Jio subs losses, high costs weigh over FYQ2, but FWA, broadband usage supports: Analysts

Kolkata: Reliance Jio’s higher-than-expected nearly 11 million customer losses despite unchanged tariffs for the featurephone users was “a key negative” in the telco’s Q2FY25 results, which stifled earnings before interest, tax, depreciation & amortisation (Ebitda) growth, while higher costs weighed on margins, said analysts.