Jio rivals likely to come with aggressive counter-offers

After Reliance Jio announced its new Summer Surprise offer, Bharti Airtel, Vodafone India and Idea Cellular might reportedly come aggressive counter-offers. According to reports, research conducted by German company Deutsche Bank has revealed that India’s top three telcos would offer huge benefits even at the cost of short-term revenue loss. Notably, Airtel, Vodafone and Idea have sufficient 4G spectrum to compete against Jio, added the reports.

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