Jio set to outshine Airtel, VIL in Q2 earnings forecast

By comparison, the country’s new telecom market leader Vodafone Idea and No. 2 carrier Bharti Airtel are likely to be stung by a mix of factors, including mounting costs, rupee depreciation.

By ET Bureau | Updated: Oct 17, 2018, 10.51 AM IST

Reliance Jio Infocomm is set to once more outshine older rivals Vodafone Idea (VIL) and Bharti Airtel in the fi scal second quarter to September, propelled by strong customer adds and healthy uptake of its 4G feature phones.

By comparison, the country’s new telecom market leader Vodafone Idea and No. 2 carrier Bharti Airtel are likely to be stung by a mix of factors, including mounting costs, rupee depreciation and customer losses, after the reduction in the price of JioPhones. Jio reports Q2 results on October 17, Airtel on October 25. VIL is likely to report its numbers post Diwali.

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