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India's telecom price war threatens to hold up 5G investments

Reliance Jio's entry has plunged data prices to just 5% of previous level

Reliance Jio's arrival triggered a price war in India's wireless market.   © Reuters

MUMBAI -- The war of attrition brought by billionaire Mukesh Ambani's Reliance Industries to the Indian telecommunications market looks set to reach a new intensity, threatening rivals' ability to fund investments in 5G networks and other infrastructure.

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