Bharti Airtel seeks clarity on converting AGR dues into equity for a level playing field. Plans to expand home broadband and data centers despite reduced mobile network investments. Reports revenue growth.
"Smartphone penetration and growing data usage have been the largest contributors to accelerating revenue growth for telecom companies even though subscriber addition has been relatively modest," said Balaji Subramanian, vice president at equity research firm IIFL Securities.
During Vodafone Idea (VIL) earning call for the second quarter ended September 30, 2024, the company's CEO Akshaya Moondra said that the loss of subscribers to BSNL due to the recent tariff hike is quickly reversing because of the state-run telecom firm's "network experience".
