Airtel\u2019s strong financial performance in the third quarter of the ongoing fiscal was driven by rebound in SIM consolidation and subscriber losses as well as flow through of recent tariff hikes, brokerage analysts said.<\/p>\n
Bharti\u2019s revenue growth at 21% was marginally ahead of Jio\u2019s revenue growth of 16% on-year, further strengthening its revenue market share by 50 bps in third quarter (and 190 bps over the last 4 quarters), analysis by Goldman Sachs showed.<\/p>\n
Average Revenue Per User (ARPU) growth of 5% was also higher than Jio\u2019s at 4% \u201cdriven by the residual flow through of tariff hikes, seasonality and organic drivers (like smartphone\/postpaid upgrades, roaming). Wireless net adds rebounded post SIM consolidation,\u201d JP Morgan said. <\/p>\n
Home services segment, which recorded highest ever quarterly additions, shall drive \u201crenewed optimism\u201d in Bharti even as Jio remains to be a strong competitor. Airtel enterprise segment, however, declined as the company looks to deleverage global bulk voice business.<\/p>\n
Bharti\u2019s home broadband earnings increased 3.6% on-quarter to Rs 750 crore with additions of 674,000 subscribers aided by FWA (fixed wireless access) rollout, \u201cbut this was significantly lower than Jio\u2019s strong FTTH addition of 1.9 million in 3QFY25,\u201d JM Financial said in a note on Friday.<\/p>\n
\u201cWe believe the FWA\/Broadband development is likely to drive renewed optimism in Bharti,\u201d New Street Research said. <\/p>\n
Capex intensity for India remained strong even as the telco completed bulk of its 5G rollouts. Capex for India increased marginally to Rs 6,960 crore, UBS said.<\/p>\n
Enterprise business revenue was flat \u201con account of continued slowdown in global business (on account of decline in demand for bandwidth, CPaas and other related services especially from global OTT players), while domestic business continues to see robust growth,\u201d JM Financial highlights.<\/p>\n
Airtel, on Thursday, had said that the company is in the middle of comprehensive re-tooling of the Airtel Business portfolio by stepping up investments in digital services across Cloud, Security and IoT while shedding very low margin commodity voice and wholesale business. <\/p>\n
Airtel’s stock 4.43% to Rs 1691.30 per piece in early trade on BSE Friday after the company reported six-fold growth in net profit, on account of one-time gains incurred due to consolidation of majority stake in Indus Towers.<\/p>\n","protected":false},"excerpt":{"rendered":"
Airtel\u2019s strong financial performance in the third quarter of the ongoing fiscal was driven by rebound in SIM consolidation and subscriber losses as well as flow through of recent tariff hikes, brokerage analysts said. Bharti\u2019s revenue growth at 21% was marginally ahead of Jio\u2019s revenue growth of 16% on-year, further strengthening its revenue market share by 50 bps in third quarter (and 190 bps over the last 4 quarters), analysis by Goldman Sachs showed. Average Revenue Per User (ARPU) growth of 5% was also higher than Jio\u2019s at 4% \u201cdriven by the residual flow through of tariff hikes, seasonality and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-903873","post","type-post","status-publish","format-standard","hentry","category-telecom"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/903873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=903873"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/903873\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=903873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=903873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=903873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}