Vodafone Idea on the edge after SC's AGR verdict; Jio may gain most

Jio is adding 8-9 million customers every month, so hitting the magic number could take 16-18 months

It does not require a big reach of the imagination to make out who will be the biggest beneficiary of the Supreme Court refusing to review on Thursday its earlier judgment on adjusted gross revenue (AGR). 

First comes Reliance Jio and at number two is Bharti Airtel. And the one to find itself on the edge will be Vodafone Idea, for which the question will be whether to close down operations or still ply the trade.

The reasons are simple: The AGR hit for Jio is negligible because it has to fork out a mere Rs 60 crore. And it