How Jio’s Tariff Hikes, and FWA Push Will Drive Valuations
JIO – Key Takeaways from the Indian Telecom Industry: Tariff Hikes: Given the competitive landscape, higher data consumption, and lower ARPU, we anticipate more frequent tariff hikes. The recent July 2024 hike has been positive, and its full impact is expected by March 2025. RJio’s Subscriber Base: While RJio saw a decline in wireless subscribers…