Is Reliance Jio Infocomm Ltd (RJIL) losing its plot of reaching 100 million users in the shortest possible time? He, however, expects Reliance Jio to hit a wall after that as incumbents would by then be geared up to combat its moves in the market. A Moody's report does not see RJIL achieving its initial target of 100 million before March 2018. Reliance Jio’s services will become paid from January next year. And, if Jio fails to reach its 100-million target soon, it will have to reconcile to being the fifth largest player in the telecom market after Airtel (250 million), Vodafone (200 million), Idea Cellular (175 million) and Reliance Communication (+Aircel+MTS) (130 million).

Source: dna October 18, 2016 10:16 UTC