Reliance: All Jio s customers are 4G network ones and the new feature phone launch, much like the JioPhone in 2016, is seen as a strategy to tap into basic phone users yet to upgrade to 4G, analysts said. While the launch of the JioPhone did have an impact on Airtel back then, the market has since shifted and now the 2G users are fewer, explained Vittal.
“Bharti Airtel today announced that Airtel Business, its B2B division, has achieved yet another industry milestone by becoming the first ICT service provider in the country to connect over 20 million devices through its IoT solutions,” Airtel said in a statement.
The company will consequently operate as three business and channel segments – Global Business that will be led by Vani Venkatesh, Domestic Business that will be led by Ganesh Lakshminarayanan, and Nxtra Data Centers led by Ashish Arora.
Bharti Airtel's consolidated revenue from operations grew by 14.31 per cent to Rs 36,009 crore during the reported quarter from Rs 31,500.3 crore in the March 2022 quarter.