BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
The telecom industry grew 2% QoQ (adjusted gross revenue including national long distance) in Q2 FY23, largely backed by average revenue per user growth, with flattish subscriber growth. This indicates:
consolidation of dual SIM cards in the market, and
upgrade to 4G services from 2G.
Bharti Airtel Ltd./Reliance Jio clocked a better growth at 4%/3% QoQ, while the same for Vodafone Idea Ltd. stays flat.
In terms of AGR market share, Airtel/ Jio gained 70 basis points/40 bps QoQ to 36%/41%, while the same for Vodafone Idea fell 25 bps QoQ to 17%.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
Top Indian Fund Bullish on Telecom Stocks Amid Fare Hike Bet
Apr 30, 2024
Citi Buys Vodafone Idea Shares For Rs 611 Crore After ATC Telecom Exits
Apr 26, 2024
Bharti-Airtel Awarded For Best Voice Experience On 5G network
Apr 26, 2024
GQG Likely A Buyer In Friday's Vodafone Idea Block Trade — NDTV Profit Exclusive
Apr 26, 2024
POPULAR