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Jio, Bharti May See 5-7% Sequential Revenue Rise, Steady Margin In Q2: Jefferies



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Telcos Reliance Jio and Bharti may post a 5-7 per cent sequential rise in revenue with a steady margin for the second quarter of FY22, according to Jefferies.Bharti”s growth will be led by segmented tariff hikes taken in the second quarter ended September, while Jio”s growth will be driven by continued subscriber growth, it further said.Jefferies expects the outlook on tariff hikes for Bharti, further details on JioPhone Next for Jio, and tenancy outlook for Indus Towers to be the key things to watch for in the September quarter.”While the Government”s recent moves improve the chances of …

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