Reliance Jio Says Incumbents, COAI Brought Financial Distress to Smaller Telcos
Reliance Jio on Monday accused Airtel, Vodafone and Idea Cellular of cartelisation, which has brought real financial distress to smaller telecom operators in the country. The Mukesh Ambani-led also said that the margins in the telecom sector remain healthy, according to media reports. Jio, in its presentation to the inter-ministerial group, further claimed that these telcos tried to block its entry and prevented the launch of new technologies. The telco... Read More
