3 weeks ago

Airtel widens value lead over Jio with premiumisation push

Airtel widens value lead over Jio with premiumisation push
Airtel widens value lead over Jio with premiumisation push · financialexpress.com

Two big phone companies in India are Airtel and Jio.

They compete to win customers and make money.

Recently, we learned how they did over the last three months.

Airtel earns more money from each customer than Jio does.

Airtel earns about 264 rupees per customer each month, while Jio earns about 215 rupees.

Airtel's earnings per customer grew faster than Jio's.

However, Jio still added more new customers than Airtel.

Jio also has more total customers overall.

Airtel has a special offer called Fastlane that helps people switch to better plans.

Because of this, Airtel's profit went up, while Jio's profit went down a little.

Both companies are working hard to keep their customers happy.

Key facts

Airtel Arpu
Rs 264, up 2.7% sequentially
Jio Arpu
Rs 215.6, up 0.7% sequentially
Airtel subscriber base
376.5 million after adding 3.3 million
Jio subscriber base
533.3 million after adding 8.9 million
Airtel net profit
Rs 7,014.4 crore, up 16.5% sequentially
Jio net profit
Rs 7,764 crore, down 2.2% sequentially
Airtel EBITDA
Rs 24,781 crore, up 3.4% sequentially
Jio EBITDA
Rs 20,865 crore, up 4% sequentially

Sources

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