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General

RJio's free services offer to shrink revenues - study

Wednesday 7 December 2016 | 13:44 CET | News
Reliance Jio Infocomm (RJio) has recently announced it extends its free services until 31 March 2017. The extension of free services by RJio is expected to generate a decline of voice and data revenues. The impact is expected to be exacerbated by the demonetisation of the higher denomination currency, which can lead to revenue loss of the telcos, especially in the pre-paid segment, according to a report from ICRA.

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Categories: General
Companies: Reliance Jio
Countries: India
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