Business

Airtel beats Vodafone Idea to become India’s No 2 telco

Airtel beats Vodafone Idea to become India's No 2 telco

TIL Desk/Business/Mumbai/ Focus on data subscribers and weeding out low revenue customers have helped Bharti Airtel, while its peer Vodafone Idea could not implement the strategy. However, network and content costs are on the rise for Bharti as it witnesses a steady rise in mobile data customers. Further, Airtel’s reported mobile revenues for the April-June quarter (Q1) was Rs 10,866 crore.

This makes it the number 2 player after Reliance Jio in terms of mobile services revenues, analysts claimed. Vodafone Idea, which does not share the break-up of revenues, reported an overall revenue figure of Rs 11,269 crore for Q1.

A Mumbai-based analyst noted that Vodafone Idea draws over Rs 600 crore from enterprise customers as well as broadband (or fixed services). Adjusting for it, the mobile service revenues for Vodafone Idea would be Rs 10,669 crore, making it the third-largest telecom firm by mobile revenue after Jio’s figure of Rs 11,679 crore.

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