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Facebook-Jio deal signals turnaround for telecom, but fewer tariff hikes seen: Jefferies

Updated : April 22, 2020 08:34 AM IST

Reliance Jio's tariffs are already at a 7-20 percent discount to those of peers
Aggression suits a new entrant and not a market leader. If Jio cuts tariffs, it hurts itself the most, says Jefferies
Facebook-Jio deal signals turnaround for telecom, but fewer tariff hikes seen: Jefferies

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