Jio's pricing will continue to bleed industry: Cellular body
Cellular operators' body COAI said Reliance Jio's new pricing would continue to bleed the industry and there's risk of it impacting others that have exposure to the telecom sector. COAI said while market's move towards lower pricing is good for consumers, the question is whether such pricing conforms to tariff regulations. Notably, Jio started charging for services from April 1.