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Jio Bharat may hurt Airtel, Vodafone Idea Ebitda: Analysts

Jio Bharat may hurt Airtel, Vodafone Idea Ebitda: Analysts
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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jio: Jio Bharat may hurt Airtel, Voda Idea EBITDA: Analysts

Reliance Jio s aggressive move into the feature phone market with its Jio Bharat offering is expected to negatively impact the EBITDA of both Bharti Airtel and Vodafone Idea by double digits. Analysts believe that Jio has the potential to grab 40% of the 2G subscribers from its competitors. With Airtel and Vi increasing tariffs in the entry level segment, the timing of Jio s competitively priced plan is opportune for gaining market share.

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Jio s new phone and its fresh battle with Airtel, Vodafone Idea | Explained News,The Indian Express

Jio s new phone and its fresh battle with Airtel, Vodafone Idea | Explained News,The Indian Express
indianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indianexpress.com Daily Mail and Mail on Sunday newspapers.

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Jio Bharat may hurt Airtel, Vodafone Idea Ebitda: Analysts, Telecom News, ET Telecom

Reliance Jio: “Jio already had become aggressive at the premium end of subs in Mar’23 through aggressive postpaid plan launch and the 3 July event showcases its aggressiveness towards the lower end of the subs spectrum as well,” analysts from JP Morgan said.

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Stocks to watch: Bajaj Finance, IDFC, DMart, RIL, IndusInd Bank, Vedanta, M&M Financial

IDFC First Bank Ltd and IDFC Limited have received board approvals for the proposed merger. This comes days after HDFC merged with HDFC Bank in a $40-billion deal, the largest in India's corporate history.

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