For a hundred years, it provided a yardstick of economic prosperity, has now been reduced to one free App in a 150 gm device: the Telephone.
Sh Mukesh Ambani has indeed overwhelmed the market: First in 2003 when he dropped the call rates from 10 rupees to 50 paise. And now – the phone is free, unlimited, anywhere, forever.
On the same day, the other end of the world has AT&T buying Warner – it is a road buying cars to increase its acceptance. (CNN+HBO+Warner Bros+AOL+Time)+(SBC+AT&T+Cellular One+Cricket+Ameritech) = AT&T.
Against all of above in America, we have one company: JIO.