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Reliance Jio’s Tariff Hikes Hit Subscriber Resistance

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The youngest telecom operator in India – Reliance Jio – reported revenue growth of 6.2% in the March 2020 ended quarter. The company’s average revenue per user grew 2.3%, while its customer base increased by 4.7% compared to last quarter. This is after the company hiked its tariffs twice – October and December 2019. The latest data shows Jio customers are not taking the hike in their stride . . .

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