/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Instead of going after scale like Jio, the Sunil Bharti Mittal-led telecom giant is chasing a smaller but higher-quality customer base to grow its home broadband segment. Will the bet pay off?
Bharti Airtel kicked off FY27 with an impressive first quarter. Results released last week show net profit grew in double digits sequentially, while revenue jumped 5%. The highlight was a sharp increase in average revenue per user, the single-most important metric when investors analyse a telecom company. What’s more, nearly every single business showed signs of strength. Except one.
In the June quarter, Airtel added just 470,000 customers in the homes segment—residential internet and entertainment services. That’s a 58% fall sequentially, Airtel’s sharpest slowdown in the last eight quarters. It’s also a steep decline from an average of 1 million …
While the Rs 9,000 crore promoter investment in Q1 brings a measure of reassurance, investors will still have to wait for Jio and retail to work through their challenges.
Reliance Consumer Products is relying on aggressive pricing in the hope that its staples brand will become a household name. But such tactics can go only so far.
