vodafone share price – Vodafone Idea, Bharti Airtel, Jio: What MOFSL says on impact of last tariff hike
Post July 2024 tariff hikes, there has been a diverging trends among the three telecom players, with Bharti Airtel Ltd continuing to be the biggest beneficiary. Despite Vodafone Idea’s large capex plans, Bharti Airtel and RJio are seen gaining market share, given their superior free cash flow generation and deeper pockets, MOFSL said in its latest note on telecom sector.
Given the consolidated market structure in the Indian telecom industry, higher data consumption, one of the lowest ARPUs globally, and inadequate returns generated by telcos, MOFSL expects at least one more round of tariff reset.
It is building in a 15 per cent tariff hike or Rs 50 per month rise in the base pack in December 2025. It preferred Bharti Airtel (Buy,…
