Telecom outlook negative, Reliance Jio market share may increase by 40-45%: Fitch Group company
Business | August 30, 2019 12:48 ISTIndia Ratings and Research (Ind-Ra) has maintained a negative outlook on the telecommunications services sector for the remainder of FY20. "Competitive intensity in the telecom industry has remained elevated with Reliance Jio Infocomm's (RJio) data tariffs that are 25-30 per cent lower than those of Bharti Airtel Limited (Bharti) and Vodafone-Idea Limited (Voda-Idea)," said the report.