Jio Plans Overseas Expansion, Delays Tariff Hikes
Jio Platforms, after its stock market debut, aims to grow revenue by expanding digital services and entering overseas markets rather than relying on mobile tariff hikes. Managing director Akash Ambani said tariff increases will be timed based on market and economic conditions. This marks a shift as telecom operators have not raised tariffs for over 2.5 years despite analyst expectations of a 15% hike this fiscal year.
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