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Reliance Jio saw improved profitability with 20 percent tariff hike and better subscriber mix due to chip consolidation. Average revenue per user (ARPU) saw a healthy rise of 10.6 percent to Rs 167.6, which beat street estimates. Subscriber base though continued to shrink by 10.8 million in the fourth quarter ..


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




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