Jio’s entry to help telecom industry double data revenues to $11 billion by 2017-18: CLSA
Reliance Jio would drive the Indian telecom market further and help the overall industry to double to $11 billion by 2017-18, according to brokerage firm CLSA. The firm, in a note, said that Bharti Airtel and Reliance Jio are best placed to gain from the surge. "Over fiscal years 2015-16 to 2017-18, we expect data revenues to double and Bharti Airtel and Reliance Jio are best-placed to gain, given their lead... Read More