The Mukesh Ambani-owned telco on Wednesday unveiled revised tariffs, which were as much as 40% costlier. The analysts expect that it would push up its earnings before interest, tax, depreciation and amortisation (EBITDA) by 33% or $1.5 billion for FY 2020-21, propelled by a 28-29% increase in the average revenue per user (ARPU) to Rs 157.
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Thursday, December 5, 2019
Tariff revision: Experts expect Reliance Jio to gain most from hikes
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