He, however, said there was a sharp erosion in the competitive landscape now and that some overseas operators have left the country.
"Over the last year, operator after the operator has seen value erosion and large losses. I call this creative destruction of a sector, normally passed off as a disruptive factor," Ambani added.
"Telecom sector is moving towards a monopoly, oligopoly: Is that what the customers want? As far as RCOM is concerned, we have a transformation programme in place and running."
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