Bracing for Jio

These are tough days for telecom operators. Plenty of bad press with the call-drop issue now threatens to invite financial penalties. This comes right before the launch of Reliance Jio, an operator believed to be capable of changing the game. Business in the meantime is doing well for telecom players. The industry reported the third highest gains in EBITDA (TTM) after the auto and the pharma sectors. Here are two very different companies from the telecom sector that have reported the highest EBITDA gains this year. Idea Cellular Counting on data Idea is the country's third largest wireless operator, with a revenue market share of around 17 per cent. It has services in all 22 telecom circles in the country. In the last 12 months, Idea reported EBITDA growth of 31 per cent (TTM) - much higher than industry leader and giant Bharti Airt