Jio 4G launch to squeeze market share of Airtel, Vodafone, Idea
Reliance Jio Infocomm’s launch of 4G LTE services will intensify competition which will squeeze the market share, EBITDA margins and credit metrics of incumbents, according to India Ratings and Research (Ind-Ra), which said that voice revenue are likely to remain moderate in FY17 on stagnant minutes of usage (MoU) and further competition in call realisations. The agency expects data revenue to remain stagnant on a 30%-40% decline in data realisations/megabyte... Read More