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India has a huge population with only 12 telecom companies catering to its telecom sector. However, there has been a drastic decline from those 12 players to merely 4 players now, i.e. Vodafone India (Vodafone), Bharti Airtel (Airtel), Bharat Sanchar Nigam Limited (BSNL), and Reliance Jio (Jio). Gradually the Indian telecom sector is on the verge of becoming a duopoly, with only Jio and Airtel as the big players, which creates a threat to a healthy competitive market.
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about 3 years ago