Bharti Airtel scores massive market share gains against Reliance Jio in Q4
It’s likely that tariff hikes may be reflected in Jio’s results with a lag, and it may plough back some of the market share losses witnessed in Q4.The strong Arpu expansion and gains in better in better yielding 4G subscribers is leading to earnings upgrades
When Reliance Jio Infocomm Ltd reported results late last month, the massive tariff hikes taken by telcos in December was almost invisible. One concern that rose among investors was whether segmented offers were offsetting some of the gains from tariff hikes.
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