Airtel to Avoid but Jio Could Raise Tariffs to Generate Return on Investment: Fitch
Reliance Jio, the 4G entrant, may raise tariffs in the medium term to start generating a return on its massive investment of $27 billion-$30 billion, rating firm Fitch Ratings said, adding that India's leading telecom operator Airtel may not raise tariffs due to market pressure. "We believe that Jio may continue to disrupt the market by offering cheaper tariffs than the incumbents to gain market share. Ongoing industry consolidation will... Read More
