Reliance investors now dream that if all goes according to plan, customers will talk, shop, bank, watch digital content using a Jio app provided on a Reliance Jio connection. “Reliance Jio is clearly not positioned as a mere telco. They now dream that if all goes according to plan, customers will talk, shop, bank, read, write, eat, watch digital content and book a holiday using a Jio app provided on a Reliance Jio connection. The Reliance Jio they dream of, therefore, is more like a combine of China Mobile and Tencent. If, as most analysts expect, Reliance Jio ends up with about a third of the market, it’s not clear why customers would prefer Jio apps for digital services, rather than others that are network-agnostic.

Source: Mint April 13, 2018 03:11 UTC