Tough Times Ahead for Bharti Airtel in India; Analysts Anticipate Higher-Than-Expected Decline in APRU
Bharti Airtel, India’s leading telecom operator’s average revenue per user or ARPU is anticipated to see a higher-than-expected decline in the next 9 to 12 months, according to industry analysis reports. They said that Reliance Jio is expected to continue with its disruptive pricing of services, which may lead to fall in Airtel’s ARPU in the country. An ET report said that brokerage and analysts had cut Airtel’s consolidated revenue... Read More