Telcos to bleed this fiscal as well due to Jio: Crisil

According to a Crisil report, telecom operators will continue to face difficulties in 2017-18 as well. The report also said two of the top three telcos are set to “bleed” due to intense competition from Reliance Jio. While Jio is estimated to have cornered 55% of total data consumption since launch, Crisil sees a muted 0-5% revenue growth for top telcos for this fiscal.

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