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Free services offer from Reliance Jio will hurt the earnings of telecom operators for three months ended March 2017.
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Telecom major Bharti Airtel on Wednesday reported around 31 percent decline in consolidated net profit at Rs 1,462 crore for the first quarter of 2016-17 mainly due to high capital expenditure during the period.
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The monthly average revenue per user (ARPU) of GSM operators increased by 5.8 percent year-on-year to Rs 118.
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The company saw a decline in ARPU in local currency by 7% to Rs 98 in the first quarter on an annual basis.
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The mobile user base is expected to grow to 815 million this year, from 755 million connections in 2013, it said.






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