Slowdown in Jio’s active subscriber adds vs Airtel could lead to delays in tariff hike: Analysts

NEW DELHI: A sharp decline in Reliance Jio’s active subscriber additions in November 2022 compared to rival Bharti Airtel’s active user additions could lead to delays in tariff hikes, according to analysts.

“A continued underperformance in Jio’s subscriber additions vs. Bharti as seen in Nov-22, could lead to delays in tariff hikes,” said analysts at Jefferies in a report.