Reliance Jio nears apex of India's mobile market in just 3 years

Carrier on pace to top Vodafone India as it lures subscribers with rock-bottom prices

20191016N jio (REUTERS)

A woman walks past a mobile store of Reliance Industries' Jio telecom unit in Mumbai. © Reuters

AKIRA HAYAKAWA, Nikkei staff writer

MUMBAI -- Reliance Industries is set to become the leading carrier in the world's second-biggest wireless market just three years after its debut, disrupting the industry in India by offering pricing so low it put smartphones in the hands of low-income and rural communities.

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