Reliance Digital TV (RDTV) is going to shutdown on 19th Nov

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First on ET: RCom may shut its wireless business in next 30 days, employees put on notice period
RCom may shut its wireless business in next 30 days, employees put on notice period
“Segment wise - ILD voice, consumer voice and 4G dongle post-paid will be migrated to enterprise as long as it is profitable. But besides these three, everything else will be shut down. We have published in newspapers that as our DTH license is expiring on 21st of November and we are not renewing license. So that will also mark our exit from DTH business. So that is restructuring of overall wireless and consumer business,” Singh added.

People familiar with the matter said that the company is planning to close down its 2G operations, weed out its low average revenue per user (ARPU) generating subscribers and focus on only the profitable parts of the 3G and 4G services - which could be housed under the enterprise business - in an effort to cut losses.
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2G also closing soon is also there.Might be true with their debt.
 
Is it reliance's business model thats the reason for such huge losses?
I dnt think jio should be blamed. Jio is 1yr old. But reliance lost all it built over the last 10yrs
 
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