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Top 10 stories of the week: April 22nd to 28th April 2019

In no particular order, here are MediaNama’s top 10 stories of the week ended 28th April 2019 MediaNama would like to thank its sponsors: E2E, for their support. Jio added 10 million net subscribers every month in FY18-19: Q4FY19 earnings Reliance Industries’ digital services business reported operating revenues of Rs 13,609 crore for the quarter ended March 31, 2019 (Q4FY19), reporting a 62% year-on-year increase and 10.6% growth over the last quarter. Read it here Reliance Industries acquires majority stake in Indic language business Reverie We missed this earlier: In what is an important development for Indian language enabling of India’s Internet, Reliance Industries has acquired a majority stake in Reverie Language Technologies: RIL, India’s largest business conglomerate, has acquired an undisclosed majority stake for Rs 190 crores (around $27.3 million a current conversion rates), and will invest Rs 77 crores (almost $10 million) by March 2021. Read it here The TRAI has no grounds for recommending regulation of OTTs The TRAI Chairman, RS Sharma, told the Economic Times that the authority’s focus, when it comes to OTT regulation, is to fix the regulatory imbalance between OTT players and telecom operators, where telecom operators say that they are licensees and have law enforcement compliance burdens, while apps that provide similar services don’t. Read it here Nepal's Supreme Court stays PUBG ban, citing right to freedom The Supreme Court of Nepal last week stayed the government countrywide ban on mobile game PUBG, stating that the game was simply used by the…

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