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Analysts give a thumbs up to Jio nos, say older telcos to face a tough time

Revenue market share numbers will be majorly redistributed MUMBAI/NEW DELHI:  Reliance Jio Infocomm (Jio's) first set of financials surprised analysts who say incumbents will be further pressurised to keep pace with the high customer acquistion and the  revenue  the new entrant is collecting from its subscribers. "These numbers would positively surprise any experts in the  industry . From challenger perspective to have these numbers on debut is a record of sorts. Revenue market share numbers will be majorly redistributed. This will put further pressure on incumbents," said Sanjay Kapoor, former head of  Bharti Airtel , India. Jio, with 138.6 million subscribers, boasts of an above industry average revenue per user (ARPU) of Rs 156.4. The one year old operator said most if its customers preferred the Rsr 399 plan and there few takers for the Rs 149 plan. "These are very impressive results for somebody's who has been very aggressive in the market. EBITDA of 2...