NEWLY MERGE TELECOM VODAFONE AND IDEA BEAT JIO IN TERMS OF REVENUE

Reliance come under the top in the telecom industry but recently it was beaten by the two newly merge telecom in revenue.
NEWLY MERGE TELECOM VODAFONE AND IDEA BEAT JIO IN TERMS OF REVENUE

It has become shocking for the Jio when the telecom was beaten by the Vodafone-Idea in terms of revenue.

From the report, the newly merged telecom Vodafone-idea will shut down 2000 branded stores, and remove 16,000 distributors for their supply chain.

Vodafone and idea have beaten Jio in terms of revenue. Only if we add the total adjusted gross revenue (AGR) of access service license and the national long distance license.

However, if we consider AGR, then Jio is still on number 1st in the country, Vodafone at 2nd and Airtel at 3rd.

It was the month of January when Jio top the chart but till 2016, Airtel used to top on both license but when Jio came in the picture the ranking has turned upside down.

As part of the cost-cutting drive, Vodafone-Idea has decided to reduce their offline supply market drastically in the coming months.

 This is the one of the largest reduction by any telecom industry in a recent month.

At the time of the merger, the telecom industry had a great change in all the dept. 

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