India mobile carriers rally on hopes for easier competition after Jio price rise
Top-ranked Bharti Airtel Ltd rose to a more than eight-year high and Reliance hit a record on the first day of trading since Jio`s announcement last week of new high-end data tariffs that effectively raise prices by as much as 20 percent.
Oct 23, 2017, 18:03 PM IST
Jio tactics will have telcos' revenues falling 10% this fiscal
Pain in the telecom sector is not over yet and the current year will see an up to 10 percent fall in revenue and eventually, the top three telcos will control up to 85 percent of revenue market share after the ongoing consolidation, says a report.
Aug 01, 2017, 18:57 PM IST
