Jio Live Free Data Offer - ₹150 वाला ₹300 में | All Plans Shutdown ! Jio May Data Pack
460Jio Live Free Data Offer - ₹150 वाला ₹300 में | All Plans Shutdown ! Jio May Data Pack
#JioDataPack #Airtel #Plans #PlanHike #FreeData
Bharti Airtel stock was up 11 per cent in trade on Tuesday and in the process hit record highs after it surprised the Street with a better-than-expected performance in the March quarter.
Comments from Bharti Airtel’s management have raised expectations for an increase in tariff rates in the near term. Gopal Vittal, MD and CEO, India and South Asia, Bharti Airtel, in a post-results call indicated tariffs are unsustainably low and highlighted that the average revenue per user (ARPU) in the March quarter for Bharti Airtel at Rs 154 is inadequate. He expected the ARPU to rise to Rs 200 and above.
Analysts believe a further increase in tariffs may be effected given the investments towards capital expenditure (capex) and leverage concerns for both Bharti Airtel and Reliance Jio. Bharti’s capex in the March quarter, for example, more than doubled on a sequential basis to over Rs 11,000 crore and accounted for 46 per cent of the total capex in FY20. The Net debt increased in the quarter and stood at Rs 1.18 trillion, with net debt to operating profit at around 3 times.
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