Airtel, Reliance Jio or Vodafone Idea? No clear winner in India’s telecom wars
There is an aggressive new entrant (Reliance Jio), a mature player (Airtel) and a third player which is going through strenuous amalgamation (Vodafone Idea)
New Delhi: 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.