Reliance Jio is gearing up for its full commercial launch of its services across the country and is all set to rattle India’s data market by offering 4G data at lowest rates in the world. “Mission of Reliance Jio is to take India from data shortage to data abundance. Jio makes India the highest quality, lowest…
Reliance Jio Infocomm pushes its 4G launch to December, in which case, the telecom arm of Reliance Industries may find it difficult to aggressively poach high-end consumers from incumbents. “It is confident of creating a strong first impression, both in terms of network quality and customer experience in an already overcrowded market as it is likely to get only one chance to do so, especially when it is trying to poach high-end consumers”.
“In our recent meetings with industry participants, a consistent view coming out is (of) risks of Jio’s commercial launch being pushed to December 2016,” said BankAm-Merrill.
“Jio is likely to be in a position to use RCom’s 850 MHz spectrum only towards December since the Anil Ambani-led carrier can do the spectrum sharing and trading deal with Jio only after obtaining alternate 850 MHz through a merger with Sistema Shyam” said IIFL Institutional Equities. Read more