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Subscriber loss in Q2 makes tariff hike tough for Jio
Despite client losses, Jio remains the market leader, with 429.5 million customers as of September
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Analysts predict RIL’s subsidy cost on JioPhone Next rising amid delay in launch
The subsidy element per handset could rise to around Rs 2,500, or Rs 18,750 crore overall.
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Jio’s 4G smartphone to be launched on Sept 10
JioPhone Next to be launched: Jio is aiming towards achieving a user base of 500 million over the next 12-18 months
