I think the lack of geographical proximity to Jio, didn't give Mr. Ben the complete picture of the forces at play. The story of Jio (Reliance) cannot be told without the political-corruption-nexus in India, by investing in Jio - Facebook, Google, Qualcomm etc. not only acquire stake in 'The Enterprise' of India but also guaranteed of political favors apart from access to data from millions of Indians through a single…
India is very corrupt but then all companies know that already. There is nothing special that Reliance can offer that Vodafone or Airtel wont. In fact during the Congress government India saw the largest scam ever perpetuated by non-Reliance players.
Reliance is also not a winner always. Reliance industries has burned its hands on retail, 2G services, agriculture, social media and many other business.
People assign too much competence of current BJP government. Had they been half as competent as their opponents claim we would have seen a far different India.