RIL’s telecom arm becomes top telecom revenue earner at Rs 10,900 crore

28 Aug 2019

Reliance Industries' (RIL) telecom arm -- Reliance Jio Infocomm (Jio) has pipped Bharti Airtel and Vodafone Idea in Q1 (April-June) of 2019-20 as top revenue earner from telecom services at Rs 10,900 crore within three years of commencing commercial operations.

This assumes significance as Reliance Jio stormed into the highly-competitive telecom sector in September 2016 with its disruptive voice and data offerings, while Bharti Airtel had launched its services way back in 1995.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

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