It is reported in Economic Times that Reliance Jio will register a loss of Rs 19,600 crore in 2017-18 and Rs 11,500 crore in 2018-19.
Jio has got about 100 million customers. It has got a deep pocket and is trying with all the help from the government to ride over all other telecom companies. Once the other companies are put down, then the charges will be increased and the loss will be made up.
Of course, corporates have no respect for law and ethics. Profit is their only motive. And Reliance tops the list.