Airtel-Telenor deal is a result of Reliance Jio’s aggressive entry: Fitch
Fitch Ratings said that Airtel’s deal with Telenor to acquire the latter’s India operations is the latest sign that the entry of aggressive Reliance Jio is spurring incumbents to consolidate to meet the intense competition and weaker telcos better to exit altogether. Jio’s massive investment of USD20-25 billion and unique … Read More