Fantastic piece, wrong about Reliance Retail though.
a) Core retail revenues of grocery, lifestyle and electronics are 57% of reported revenues, balance is connectivity (master distributor for Jio in India i.e. not core retail - when you install Jio Gigafiber in your home for example, payment is done to Reliance Retail not Jio) and petro retail.
b) In the Reliance Retail Ltd Annual Report (main entity for retail operations - AR on the RIL website), see the related party transactions between Reliance Retail, Reliance Corporate IT Park Ltd and Reliance Projects and Property Management Services.
(i) They all pay a huge amount of rent to each other. The latter two entities pay rent equivalent to some 40% of retail operations EBITDA. Could be these rents are to do with the Jio Phones operating leases though.
(ii) Most importantly, see the RPTs reported by Reliance Retail Ltd in its AR with these entities and the RPTs reported by these entities in their AR (also available on the RIL website) with Reliance Retail. The two don't add up for some strange reason.
In a nutshell, don't think RIL's retail operations are the reason they will beat Amazon/Walmart - execution usually flows from transparency.
Simply amazing explanation.. made me more curious.. wondering what are the architectural advantages in 5G.. also I would like to make a Hindi version of this article with your permission.. thanks
Hi Vivek, well researched and written. As per Aldrich Kiliman "The early bird gets the worm but the second mouse gets the cheese". But I believe Jio has depicted exact movements showcased by Late Prof Clayton Christensen's "Disruptive Innovation". How about we discuss that angle.
Thank you Vivek, for this detailed article. Does explain a lot on the advantage Jio has over other Telcos.
Kerp these kind of articles coming. I have subscribed and also contibuted a little for your coffee ( not enough to buy from Starbucks though) from our desi Thelas.
Loved reading how you’ve explained everything so simplistically. Have also compelled me to subscribe this and follow you on twitter. Keep up the good work :)
Fantastic piece, wrong about Reliance Retail though.
a) Core retail revenues of grocery, lifestyle and electronics are 57% of reported revenues, balance is connectivity (master distributor for Jio in India i.e. not core retail - when you install Jio Gigafiber in your home for example, payment is done to Reliance Retail not Jio) and petro retail.
b) In the Reliance Retail Ltd Annual Report (main entity for retail operations - AR on the RIL website), see the related party transactions between Reliance Retail, Reliance Corporate IT Park Ltd and Reliance Projects and Property Management Services.
(i) They all pay a huge amount of rent to each other. The latter two entities pay rent equivalent to some 40% of retail operations EBITDA. Could be these rents are to do with the Jio Phones operating leases though.
(ii) Most importantly, see the RPTs reported by Reliance Retail Ltd in its AR with these entities and the RPTs reported by these entities in their AR (also available on the RIL website) with Reliance Retail. The two don't add up for some strange reason.
In a nutshell, don't think RIL's retail operations are the reason they will beat Amazon/Walmart - execution usually flows from transparency.
Please share your UPI id. Really want to donate.
What a mind-blowing article. Please do make an app.
Loved the way you have narrated story with all visualizations. It kept me hooked till the end :)
Simply amazing explanation.. made me more curious.. wondering what are the architectural advantages in 5G.. also I would like to make a Hindi version of this article with your permission.. thanks
https://www.quora.com/q/financialgyan/What-are-best-stocks-to-invest-in-right-now?ch=10&share=cb61b687&srid=u95uz
It seems someone used your article & did not give any reference or credit to your article. I thought of letting you know.
Superb effort on creating this master piece. Loved the structure around 2G to 4G evolution. 👏🏻👏🏻
Fantastic read! I finally understood the tech bits and bobs that have eluded me for years! Thanks for writing this!
Loved reading this stuff. Keep up the good work 👍🏻
Hi Vivek, well researched and written. As per Aldrich Kiliman "The early bird gets the worm but the second mouse gets the cheese". But I believe Jio has depicted exact movements showcased by Late Prof Clayton Christensen's "Disruptive Innovation". How about we discuss that angle.
Thank you Vivek, for this detailed article. Does explain a lot on the advantage Jio has over other Telcos.
Kerp these kind of articles coming. I have subscribed and also contibuted a little for your coffee ( not enough to buy from Starbucks though) from our desi Thelas.
Good work.
Rajesh Mukundan
Well explained article on Reliance's game plan.Good Refresher on various Telecom technologies ( reminding my college days) ...
Amazing content. Thanks.
Loved reading how you’ve explained everything so simplistically. Have also compelled me to subscribe this and follow you on twitter. Keep up the good work :)
Brilliantly written.. good job my friend
How did u produce those diagrams & info graphics.. they are exceptionally beautiful
Excellent article. Well illustrated & lucidly explained especially the various telecom technologies. Thank you.