Airtel outpaces Jio in FY3Q on rebound in user loss, SIM consolidation, rate hikes: Analysts

Airtel’s strong financial performance in Q3 of the fiscal year was fueled by SIM consolidation, reduced subscriber losses, and tariff hikes. The company’s revenue growth exceeded that of Jio, bolstering market share. The home services segment saw record additions, boosting optimism, while enterprise revenue remained flat. Airtel’s stock rose following a significant increase in net profit.

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