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Jio's new offer dampens tariff hike talk, adds to Vodafone Idea's worries

Reliance Jio's new offer may impact Vi's fundraise plans, say analysts

Topics
Reliance Jio | Vodafone Idea | telecom services

Aneesh Phadnis  |  Mumbai 



reliance jio, RIL
Jio has over 400 million subscribers, but has seen slower growth in customer addition in recent months

Reliance Jio’s two-year discounted offer has dampened expectations of a tariff hike in the telecom space and has added to the woes of (Vi), which is looking to reduce subscriber loss and raise funds, analysts said. The new offer will also slow the recovery in average revenue per user (ARPU) of telecom companies, they said.

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First Published: Mon, March 01 2021. 22:34 IST

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