"Large capex by (Reliance) Jio and (Bharti) Airtel has not translated into a large growth differential over VIL (Vodafone Idea) and we think the industry would look to rein in capex," BNP Paribas analysts said in a recent report.
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Jio, Airtel, Vodafone Idea may go slow on capex from next fiscal
Jio, Airtel, Vodafone Idea may go slow on capex from next fiscal
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