MoneyWorks4Me

RIL’s telecom arm eyes 100 million subscribers

02 Sep 2016 Evaluate

Reliance Industries’ (RIL) telecom arm - Reliance Jio Infocomm (RJIL) has set a target to bring onboard 100 million customers in the ‘shortest possible time’ as it rolls out its 4G network across the country.

The company has already onboarded 1.5 million users on its 4G network, during the test phase. Over the past few weeks, Reliance Jio has been expanding its unlimited calls and high-speed mobile broadband trial offer to 4G smartphone users of brands such as HTC, Intex, Vivo, Gionee, Karbonn and Lava.

Jio service is already available on Sony, Sansui, Videocon, LG, Samsung, Micromax, Panasonic, Asus, TCL, Alcatel 4G smartphones.

 

Peers
Company Name CMP
Reliance Industries 1206.65
Indian Oil Corpn. 130.50
Bharat PetroleumCorp 297.00
HPCL 343.05
MRPL 182.85
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