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Reliance Jio launch details send rivals’ stock prices tumbling

Connectivity BusinessbyConnectivity Business
September 2, 2016
in Space Services, Strategy and Markets
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Indian billionaire Mukesh Ambani’s Reliance Jio Infocomm has announced that it will launch commercially on 5 September with a welcome offer granting free access to unlimited LTE data, voice, messaging and video services and other apps and content. As expected, rival telcos’ stock prices nosedived following the launch announcement, with incumbent Bharti Airtel’s share price falling […]

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Tags: Asia PacificBharat Sanchar Nigam Limited (BSNL)Bharti AirtelIdea CellularMahanagar Telephone Nigam (MTNL)PremiumReliance CommunicationsReliance IndustriesReliance Jio InfocommTata CommunicationsTelenor IndiaTF248Vodafone India
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