Shiny headlines mask Jio’s dull performance

Reliance’s telecom business has demonstrated impressive growth in Q1. Yet, fundamental slippages are holding back profitability, even as Airtel continues to keep its lead. Expect more headwinds, not a bumper IPO.

20 July, 20258 min
0
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
Shiny headlines mask Jio’s dull performance

You may also like

Business
Story image

Sunil Mittal wants to create another Bajaj Finance. Can he?

Bharti Airtel’s ambitious plan for Airtel Money is a result of excess cash. The NBFC’s success will depend on how the parent battles the formidable rivals and India’s data privacy regulations.

Internet
Story image

Can the UAE stay ahead in the AI data centre race?

From India to Europe, governments are piling in to build centres to support (and profit from) the AI boom. What does the UAE have that others don't?

Business
Story image

Reliance’s growth engines may be losing steam

Telecom and retail, which account for half the conglomerate’s revenue and most of its valuation, aren’t accelerating fast enough to justify their price tags.