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Daily Briefing

No clear winner in India’s telecom wars

Dec 7, 2018 by The Passage Team
No clear winner in India’s telecom wars

Six months ago, Bharti Airtel Ltd was the undisputed leader in India’s telecom market with the largest subscriber base, highest profit and maximum revenue market share. The entry of Reliance Jio Infocomm Ltd however resulted in a bruising tariff war, which forced even a large corporate house like the Tata Group to exit the industry. Following a year-long consolidation, only two other private players were left in the field—Bharti Airtel and entity resulting from the merger of Vodafone India and Idea Cellular.

Although the dust in the telecom battleground has settled largely with three players remaining, the sector is at the cusp of an anomaly with no clear market leader emerging on key growth metrics and no distinct industry hierarchy in sight.

Source: Livemint

The Passage Team

The Passage is committed to creating in-depth content over technology industry across Asia with a focus on emerging startups in the technology, healthcare, education, food, tech, travel & mobility segments.

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