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Reliance Industries Heads For Biggest Gain In Eight Years 

Reliance Industries Heads For Biggest Gain In Eight Years 
The Reliance Jio office in Navi Mumbai. (Source: BloombergQuint)
9 years ago
Reliance Jio extends introductory offers, for another year beyond March 2017

Market was skeptical about revenue part of Reliance and the visibility of earnings. Now with some clarity with number of customers they have and they are adding, it is suggest that Reliance from Jio platform could see a full year revenue visibility of Rs 50,000-60,000 crore by middle of calendar year 2018. This could attract large part of investors and I think there is a distinct possibility of announcement coming from Reliance in 2017-18 on separating out Jio from Reliance (listing Reliance Jio separetely) to unlock its value.
Deven Choksey, MD, KR Choksey Securities

This announcement was on expected lines. This prices are still extremely low when compared to other incumbents and it’s not entirely good for the sector as revenues have fallen drastically.
Mahesh Uppal, Telecom Analyst And Director Of Consultancy Firm Com First India

Airtel, on the other hand, maintained its position saying, it had provided 35,000 PoIs at an “unprecedented rate” of five months and that the capacity provided to Jio was “far higher than the comparable capacity provided by Airtel to other operators”.

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