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September 28, 2017 166 No Comments

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The newly introduced JioPhone is likely to boost the market share of Mukesh Ambani-led Reliance Jio from 3 per cent to 4 per cent to more than 10 per cent in 2018 attracting first-time 4G users, Fitch Ratings said on Monday.

JioPhone would add 3-4 per cent or about $950 million to annual industry revenue if adopted by at least 100 million subscribers, which appears likely.
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