The following table shows the market share of wireless service providers in India in terms of wireless
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Question:
The following table shows the market share of wireless service providers in India in terms of wireless subscribers as of September 2020. Based on this information, answer the following questions -
Company | Market Share |
Reliance Jio | 34.75% |
Bharti Airtel | 28.33% |
Vodafone India | 25.33% |
BSNL | 10.84% |
MTNL | 0.54% |
Tata Teleservices | 0.15% |
Reliance Communications | 0.04% |
Quadrant | 0.02% |
A. Find the Herfindahl Hirschman Index (HHI) in this market
B. Based on your finding in (A), comment on the market structure of India’s of wireless service sector.
C. What are some of the characteristics of this type of market?
Related Book For
Corporate Financial Accounting
ISBN: 978-1305653535
14th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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