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Reliance Jio’s Launch Will be Extremely Disruptive for Telecom Market

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As Reliance Jio is planning for its commercial launch, rival telcos are feeling the heat and are lowering the price of their data plans and  started offering night benefits. Kumar Mangalam Birla in an interview to ET Now said that Reliance Jio launch will be ‘extremely disruptive’ for the telecom market.

“Idea has enough capacity to serve the market for 10 years & has 4G footprint in 80% of existing markets.” He even added that Idea will emerge stronger on the back of strong customer base. As the E-commerce business returns are uncertain, Birla said that he won’t be throwing big money in this business. Commenting on the telecom business he said that “Idea has enough capacity to serve the market for 10 years & has 4G footprint in 80% of existing markets.” He even added that Idea will emerge stronger on the back of strong customer base. Read more

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Sweekar S

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