Reliance Jio, Bharti Airtel, and Vodafone Idea (Vi) have confirmed their participation in the upcoming spectrum auction in India, with a total reserve price of Rs 96,317 crore ($13.2 billion).
Fitch Ratings predicts that the 5G capex investments of Reliance Jio and Bharti Airtel will taper to 35% of revenue in FY24. While the sector’s average Ebitda margin is expected to expand, Fitch cautions that the free cash flow generation will remain limited due to high 5G investments. The competitive landscape is also expected to be dominated by Jio and Airtel, with the two operators projected to add millions of subscribers in 2024. However, Fitch highlights the risks of a slow 5G adoption and the need for an evolved device ecosystem in the Indian market.
Analysts reveal that Airtel’s selling and distribution costs are much higher compared to Jio. This article discusses the possible reasons behind this difference and its implications for both telecom companies.
Exotel is aiming a full-stack customer engagement customer engagement platform with one single provider, in words of the newly appointed global SVP of go to market and strategy Angira Agrawal. Agrawal, having previously connected with shark telecom corporations like Airtel, Vodafone, Skylo and Tata Communications, holds an “extensive professional network and a strategic grasp of large scale commercial operations”, according to co-founder Sachin Bhatia.
