The REAL reason Ambani announced 3 more months of Jio freebies

December 02, 2016 15:02

Reliance Jio is the fastest growing technology company in the world, Mukesh Ambani declared proudly on Thursday. "In the first three months, Reliance Jio has grown faster than global tech giants, Facebook WhatsApp or Skype," Ambani, the chairman of Reliance Industries, said.

The ambitious 4G telecom venture is also, however, in danger of running out of its first wave of steam, according to industry observers and analysts.Which is why Ambani, on Thursday, injected another round of steroids into his company by tacking on another three months to the company's existing free data, voice and video offer. Read more

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