Reliance Jio, Bharti Airtel, Vodafone Idea get huge discounts on gear as vendors target growth markets

Mumbai: Indian telecom operators like a good bargain. Reliance Jio, Bharti Airtel and Vodafone Idea (Vi) have signed contracts worth billions of dollars to source network equipment from vendors like Finland’s Nokia and Sweden’s Ericsson at prices that are 30-40% cheaper compared with global deals.