Latest news with #INR70
Time of India
03-08-2025
- Business
- Time of India
How Mukesh Ambani's risky bet has now become Reliance's superpower
When Mukesh Ambani launched Jio, sceptics were quick to raise doubts. Sure, analysts thought it was a smart move, but eyebrows shot up at the jaw-dropping INR70,000 crore rollout plan to blanket 5,000 towns and over 2 lakh villages in 4G. Morgan Stanley, back then, warned that just snatching market share wouldn't cut it — Jio would need to expand the market. In 2016, Morgan Stanley said that it expected Jio 4G telecom services to grow to 40
Economic Times
03-08-2025
- Business
- Economic Times
How Mukesh Ambani's risky bet has now become Reliance's superpower
When Mukesh Ambani launched Jio, sceptics were quick to raise doubts. Sure, analysts thought it was a smart move, but eyebrows shot up at the jaw-dropping INR70,000 crore rollout plan to blanket 5,000 towns and over 2 lakh villages in 4G. Morgan Stanley, back then, warned that just snatching market share wouldn't cut it — Jio would need to expand the market. In 2016, Morgan Stanley said that it expected Jio 4G telecom services to grow to 40
