With investments of Rs.1.35 trillion and counting, not many doubt Reliance Jio Infocomm Ltd’s ability to shake up the telecom business. The bulk of the revenue for the existing operators is still driven by voice. Clearly, shareholders of existing operators are not the only worried lot. It is possible that Jio will change the nature of the business and strong incumbents will also gain from this transition. Meanwhile, it is important to note that some of the existing operators have built strong businesses and brands over the years—displacing them will not be easy for a newcomer.

Source: Mint September 07, 2016 19:18 UTC