Jio's revenue growth of 1.7% in Q4FY21 lowest since launch: Analysts
Synopsis Jio’s net 15.4 million user additions showed better channel management and came mainly due to the new JioPhone plans, which offer an 18-33% discount, translating into 33-40% of the telco’s blended ARPU, said ICICI Securities in a note. Reuters Strong subscriber additions by Reliance Jio on the back of recent cheaper offers on the JioPhone has led to a lower-than-expected average revenue per user (ARPU), pegging sequential revenue growth at 1.7%, the lowest since the telco’s commercial launch back in September 2016, say analysts. Jio’s net 15.4 million user additions showed b...