Local, smaller ISPs struggle as Jio, Airtel intensify broadband push
Out of 2,000 internet service provider (ISP) licensees, 1,300 are active, and the past six months have seen multiple new licences being issued and cancelled amidst a slow consolidation, as shrinking margins make it difficult for smaller players to sustain. Even larger ISPs are burning cash, as they require costly over-the-top (OTT) tie-ups to compete with Jio and Airtel.