Telcos’ 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

Telcos’ Q2 earnings forecast
Text by-Kalyan Parbat

Reliance Jio Infocomm is set to once more outshine older rivals Vodafone Idea (VIL) and Bharti Airtel in the
fiscal 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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