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Avoid telcos; pricing war to exert pressure on Q4 earnings: IIFL

Expectations of EBITDA breakeven for Reliance Jio in the first quarter of FY18 is farfetched, says Bhavesh Gandhi of IIFL Wealth, adding that for the sector it is more a game of increasing customer base or customer market share.

first published: Feb 22, 2017 11:16 am

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