Reliance Jio, Bharti Airtel see sharp hikes in SG&A costs on-year in Q2FY25: Analysts

Kolkata: India’s top two telcos, Reliance Jio and Bharti Airtel, have seen sharp on-year jumps in their respective selling, general & administrative (SG&A) costs in the fiscal second quarter, amid higher customer churn caused by SIM consolidation after the headline rate hikes of July.