INSUBCONTINENT EXCLUSIVE:
in the three months ended March, driven by minimum recharge plans and as more users opted for higher-priced voice and data packs, analysts
Vodafone Idea, Bharti Airtel, Reliance Jio Infocomm, price war, minimum recharge planssaid.
Reliance Jio Infocomm, which disrupted the
sector when it started in September 2016, though, is likely to continue to outclass both its rivals, posting strong net profit and revenue
growth, propelled by heavy customer addition
free voice calls and dirt-cheap data had forced operators to match tariffs to protect their user base, which hurt their revenue and earnings
Both telcos introduced their minimum recharge plans in October, aiming to weed out non-revenue generating customers and boost ARPU.
BNP
expects Airtel and VIL to have each added 9-10 million mobile broadband users in the quarter
said Mukesh Ambani-led Jio will likely report its sixth successive quarterly profit as Airtel and VIL continue to make losses for their
86-crore net profit in the fiscal third quarter, helped by one-time gains
Consolidated revenue is expected to be in the range of Rs 20,506-20,930 crore
