American -Liberian Joe Ragland (in red jersey) who obtained his Liberian citizenship in 2012 in in action for Lokomotive Kuban in the EuroCup (photo credit: Lokomotive Kuban) Liberia-born Joe Ragland of the United States on Wednesday led Lokomotive Kuban to their fifth unbeaten match in Group C of the ongoing EuroCup Basketball competition after defeating Partizan NIS Belgrade 93-83.Ragland led the Lokomotive by scoring 23 points and 5 assists after they won their fifth unbeaten match in the European basketball tournament. Before the match against Partizan, Lokomotive defeated Retabet Bilbao Basket 102-86 where Ragland scored 12 points and 4 assists.Wednesday’s match was the 27-year-old fifth’s appearance for Lokomotive in the EuroCup since joining the basketball club in July and his 21st appearance in the European tournament.The 23 points scored by Ragland on Wednesday means he has so far scored 93 points, 26 assists, and 6 steals for Lokomotive out of five games in the EuroCup.Prior to his move to Locomotive Kuban, Ragland played 16 games in the EuroCup for Italian side FoxTown Cantu and recorded 235 points, 83 assists and 15 steals.Lokomotiv Kuban is seated top of Group C after securing five wins out of five games. They will be hoping to extend their unbeaten run on November 15 when they take on Limoges CSP.The Russian club last won the EuroCup in 2013 after defeating Uxúe Bilbao of Spain 75-64.In the domestic league in Russia, Ragland also led the team in their second home match by scoring a game point of 16 and 3 assist after Lokomotive won Nizhny Novgorod 94-64. He has so far scored 46 points out of 4 games in the VTB United League.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)
Reliance Jio on Sunday evening launched its 4G services at an event in Mumbai, but it will be available to only Reliance employees as of now. The public rollout is expected to begin in March-April 2016.The launch had already been deferred twice, apparently because Mukesh Ambani was not happy with the service being offered. As of now, Reliance 4G’s peak speed, as reported in field trials by Credit Suisse, is 70 Megabits per second (Mbps), which translates to downloading a 700 MB video file â€” the maximum amount of data that can be put on a CD â€” in 80 seconds.However, other sources say the usual speed is in the 15-30 Mbps range, meaning the entire contents of a full CD can be downloaded in approximately 6 minutes and 15 seconds in the lower limit, and about 3 minutes and 6 seconds in the upper limit.Interestingly, the Reliance Industries chairman has managed to rope in Shah Rukh Khan, the erstwhile brand ambassador of Bharti Airtel, to endorse his product. Airtel is one of the biggest competitors of Reliance in the 4G space, having heavily advertised the service over the past few months to capture a majority share of the market.In a glittering event where performances by Shah Rukh Khan and internationally-acclaimed music composer were the highlights, no one missed the significance of the presence of Mukesh’s brother Anil, his wife Tina and their two children.A statement from RIL said: “By throwing open the Jio services to all its business partners, and its vast number of employees and their families spread all across India, RIL will be making the optimal use of human resources to ensure that the last and the slightest wrinkle would be smoothed out to perfection before Jio launches its all-India commercial services.”The launch also saw Reliance pushing its Lyf brand of phones with the connection.
Idea Cellular’s Managing Director Himanshu Kapania speaks during a news conference to announce the company’s quarterly results in Mumbai October 24, 2013.Reuters fileIndia’s third largest telecom company, Idea Cellular on Wednesday posted a loss of Rs 12.84 billion (Rs 1,284.5 crore) for the quarter ended on December 31, 2017.Idea said a sharp cut in call connect charges and competitive tariff rates among telecom companies are the reasons for the loss.Kumar Mangalam Birla-owned telecom operator had registered a loss of Rs 3.84 billion (Rs 383.9 crore) in the year-ago period, according to its regulatory filing, reports PTI.It added that the revenue from operations came in at Rs 65.1 billion (Rs 6,509.6 crore) for the quarter ended December 2017, almost 25 percent lower than Rs 86.63 billion (Rs 8,662.7 crore) in the same period the previous year.The company pointed out that 57 percent sharp decline in IUC (Interconnect Usage Charges) settlement rates negatively impacted Idea’s Revenue and EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) for this quarter by Rs 8,200 million (Rs 820 crore) and Rs 2,300 million (Rs 230 crore) respectively, the news agency reported.The telecom company gave hints about the merger plans with Vodafone India. Idea Cellular said that the merger is awaiting final regulatory approval and expected to complete in the first half of 2018. The proposed entity will create India’s largest telecom company by revenue and subscriber base. Last week, Reliance Jio posted a net profit of Rs 504 crore, in three months ended in December, the company announced.