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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The telecom giant showed strong revenue growth on the back of increased mobile tariffs and smartphone customer addition.
Bharti Airtel on Thursday announced its results for the quarter ended 31 December 2024. The telecom giant reported a consolidated net profit of Rs 16,135 crore, a 461% jump from the year-ago period. However, a lot of that can be attributed to the consolidation of its stake in Indus Towers. Reported net income before the exceptional item and taxes is Rs 9,346 crore, which is a 120% year-on-year increase.
Revenue during the quarter under review stood at Rs 45,599 crore, a 19% year-on-year increase. Its earnings before interest, tax, depreciation and amortisation came in at Rs 29,056 crore, a 29% …
Instead of going after scale like Jio, the Sunil Bharti Mittal-led telecom giant is chasing a smaller but higher-quality customer base to grow its home broadband segment. Will the bet pay off?
Mukesh Ambani wants investors to price Reliance Industries’ IPO-bound telecom arm like a technology business. In reality, Jio’s tech ambitions remain a work in progress.
FY26 numbers show that Airtel is stealing a march on its larger rival on most counts and is unrelenting in its ambition, casting a cloud on Jio’s valuation.
