An advertisement for Reliance Jio Fiber near Antilia, Mukesh Ambani’s residence in Mumbai. (Source: BloombergQuint)
Mukesh Ambani launched into India’s crowded telecom arena in 2016, wildly swinging the axe at rivals. But earlier this month, Asia’s richest man ambled into the broadband market, shunning aggression.The billionaire’s Reliance Jio Infocomm Ltd. started with free unlimited 4G data and voice services three years ago. This time, it’s offering higher broadband speeds but has capped usage.When it began charging in April 2017, Ambani’s tele...