As recently as a month ago, the future of two of India’s three remaining private telecom players—Vodafone Idea Limited (VIL) and Bharti Airtel—was in doubt. Slapped with retrospective payments of Rs 53,000 crore (~$7.3 billion) and Rs 35,500 crore (~$4.8 billion), respectively, by the Supreme Court—in line with a broader definition of what constituted taxable revenues—VIL and Airtel were living on borrowed time. The only winner in all of this was Reliance Jio, which is owned by the richest man in Asia, Mukesh Ambani.

Unlike its competitors, Jio was hit with a much smaller payment.


Pratap Vikram Singh

Pratap is based out of Delhi and covers policy and myriad intersections with the other sectors, most notably technology. He has worked with Governance Now for seven years, reporting on technology, telecom policy, and the social sector.

View Full Profile

Sign up to our India edition to read this story instantly

To sign up, you’ll create an account that will give you access to a new free story published once a week and archive of 214+ previously published free stories from our India edition. You’ll also receive one email every morning from us introducing the day’s story.

If you’ve already signed up, just enter your email below or login using Facebook or Google.