Jio, Airtel likely to raise prices post 2024 Lok Sabha elections: Everything we know so far

livemint.com:

₹208 to ₹286 by the end of FY 27. The brokerage expects Bharti Airtel's revenue to grow at twice the industry average in the next three years owing to hike in tarrifs, 2G upgradation, growth of enterprise and Fibre to Home network and fall in capital expenditure after 5G rollout.

Bharti Airtel's capital expenditure is expected to be at ₹75,000 crore during the FY 24-26 period and the analysts predict there will be a ‘stark’ reduction in capex post the 5G rollout which could lead to positive shift in the telecom sector. "While challenges do exist as Bharti has chosen a different 5G rollout path versus key competitors, we believe it is unlikely to dent Bharti's subscriber base or growth significantly.

We also believe valuations do not reflect the emerging highly positive macro telecom sector environment," Antique Stock Broking noted in the report. The report also reveals that The report also highlights the ongoing market share dynamics within the telecom sector.

Over the past 5.5 years, Bharti Airtel and Reliance Jio have steadily gained market share at the expense of Vodafone Idea and BSNL. While Vodafone Idea's market share has nearly halved since September 2018, Jio has emerged as the largest gainer, solidifying its dominance in the market.