The company unveiled cashback offers on every recharge of Rs 399, which include eight vouchers of Rs 50 each that will be credited to the ‘MyJio’ digital wallet of all Jio Prime members. Analysts and experts say these schemes are likely to compel Airtel, Idea Cellular and Vodafone India to respond. Rs 54.“The company has to maintain its ARPU, retain Prime customers and keep cash coming in. Bharti Airtel launched . It posted a net loss of Rs 270.59 crore and revenue of Rs 6,147 crore for the September ended quarter.

Source: Economic Times November 09, 2017 09:45 UTC