This, in turn, raises hopes of a turnaround in a sector which has seen margins squeezed and revenues eroded by Jio’s launch of dirt cheap data tariffs in September 2016. In just the last six months, Airtel has introduced a slew of measures to take on Jio. The better news is wherever Airtel is taking the lead in raising tariffs, Vodafone Idea is also following," a Mumbai-based analyst said requesting anonymity. Vodafone Idea lags behind these two at ₹104. In fact, during the January-March quarter, Vodafone Idea lost 53.2 million users while Jio added 26.6 million.

Source: Mint June 02, 2019 17:37 UTC