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Jio subscriber losses, high costs weigh on Q2 numbers

By Economic Times - 2 days ago
Reliance Jio lost nearly 11 million customers in Q2FY25 due to tariff hikes and SIM consolidation, leading to lower-than-expected Ebitda. However, strong uptake of its 5G-based home broadband services boosted ARPU, with analysts predicting significant growth in this segment.

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