Telecom earnings preview: Jio may lead in revenue growth; Airtel likely to top ARPU number, Vi steadies user base

Anurag Sharma
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Reliance Jio is expected to surpass Bharti Airtel in revenue and ARPU growth, driven by strong FWA additions. While Airtel's ARPU may be higher, Jio's subscriber growth is significant. Vodafone Idea is projected to stabilize its user base with improved network and 5G expansion, though lagging behind in the 5G race. Tariff hikes are anticipated in 2026.

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