Telco industry bid adieu to growth for 5 years, as Jio moved to top spot

India’s wireless telephony industry is now back at the same level of revenues it had before Reliance Jio Infocomm Ltd’s launch in 2016. But while industry revenues are flat, Jio’s market share has gone up from zero to as high as 38% during this period, data collated by Jefferies India Pvt. Ltd shows.

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