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Company updateMint

Airtel subscriber additions plunge as Jio gains despite ARPU growth

Negative-3

GreyOak summary

Bharti Airtel's India mobile services business reported 4% sequential Ebitda growth to ₹18,874 crore in Q2FY27. This growth was driven by a 2.7% quarter-on-quarter increase in mobile average revenue per user (ARPU) to ₹271.

What it affects

  • Subscriber additions plunged while Jio gained market share.Rolling sentiment Positive +47

Source

Read the original at Mint

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