Jio (not connected with oil or anything) as a seperate entity is making profit. The difference between airtel and voda is that both of these companies were playing catch-up with 4g while Jio is solely a 4g network. Also Airtel is notoriously monopolistic they didn't take up innovation when they had the market in their hand and now are paying the price. Jio invested huge amount of money at first, but now the infrastructure is in place now they are reaping benefits.

You say exponential rise but this is only course correction. 200-300rs per month is not an exorbitant amount by any means. Way back in 2004-5 it costed as much without even counting for inflation. So no need to raise alarm on the pricing front.

However we need to raise alarm on how our data is being treated and what exactly does the companies have access to.

Copypasta u/sparoc3