Telecom incumbents showed green shoots in Q4FY19, ET Prime had reported earlier. This trend is visible in the first quarter earnings of FY20 as well – only Airtel appears to be on a stronger footing than Vodafone Idea. Airtel showed an uptick in revenues and ARPUs even as subscriber base slipped, suggesting increased focus on high-value customers. Vodafone Idea reported higher ARPUs but lower revenues, putting it on shaky ground. Both companies
Business News›Prime›Telecom + OTT›Mixed verdict for incumbents in Q1 results: Airtel appears stable. Vodafone Idea on shaky ground.
Financials
Mixed verdict for incumbents in Q1 results: Airtel appears stable. Vodafone Idea on shaky ground.
Synopsis
The quarterly results indicate that incumbents are witnessing some recovery in key metrics, but sustaining it will be key. Industry-wide focus on tariff correction will drive growth.
Refer & Earn
ET
Uh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.
Get Unlimited Access to The Economic Times
