The Economic Times:
Indian mobile operator Reliance Jio reports first quarterly profit of ~$79M in FY Q3, 15 months after starting commercial operations, had 160M+ users as of Dec. — Within 15 months of starting commercial operations, Reliance Jio Infocomm turned profitable, posting a net profit of Rs 504 crore for the third quarter of the fiscal year.
from Techmeme http://ift.tt/2rpmiSG
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