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2023

Jio Bharat may hurt Airtel, Vodafone Idea Ebitda: Analysts

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Analysts said with both Airtel and Vi increasing tariffs in the entry level segment, the timing of Jio’s launch of the new device and the tariff plan at a 20-30% discount to the market, even with a Rs 999 upfront payment for the device, may help the Mukesh Ambani-owned telco grab some 40% of the existing 250 million 2G subscribers.



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