Reliance Industries almost spent double the amount compared to Airtel on 5G Auction. Can anyone elaborate on the advantages Reliance will have due to this ? And impact on Airtel due to this ?
The obvious advantage for Jio would be more connectivity.
Need to learn more to know about the impact on Bharti
Reliance is scared of Adani and doesn’t want to take a chance. Although Adani has denied that they won’t enter consumer mobility space and stick to private networks but there is no guarantee that it won’t enter the field after 5-6 years when the 5g market is established either by buying an existing telco (probably VI) or by getting fresh licenses/spectrum from GOI. Even Jio got license in 2009 and entered the market in 2016. So Adani may also be buying time by denying to prepare themselves for the battle.