Authors:

Bhavik Barot, Gurudutta Japee

Abstract:

India stands second-largest telecommunications market in the world. As of January 2021, the total subscriber base in the country was at 1,183.49 million, while Gross revenue of the telecom sector stood at US$ 9.35 billion in the third quarter of financial year 2021. Since last five years there are lot of problems and issues faced by small companies who were brutally crushed by telecom leader. The paper is an attempt to study financial performance of major telecom companies of India after entry of Reliance JIO.    

Keywords:

Profitability, Liquidity, Solvency, Vodafone, Airtel

Vol & Issue:

VOL.13, ISSUE No.2, June 2021