TELE­COM CRUNCH

Business Today - - THE BUZZ GRAPHITI - Graphic By Ni­lan­jan Das Re­search by: Anup Ja­yaram

In over a year since Re­liance Jio started mo­bile ser­vices with free voice call­ing and fast data con­nec­tiv­ity, the In­dian tele­com sec­tor has con­sol­i­dated. De­spite just five large op­er­a­tors left, prof­its have fallen, debt lev­els have zoomed and gov­ern­ment earn­ings are down.

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