Reliance Jio Faces Major Subscriber Decline After Tariff Hike

Jio, owned by Mukesh Ambani, has lost a whopping 10.9 million users after raising its tariffs, even though its 5G subscriber numbers are on the rise. The company thinks this drop is pretty normal and won’t hurt their profits, as they’re focused on beefing up their 5G network and services.

By Vishal Kumar

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