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Telecom study published by India's competition regulator warns of untenable pricing pressure

( January 25, 2021, 01:08 GMT | Official Statement) -- MLex Summary: India offers the cheapest data compared to any country in the world, yet telecom operators are faced with some of the highest costs, the Competition Commission of India said in a newly published market study on the telecom sector. The regulator warned that the sector had been in the throes of an aggressive price war since Reliance Jio entered the market in 2016, when the cost of data dropped by about 85 percent, and said that the current financial strain was untenable. Among them, Jio, Airtel and Vodafone-Idea control almost 88.4 percent of the market. The study is attached. ...

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