Reliance Jio, Airtel likely increase combined revenue market share to 80%: Fitch

Rating agency Fitch estimates operating incomes of the telecom industry to increase by 40% in this fiscal end (FY20-21) compared to 25% in the previous one, backed by strong performance of Reliance Jio Infocomm (Jio) and Bharti Airtel, both of whom will continue to increase market share at the cost of Vodafone Idea (Vi).

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Rating agency Fitch estimates operating incomes of the telecom industry to increase by 40% in this fiscal end (FY20-21) compared to 25% in the previous one, backed by strong performance of Reliance Jio Infocomm (Jio) and Bharti Airtel, both of whom will continue to increase market share at the cost of Vodafone Idea (Vi).