Jio Struggling with ARPU Growth for Multiple Quarters Now
Reliance Jio is struggling to grow its average revenue per user (ARPU) per month the way Airtel is growing it. Jio's ARPU for Q3 FY23 was Rs 178.2, and in the previous quarter (Q2 FY23), it was Rs 177.2. In Q1 FY23, Jio's ARPU was Rs 175.7. This is a very slow growth of ARPU despite the tariff hikes in 2021. It looks like the effect of the tariff hikes... Read More