Reliance Jio’s overall revenue market share (RMS) rose from 19.8 per cent in the fourth quarter (Q4) of 2017-18 (FY18) to 26.1 per cent in Q2FY19, mostly at the expense of incumbent operators.
Although no direct link can be established between the two, the period of significant growth at Jio followed telecom regulator Trai's rule on predatory pricing issued in February, incumbent telcos argued.
This increase was only in three quarters, and it happened because of an order by the Telecom Regulatory Authority of India, which tweaked the definition of significant market player (SMP) for predatory pricing, sources at