Jio Arpu may cross Rs 200 in Q3

Reliance Jio’s average revenue per user (Arpu) is expected to cross the Rs 200 mark for the first time during the October-December quarter, on the back of industry-wide tariff hikes and accelerated adoption of fixed wireless access (FWA) services.

Analysts expect Jio’s Arpu to range between Rs 203 and Rs 206, representing a sequential growth of 4%-6%.