In 2016, Reliance Jio entered the market and disrupted the telecom sector. While users like us got cheap data and higher speeds, competition ensured that telcos went through a tough time managing their financial health.
A look at a broader time frame shows that mobile users were growing healthily till 2017, with the exception of 2013. But growth has fallen in recent years, with mobile users reducing in absolute number for the first time in six years (Chart 1). The share of rural mobile users also seems to have saturated. India now has 1,161 million mobile users, and 44 per cent

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