Jio believes the incumbents are materially behind and will take at least 3-4 years to reach where Jio is, today. Jio would have moved a few years further ahead on network capacity/quality aspects, by then. Essentially, Jio is suggesting a sustainable competitive moat on network capacity unless a competitor spends big in a short time to make up for lost time.
Analysts argue that Jio will continue to be ultra-disruptive and keep deploying huge incremental capital to achieve market supremacy; he/she believes Jio can potentially get an EV/GCI of as much as 2X on incremental capital deployed from here on.
