Telecom companies gain on tariff hike; ARPUs to rise in fourth quarter

Telecommunication (telecom) companies are expected to see strong quarter-on-quarter (QoQ) growth in average revenue per user (ARPU) in the fourth quarter (Q4) of 2021-22 on the back of recent hike in prepaid plans. While subscriber additions will be modest, telecom companies will see overall growth in their revenue, according to Q4 earnings estimates.

According to brokerages, Bharti Airtel could report 8-13.5 per cent QoQ rise in its ARPU to Rs 176-185.

Vodafone Idea’s ARPU could go up by 7-12 per cent to Rs 123-129 on a QoQ basis.

Reliance Jio’s ARPU is estimated to rise by 8-12.5 per cent to Rs 164-171.

According to