Reliance Jio impact: Telecom sector's earning margins set to collapse?
Rajan Mathews, Director General, Cellular Operators Associations of India (COAI), in an interview with dna, said, "It’s the beginning scenario where all the operators are still trying to determine what is the optimal price point. Now they will recaliberate. But the important point is that if prices come down then the volume should pick up. Telcos will say, we may lose margin but we will make it up in volume."
Mumbai: Mukesh Ambani, Chairman, Reliance Industries Ltd. with his wife Nita Ambani and son Akash Ambani arrives for the companys annual general meeting in Mumbai on Thursday. PTI Photo by Mitesh Bhuvad