Airtel, Jio may see 2 per cent rise in Q1 revenue; Arpu to be flat
Bharti Airtel and Reliance Jio are expected to see a sequential growth of around 2% in revenue in the April-June quarter. The growth, which will be similar to the preceding quarter, will be led by an increase in data consumption, new subscriber additions and postpaid adoption, according to analysts.
However, analyst estimates suggest Vodafone Idea will continue to witness a decline in revenue for the third straight quarter. The telecom operator could see a 0.5% sequential fall in revenue to `10,550 crore, owing to subscriber loss and the absence of network expansion.