India regulators did a bad thing letting Jio so unfair practices (unsustainable low prices) when it launched 2-3 years ago. We need capitalism to work naturally without govt intervention and favoritism.
Maybe govt will need to waive the dues for taxes and spectrum to help these mobile companies survive. India needs at least 3 players Jio, Airtel, Idea-Vodaphone.
Vodafone Idea Will Close If Government Doesn't Provide Any Relief: Kumar Mangalam Birla
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