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Bharti Airtel's India operation is expected to report a significant increase in post-tax return on invested capital (RoIC) in fiscal 2025, marking a turnaround after eight years of decline. The higher RoIC is anticipated to be higher than the weighted average cost of capital (WACC), potentially driving economic value creation for the telecom operator.
Bharti Airtel: But the saving grace this quarter is likely to be the festive season and the slew of assembly elections in multiple states (Rajasthan, Chattisgarh, MP and Mizoram), coupled with 5G user additions by Jio and Airtel and extra days during the October-December period.
While the just-ended cricket World Cup may have boosted mobile data usage by over 4% sequentially in the December quarter for the top three telcos, that will translate only into relatively modest sequential revenue growth - at best 1% - since consumers invariably have large chunks of unused data, precluding mass upgrades to higher value plans. Furthermore, some digital viewing of World Cup action on smartphones was via WiFi and not mobile data.
During meeting Sunday, our councillor Sanjay Pandit proposed the name change from Aligarh to Harigarh, Singhal says
India News: The mayor of Aligarh Nagar Nigam, Prashant Singhal, has announced that a resolution proposing the renaming of Aligarh to Harigarh has been passed by t