BofA Securities said if VIL, with over 300 million users, is pushed to bankruptcy, and India becomes a two-player telecom market. But Airtel and Jio, it said, would be “big beneficiaries” in terms of market share gains, though adding that Jio doesn’t face any material (AGR) payment risks (unlike Airtel), thus, is better positioned in the long run.from Industry-Economic Times
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