Friday, January 22, 2016

Reliance Jio Will Get 23% Mobile Internet Share by About 2020, Morgan Stanley Predicts

Reliance Jio Infocomm will generate annual revenue of $6.69 billion (Rs 45,492 crore) by the end of its fourth year of commercial operations and grab 23 percent of India's non-voice mobile market share, Morgan Stanley predicts.

Reliance Jio will generate $1.7 billion of revenue by the end of the 2016 to 2017 business year.

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