A weak subscriber growth, absence of tariff hikes, and slowdown in switch from 2G to 4G are expected to lower the revenue growth of the telecom companies in the October-December quarter, analysts said. According to them, a weak growth in subscribers addition during the quarter can be attributed to higher smartphone prices, down-trading by consumers, and SIM Card consolidation owing to inflationary pressures.
In the October-December quarter, the telecom operators are expected to report a 1% q-o-q growth in the revenue, according to industry estimates, which is lower than 3.6% growth in the July-September quarter. With regards to the bottomline, while Vodafone Idea will likely see an expansion in losses at `7,500 crore, Airtel is expected to see a 49% q-o-q increase in net profit at `3,195 crore, and Jio Platform’s net profit is expected to increase 0.5% to `4,800 crore, according…
