The company' s chief operating officer, Balesh Sharma said even after the merger with Idea Cellular takes place, the joint company will push both the brands ahead.
Telecom is truly in turmoil now. Analysts said smaller telcos will continue to face the heat while larger ones will run an extremely tight ship to sustain.
Recruiters said those with more than eight years of experience will have the toughest time and even junior-level employees will find the market choked.
The 'creative destruction' of Jio was also a factor since it 'crippled' many players and eroded an industry that got its revenues from voice business.
This move is expected to increase average revenue per user in the industry in the next 3-6 months and market leader Airtel is expected to benefit the most.
"15% of the market was 4G LTE about 18 months ago; it’s now shifting rapidly. About 50% or so of it is now LTE," Larry Paulson, president at Qualcomm India said.
Jio, with 138.6 million subscribers, boasts of an above industry average revenue per user of Rs 156.4.
Telecom Regulatory Authority of India’s (Trai) on September 19 decided to reduce IUC to 6 paise a minute from 14 paise, from October 1and also decided to scrap the charge from January 2020.
For the market leader, the benefits are multiple — it gets spectrum at practically throwaway prices, without taking on liability of debt or giving away cash.
Tata Communications on Thursday said that the Board had decided to appoint ?independent advisors to evaluate the strategic salience of the telco's enterprise business.
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