Does Reliance Jio sustain in the long-term?

Reliance Jio has announced its aggressive 4G data and voice plan and now the fear is that will it sustain in the long-term. In current market condition typically IGB data is 250 Rs/GB and Now that will come down to 50/GB. It is something of great news for all price sensitive customers while it is a matter of concern for all other operators as they have to slash their data and voice tariff to survive in the market.

It may be good news for the customers but an industry which is debt burdened to an amount 35,000 cr is further pushed to battle

By : Admin| Category : Business and Economy| Date : September 03,2016

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