Zero-IUC to drag Airtel, Vodafone Idea’s mobile revenues in Q4: Analysts

Kolkata: Reliance Jio, Bharti Airtel and Vodafone Idea (Vi) are likely to report sequential dips on the mobile revenue and average revenue per user (ARPU) fronts in the fiscal fourth quarter, with inflows from interconnect usage charges (IUC) disappearing from January 1, 2021, analysts said.

They, though, said this would partly be offset as Bharti Airtel and Reliance Jio are set to notch up decent customer additions in the March quarter with the former also likely to see a sustained growth in 2G-to-4G user conversions. Vi’s losses, though, are set to widen and it’s likely to continue losing customers, due to its inability to compete effectively with Airtel and Jio in the 4G space.