July 27, 2020
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The Calling

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The Calling
  • Reliance already operates GSM services in 8 states and has 2.16 million subscribers. Its CDMA base is 19.6 million.
  • Its existing CDMA infrastructure can double up for GSM while administrative, marketing set-ups can be common
  • Average revenue per user is higher for GSM at Rs 362 as against Rs 256 for CDMA
  • A good hold on Delhi, Mumbai markets may improve Reliance's valuation
  • It'll be the fifth operator, marketshare won't come easy
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