Airtel may outshine Jio in FYQ2, Vi to lag rivals: Analysts

Kolkata: Bharti Airtel is likely to steal a march over rival Reliance Jio by reporting stronger sequential growth in mobile revenue and average revenue per user (ARPU) in the fiscal second quarter, helped by a robust India wireless business show on the back of tariff hikes for some users taken late-July, analysts said.

Jefferies estimates Airtel’s India mobile revenues “to grow 7.1% sequentially compared to Jio’s 4.7% in the July-September period,” and its ARPU to also jump “7.3% on-quarter to Rs 157,” while Jio is slated to report muted growth – 1.3% – to Rs 140 on this metric.