Bruised by fierce competition to keep prices low, the tariff hike announced by the two companies is the first in several years and follows record second-quarter losses reported by the two operators
Last week, in a major blow to the incumbent telecom players, Bharti Airtel and Vodafone-Idea, the Supreme Court ruled that the existing definition of AGR will prevail.
Reliance Jio Infocomm Ltd added 10.5 million subscribers to its network, making it the third biggest in the country
In FY17, the combined average revenue per user (ARPU) of the incumbent telcom operators fell by 20%
Vodafone India indicated in its results that it was witnessing early signs of stabilisation in data