Jio to gain over Rs 21,000 crore for current financial year

Ratings agency Moody’s on Wednesday said Mukesh Ambani-led telecom operator Reliance Jio would reportedly generate revenue of about Rs 21,300 crore for the current financial year, assuming its 7.2 crores. Prime users pay for services between July 2017 and March 2018. Further, Jio's paid customers are "credit positive" for Reliance Industries, it noted. Jio's aggressive stance will ensure heightened competition in the sector, it added.

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