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Reliance Jio writes down Rs 12,000 crore even before launch of services
Reliance Jio writes down Rs 12,000 crore even before launch of services

Reliance Jio has written down Rs 12,000 crore on spectrum for the FY16. This is the first case where an Operator has written down such a huge amount even before launch of its services. Companies write down an asset to reduce its value or offset a loss or expense. A write-down becomes a write off if the entire balance of the asset is removed from the books altogether.

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Latest Comments
This can only happened in India because...
Posted By :- Rishabh Sachdeva
I really enjoyed B K Syngal's observati...
Posted By :- Prahlad Sharma
It is basically a fight between old ope...
Posted By :- Dr Y. K. Singh
I think it is not possible to get these...
Posted By :- Abhishek Gupta
Reliance Jio will fudge its numbers and...
Posted By :- Deepak Mahajan
Great analysis. I am sure whatever numb...
Posted By :- Pankaj Pachauri
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Q&A
"Smartphones have an integral part to play in the connected world of future"
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Kuldeep Malik
Country Head – Corporate Sales International, MediaTek India Technology Pvt. Ltd.

With more IoT devices and technologies being developed, smartphones have an integral part to play in the connected world of future. With favourable government initiatives and policies, we expect data consumption to grow further along with more connected devices.......read more

Corporate
Telecom NewsTelecom NewsReliance Jio writes down Rs 12,000 crore even before launch of services
Reliance Jio has written down Rs 12,000 crore on spectrum for the FY16. This is the first case where an Operator has written down such a huge amount even before launch of its services. Companies write down an asset to reduce its value or offset a loss or expense. A write-down becomes a write off if the entire balance of the asset is removed from the books altogether....read more
Policy & Regulation
Telecom NewsTelecom NewsTDSAT asks telecom regulatory to re-examine Reliance Jio's promotional offers
The telecom regulator will re-examine the offers and report back to TDSAT in two weeks on a petition filed by others including Bharti Airtel...read more
Technology
Telecom NewsTelecom NewsIris integrated mobile devices to address Aadhaar authentication failures
“We believe iris integrated smartphones and tablets will address the issues reported with Aadhaar biometric authentication. The UIDAI and the worldwide biometric community have tested and found iris to have better reliability,” said Salil Prabhakar of Delta ID...read more

Enterprise
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People Movement
TCS to set up World’s largest Corporate Learning Center in Thiruvananthapuram
With a total capacity to train 15,000 professionals at one time and 50,000 professionals annually...read more