Reliance Jio and Facebook

Both companies want to dominate the Indian market. It is unlikely they have enough reasons to do it together.

Late last year, Reliance Industries Ltd invited over analysts covering the company’s telecom business, Reliance Jio Infocomm. The idea was to help them understand how to look at the venture, and hence value the company and its future prospects. In a presentation that didn’t receive as much public attention as it should have, Reliance said it was unfair to look at Jio as a telecom venture. No, it is unlike a Bharti Airtel or a Vodafone Idea; those are telecom plays but, well, Jio is different, or so the company argued.

Reliance’s spiel was that Jio should be compared to …

Author

Ashish K. Mishra

Ashish is the editor-in-chief of The Morning Context. One of the best-known business feature writers in India, he was selected for Germany’s Robert Bosch Stiftung Fellowship in 2012 and received the Mumbai Press Club RedInk certificate of recognition in 2015 for his story “Inside the Network 18 takeover”. Before joining The Morning Context, Ashish co-founded The Ken, where he was managing editor. His previous writing stints include Mint, Forbes India and The Economic Times.

Editor-in-chief

ashish@mailtmc.com

London