looking to turn profitable by the second half of th

zomato

swiggy

Votes: 35

0 replies7 likes

Udyamee

Baki sab thik ? • 7m

Ye sala dukh khatam kahe nahi hota be.. After Jio 25% hike now Zomato 20% hike in service charges 🙂 Zomato ka shh lunga, investor hu revenue 📈 share price 📈 but jio🥲

8 replies8 likes

LIKHITH

On ne sait Jamais ! • 6m

DID YOU KNOW ! Nvidia, the world's second-largest company by market capitalization, considered declaring bankruptcy in the early 1990s. Their initial chip, the NV1, was a commercial failure.

6 replies6 likes

Manas Thota

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Can someone please explain me how the share market works as I was always fascinated by its approach. ?

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Jio’s entry into the AI cloud market is a direct challenge to Google Cloud, Jio will provide "AI-Cloud Welcome Offer", upto 100 GB of free cloud storage for Jio users from this Diwali This was all about the Jio B2C strategy, they have even partnered

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Prog Kanishk Raj
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Samsung Electronics' Market Position: Samsung Electronics has become the largest player in its sector, reflecting its significant growth and market influence.

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Shrinivas Bhalerao

Founder @KraftBags.s... • 10m

Reliance Launches WYZR Reliance Industries has entered into consumer electronics with its new brand, WYZR, aiming to blend cutting-edge technology with affordability. Will Wyzr disrupt the market just as Jio did for telecom??