What Idea Cellular took 17 years to achieve, Reliance Jio did in 16 months
Reliance Jio reported a revenue of Rs6,879 crore for the December quarter, while Idea Cellular is expected to report a revenue of Rs6,700 crore
It’s been only 16 months since Reliance Jio Infocomm Ltd launched commercial operations, but it may have already overtaken Idea Cellular Ltd on revenue. The new entrant reported revenue of Rs6,879 crore for the December quarter. In comparison, Idea Cellular is expected to report revenue of around Rs6,700 crore, based on consensus Street estimates.