In two days, apisor we discuss if the tariff hike is a lifeline for wodophone. In 20 15, reliance dropped a bomb shell on the telecom industry. They slashed tariffs, offered cheap data plants and appended the ecosystem. Altogether, millions thronged to switch their telecom partner overnight. On the receiving end of gos creg were private incumbents, barthy etel and wodophone. Idea's share price plummeted by over nine %, and it turned into a penny stock.
After 2 years, telecom tariffs have started to inch up. But is it enough to prevent the industry from becoming a virtual duopoly?
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