Jio Launched, Airtel & Idea Stocks Crashed & Twitter Did Its Thing
In a landmark move by Mukesh Ambani, the much awaited mobile network Jio was officially announced. With it’s free voice calls for life, no roaming charges and cheap data tariff, sure as hell, it’s going to disrupt the telecom industry in India. Rival telecom players Airtel, Vodafone, Idea and others already have a lot to worry about, and their stocks have reflected the panic. Meanwhile conspiracy theories have also emerged on how the Jio logo looks like Oil spelled backwards. Everyone’s excited, and the Twitteratti of course have spoken.
