Diabytes
Jio telecom News
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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.
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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.
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