It’s the survival of the biggest in India’s telecom industry

April 8, 2017

Reliance Jio has sparked an unprecedented wave of consolidation in India’s telecom industry barely six months into its commercial roll-out. MintAsia examines the changing landscape.
Everyone had seen the writing on the wall. Since billionaire Mukesh Ambani’s Reliance Jio Infocomm Ltd launched services in September, offering a lifetime of free voice calls and three months of free data (later extended until end-March, then end-June), mergers and acquisitions had become inevitable in India’s hyper-competitive telecom industry. Source

Comments are closed.