Reliance Jio's Grand Plan: Capture Half The Market By 2021

After garnering over 100 million subscribers in just six months of launch, Reliance Jio plans to overhaul the telecom industry’s revenue structure and is banking upon India’s mobile data consumption opportunity to drive up revenues in the next five years. 

The company expects to corner a 50 percent revenue market share by FY21 and operating margins of over 50 percent. At an analyst meet on Thursday, the company demonstrated that there is a strong demand for data in India. 

According to Jio’s estimates, about 400 million Indians can pay Rs 500 a month for data services. This would have a commensurate impact on its financials as well, as the company has invested nearly Rs 1.8 lakh crore into its ambitious telecom project.

For more information Call us ✆ +91 7400-734000 or Visit Dollar Advisory