Reliance Jio will continue to remain disruptive: Jefferies

Reliance Jio will continue to remain disruptive: Jefferies

Latest News – With 72 million subscribers enrolling for prime membership till March 31, Reliance Jio will remain disruptive given its aspirations, investment banking firm Jefferies said here on Wednesday.

Last week Jio reported that out of its over 100 million subscribers of free services, over 72 million have enrolled for the Jio Prime membership. The enrollment allows subscribers unlimited monthly data for a one-time annual membership of Rs 99 and monthly fee of Rs 303.
“This subscriber retention is well above the recent expectations of 50 million that were being built in. This will lend confidence in (Read More)

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