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