Reliance Jio pan-India launch likely in April, to generate $1.7 bn revenue by 2016-17-end: Brokerage firm

By January 22nd, 2016 AT 6:28 PM

Mukesh Ambani-owned Reliance Jio’s pan-India launch of 4G services will happen by April this year, even as the telco seems set to acquire 23% share of India’s non-voice market by the end of its fourth year of commercial operations, according to Morgan Stanley. The brokerage said, in a note to clients, that Reliance Jio, which last month launched 4G services for its group employees, will generate $1.7 billion of revenue by the end of 2016-17. The firm also said that Jio will clock $6.69 billion of revenue by the end of its fourth year of commercial operations.

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Morgan Stanley said, “We expect Reliance Jio’s pan-India launch by April 2016 as the company mentioned all regulatory compliance measures are in place.”

In India, Bharti Airtel has rolled out 4G services in more than 350 towns and cities, while Vodafone India and Idea Cellular have introduced FDD-LTE technology-based 4G services in select circles. Jio will also target as many as 131 million customers by end-2019-20, the brokerage firm said, adding that Jio’s 4G network “in the 1800/2300 MHz bands is ready”.

The firm further said that Jio is expanding its 850 MHz footprint through the recent spectrum trading and sharing deals with Anil Amabani-led RCom.

Earlier this week, the Anil Ambani Company, and Jio entered into spectrum-trading and spectrum sharing agreements. RCom subsequently paid Rs. 5,383.84 crore as spectrum liberalization fee to the Indian telecom department.Under the deal, Jio will buy airwaves in nine circles from RCom, while the two will subsequently share bandwidth in 17 circles.

Another brokerage firm CLSA had also come with a similar note, which said that Jio would grab 80 million high-value data customers from urban markets in two years. It also predicted over 55% of Jio’s data customers would come from Vodafone, Airtel and Idea Cellular.

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Idea Cellular Becomes India’s Third Operator to Provide Pan India 4G ServicespranjalAbhiJyotirmoy Mannamike Recent comment authors
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[…] third telecom operator to offer pan-India 4G services after Reliance Jio and Bharti Airtel. Reliance Jio was the first network to offer 4G services in all the telecom circles of India, while Airtel recently joined the list and with the roll out of […]

Pranjal
Pranjal

NOT RELATED
i have bsnl broadband connection with 4 mbps upto 8 gb then 512 kbps unlimited from last 4 days speed is not decreasing from 4 mbps i have downloaded 45 gb in 3 days, i have not done any topup to increase data,do i have to pay more than usual amount or not?

Abhi
Abhi

LOL, just think it’s a dream and download as much as you want before BSNL fixes it. Eventually the speed will be set to 512, sometimes when you restart the modem for example. Don’t restart it. Since your plan is unlimited one, doubt you’ll have to pay anything extra.

pranjal
pranjal

it is still working 🙂 now i dont know what to download…. downloaded 89 gb now, thanks i was worried about the bill yesterday

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