Jio may achieve Rs 250 ARPU driven by high 4G usage: CLSA
Higher 4G data usage will allow Mukesh Ambani-owned Reliance Jio to achieve Rs 250 level of average revenue per unit (ARPU), according brokerage firm CLSA. The brokerage firm said that the ARPU needed to ensure achievable subscriber target which may get returns in the next 5 years for the telecom operators. While it is 30 per cent higher than Bharti Airtel’s ARPU, it implies 25% discount to estimated 3G ARPU. Earlier,... Read More