Jio ARPU likely to fall for seventh consecutive quarter: Infographic
Reliance Jio Infocomm’s average revenue per user (ARPU), a key performance metric, is likely to continue falling for the seventh successive quarter
Reliance Jio Infocomm’s average revenue per user (ARPU), a key performance metric, is likely to continue falling for the seventh successive quarter as the Mukesh Ambani-led telco is still largely adding low-value customers, analysts said. But brokerages expect Jio to report its eighth successive quarterly profit in the July-September period, propelled by sustained, strong customer growth, and also benefit from the recent cut in corporate tax. Bharti Airtel and Vodafone Idea, by contrast, are likely to continue posting losses. Jio kicks off the earnings season for the fiscal second quarter, reporting on October 18. Airtel reports on October 29, while Voda Idea reports next month, though it’s yet to finalise the date.
Original story: https://telecom.economictimes.indiatimes.com/news/jio-arpu-likely-to-fall-for-seventh-consecutive-quarter-infographic/71642406