Telecom Battle for India

April 8, 2017

Reliance Jio’s entry has led to a series of mergers & acquisitions in the Indian telecom industry. Voice tariffs are close to zero while data is getting cheaper by the day. A close look at what the 4G battle could mean for telecom subscribers.
It’s a high stakes war to dominate India’s Rs 2.6 lakh crore telecom sector. A corporate fight as brutal, intense, debilitating and bruising as that seen in the cash-guzzling e-commerce business. Indeed, the giants in both these sectors are involved in a game of one-upmanship for customer acquisition through attractive freebies which are burning a hole in their balance sheets. Source

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