Jio’s new tariffs 7-20% lower than its competitors: CLSA
By
Biju Kumar
Mumbai: Brokerage firm CLSA on Thursday said that the new tariffs announced by Reliance Jio are 7-20 per cent lower than the new rates offered by its competitors.
In a note, CLSA said that it expects Jio’s profits to rise further due to likely higher average revenue per user (ARPU) among other reasons.