"The smartphone shipments in India grew a healthy 23 percent annually in Q3 2016 compared to the global smartphone market which grew modest 5 percent," the report by Counterpoint Research said.
Nitin Soni of Fitch Ratings says it is very important for Reliance Jio to have access to the contiguous 800 MHz spectrum in the overlapping 10 circles where it does not have that kind of a spectrum.