Global brokerage Nomura said 4G rollouts and the Reliance Jio launch had led to the Indian telecom industry consolidating from 12+ operators to a 3+1 market structure. "Now, with the upcoming 5G rollouts, we think Bharti and R-Jio’s market share gains could likely accelerate further at Vi’s expense and India’s telecom market could end up as a virtual duopoly. Bharti remains our preferred pick among listed Indian telcos," it said.
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/M79GmfX
Wednesday, July 20, 2022
As Adani threat fades, 5G rollout may make telecom a duopoly; Bharti Airtel top pick
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