Reliance Jio branded LYF phones could be worth $1 billion by FY17
Reliance Jio branded LYF phones could be worth $1 billion by FY17 #Jio #RelianceJio
Reliance Retail’s LYF has a potential to become a $1 billion brand in India, as it is well positioned to benefit from the launch of Jio’s 4G services as well as the ongoing smartphone boom in India, according to a CLSA note
The note added that Reliance Retail’s strong distribution network, better brand appeals at entry level, and initial bundling of Jio’s 4G services could significantly push LYF…