Reliance Jio\'s Value Proposition Strong Despite Charge: Merrill Lynch

Reliance Jio's Value Proposition Strong Despite Charge: Merrill Lynch

Merrill Lynch expects the subscriber momentum to slowdown in FY21-22 but expect average revenue per use (ARPU) improvement on back of tariff hike.

Tech, Media & Telecom | | Updated: October 16, 2019 21:16 IST
Reliance Jio's Value Proposition Strong Despite Charge: Merrill Lynch

Merrill Lynch also expects Jio to bid for 700 MHz/3.5 GHz spectrum.