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India’s Tata and Bharti explore mega-deal but Reliance RJio falters

Reliance Jio had a troubled start to its life as India’s newest mobile operator, with repeated delays to its LTE-only service introduction and legal challenges to its free data launch offers. However, once it did turn on its services, it had a dramatic impact on an already overcrowded market, setting in train a series of mergers and acquisitions, and price cutting by the other major 4G providers. However, RJio’s own challenges are not yet behind it. Having gone live in some regions in September, the company – part of the huge Reliance Industries (RIL) group – gained market share of 9.5% by April, according to regulator TRAI, even though it had missed its own hugely ambitious target of signing up…

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