JIO's decision to reverse tariff strategy after discount rationalization in Oct'17 to have a negative impact on incumbents. JIO's pricing discipline is key for industry revenue rebound. Accelerated consolidation is positive but its benefits would not be visible without pricing discipline. EBITDA is cut by 3%/4%/6% for FY18/19/20E while the same is restricted by upgrade in Africa assumptions. Retain ACCUMULATE with a revised SOTP...