InterneTelecom
However, analysts suggest that while BSNL and MTNL may continue to capture some market share due to their lower tariffs, they are unlikely to significantly challenge the dominance of Jio and Airtel in the long term.
Bharti Airtel Tuesday reported that its consolidated net profit for the fiscal second quarter surged 168% from the year earlier as tariff hikes lifted average revenue per user (ARPU) but also led to subscriber losses.
New Delhi: The Department of Telecommunications (DoT) has prepared a draft cabinet note seeking to waive the requirement of providing bank guarantees (BGs) for securitisation of deferred spectrum instalments, subject to some conditions, officials said.
At Reliance Industries Limited's 47th Annual General Meeting (AGM), the company unveiled JioBrain, a comprehensive suite of tools and platforms designed to span the entire artificial intelligence (AI) lifecycle.
Mittal also discussed the potential of Satcom services, which will enable connectivity in even the most challenging environments, ensuring that every corner of the country can access fast internet using various formats, including voice and video.
Airtel's ARPU is estimated to jump 9.2% sequentially to ₹230 in the second quarter while both Jio and Vi are likely to report 6% on-quarter uptick on this key performance metric to 193 and ₹155, respectively, ICICI Securities said.
The TRAI data showed both Jio and Airtel reported RMS gains in the April-June period, on the back of strong revenue growth in both urban and rural markets despite the absence of a tariff hike in the June quarter.
"Jio has brought a very lucrative proposition for an average phone user in India who struggles to upgrade memory because of paid storage," said Neil Shah, founding partner of technology consulting firm Counterpoint Research.
“The plans today are simplified, straightforward and easy-to-understand with an all-inclusive bundled voice, data, and SMS packages, preferred by elderly consumers,” Airtel wrote in its submission to an industry consultation paper published by the Telecom Regulatory Authority of India (Trai).