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Reliance Jio noticed improved profitability with 20 % tariff hike and higher subscriber combine as a consequence of chip consolidation. Average income per consumer (ARPU) noticed a wholesome rise of 10.6 % to Rs 167.6, which beat avenue estimates. Subscriber base although continued to shrink by 10.8 million within the fourth quarter..


Reliance Jio profitability improves on tariff hike, but user base shrinks further




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