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Probably true, but how does that jive with the perception that it was all triggered by below-cost discounts from the likes of Jio to grab market share at a huge
by belltaco 7y ago
Probably true, but how does that jive with the perception that it was all triggered by below-cost discounts from the likes of Jio to grab market share at a huge loss, and that it's not sustainable?
- shakna 7y agoJio don't seem to be operating at a loss [0] at all. From what I can see of the numbers it seems sustainable, though their fibre offerings muddy the waters a bit. [0] https://www.business-standard.com/article/pti-stories/reliance-jio-q4-net-profit-jumps-64-to-rs-840-crore-119041801060_1.html https://www.business-standard.com/article/pti-stories/relian...