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VI Last Option: Price Hike

Telecom rates have begun to rise after two years. Is it, however, sufficient to prevent the sector from becoming a virtual oligopoly? The Synopsis Reliance Communications unleashed a bombshell in the telecom market in 2015. They reduced rates, gave low-cost data plans, and completely changed the ecology. Thousands of people queued overnight to change their cellular provider. Jio, on the other hand, became a darling of the investment community. It's a strategy that many well-funded firms have employed in the past. To begin, entice buyers with low prices. Then, with your vast funds, knock out the competitors cold. You may then boost charges after you have the consumers locked in. And, if all goes well, consumers will be forced to accept the status quo because they will have no other option. Bharti Airtel and Viacom were among the private incumbents hit by Jio's blitzkrieg (formerly Vodafone Idea). Vi was on the verge of collapsing, while Airtel was on firmer foundation. Its stock...