Telecom Sector Q4FY23 Preview: Absence of tariff hike to hit Airtel, Jio revenues; provisions to dent Indus Towers profit
“We expect modest subscriber additions for Bharti and steady additions for Jio. Indus Towers’ revenue growth will remain muted, and provisions may impact its PAT. Focus would be on tariff hikes, 5G rollouts/uptake and market share shifts,” it said in its sector preview report.
