Jio and friends are (were?) subsidizing connectivity and trying to drive growth to make it up later/elsewhere like payments and services.
Service providers come to the opposite problem. Local infra sucks, the market is full of incumbents, and india is generally protective of those markets.
Service providers come to the opposite problem. Local infra sucks, the market is full of incumbents, and india is generally protective of those markets.
Very similar dynamics with china as well.