Jio sees a slowdown in customer addition due to bad customer experience, may miss 100-million target
Slowing data speeds and weakening customer experience has resulted in a slowdown in customer addition for Reliance Jio Infocomm, which now could miss its target of reaching 100 million 4G customers by December-end, according to a note by Motilal Oswal, which estimated the telco’s pan-India customer base at 35-40 million. The brokerage said that the Mukesh Ambani-led telco’s subscriber run rate has also gone down below 50% due to challenges... Read More