![\"\"](\"\/\/www.iser-br.com\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
“We expect further consolidation of the market by 2025 with revenue share of Bharti<\/a> ~31% & Jio ~ 47%. Jio revenue share expected to reach 47% and subscriber share to reach 48%,” said Bernstein on Monday.
Estimated revenue market share (RMS) for FY22 for Airtel<\/a> is 31% while that of Jio is 44%. So, while Airtel’s will remain status quo for the next few years, Vi will see a considerable dip in RMS from 22% to 20% in FY25. Even on the subscriber market share front, Jio will take the lead as Vi is estimated to lose its grip from 20%-17% and Airtel will see a marginal dip from 25% to 24%
In a report called ‘Pricing Power - India Telecom - Is it time yet ?’ Bernstein’s analysts Rahul Malhotra and Ronald Ma expect tariffs to go up, catapulted by the recent telecom relief package.
“Pricing status quo is no longer necessary for the industry. Bharti had recently made 2G pre-paid hikes, also guided ARPU of Rs 200\/Rs 300 in short\/medium term. Jio has #1 position in subscribers (~47%) and no longer requires price cuts. Vodafone has benefited from the reforms and would want to push pricing up to manage cash flows,” said the analysts.
This September, the government announced a relief package for the debt laden sector which included a four-year moratorium on adjusted gross revenue (AGR) and spectrum payments, reduced BGs and the option to convert statutory dues to government equity.
Tariff hikes are crucial for the sector which last saw a price increase of 25%-30% in 2019 and since then there have been only tweaks in the charts. For instance, Airtel recently increased price for the minimum recharge plan (Rs 49 to Rs 79).
“We believe the reforms have set the stage for an increase in ARPU in the coming months (similar to 25-30% in Dec19) & lead to better sector economics,” said Bernstein.
Read also<\/h4><\/a><\/figure>Jio, Airtel, Vodafone Idea seek 1-year extension for 5G trials<\/a><\/h5><\/div><\/a><\/figure>'Jio may lure more 2G users from rivals with its JioPhone Next smartphone'<\/a><\/h5><\/div><\/div><\/div>
Tariff uptick is important to increase average revenue per user (ARPU) , a key parameter for the sector. Jio has an ARPU of Rs 143.60 as of September end quarter. While Vi and Airtel are yet to announce their second quarter results, they clockled in ARPU of Rs 104 and Rs 146 respectively as of June end quarter.
Besides tariff hikes, there are other “levers” which the brokerage firm expects to play out.
“While tariff hike is the most important pricing lever, we see other levers also play out. (1) Upgrade to 4G plans, (2) Increase in smartphone penetration \/ increase in data usage, and (3) Monetization of digital\/value added services,” said Malhotra and Ma in the report.
<\/body>","next_sibling":[{"msid":87463666,"title":"Who's building the metaverse?","entity_type":"ARTICLE","link":"\/news\/whos-building-the-metaverse\/87463666","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":87463998,"entity_type":"ARTICLE","title":"Jio & Airtel to have combined revenue market share of 70% by FY2025","synopsis":"\u201cWe expect further consolidation of the market by 2025 with revenue share of Bharti ~31% & Jio ~ 47%. Jio revenue share expected to reach 47% and subscriber share to reach 48%,\u201d said Bernstein on Monday.","titleseo":"telecomnews\/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":2501,"shares":0,"engagementtimems":8224000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2021-11-01 16:31:10","lastupd":"2021-11-01 16:32:51","breadcrumbTags":["reliance jio infocomm","jio","industry","airtel","vodafone idea","bharti airtel","vil","bharti airtel arpu","vodafone idea agr dues","bharti"],"secinfo":{"seolocation":"telecomnews\/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2021-11-01" data-index="article_1">
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Jio & Airtel FY2025结合收入市场份额为70%
“我们预计市场的进一步整合与收入到2025年Bharti ~ & Jio 31% ~ 47%的份额。Jio收入份额将达到47%,用户份额达到48%,”伯恩斯坦周一说。
孟买:依赖Jio Infocomm(Jio),Bharti Airtel将抓住2025年收入市场份额分别为47%和31%,而竞争对手沃达丰的想法(Vi)将持有20%,经纪公司伯恩斯坦说。经纪公司表示,定价现状不再是必要的行业和三个电信公司和政府债务拉登的救援部门将三人所需的刺激他们的关税。
“我们预计市场的进一步整合到2025年收入的份额Bharti~ & Jio 31% ~ 47%。Jio收入份额将达到47%,用户份额达到48%,”伯恩斯坦周一说。
估计收入市场份额为FY22 (RMS)附近的旅馆是31%,而Jio是44%。因此,尽管Airtel的现状仍将在接下来的几年中,Vi将看到一个相当大的下降在FY25 RMS从22%降至20%。甚至在用户市场份额方面,Jio将带头Vi估计失去控制从-17%和20%的旅馆将看到一个边际从25%下降到24%
在一份报告中称为“定价权,印度电信——是时候了吗?”伯恩斯坦研究公司的分析家Rahul Malhotra和罗纳德·马希望关税上涨,让最近电信的救援计划。
“定价现状不再是必要的。Bharti最近2 g预付费上涨,也引导ARPU Rs 200 / Rs 300年的短期/中期。Jio # 1位置的用户(~ 47%),不再要求降价。沃达丰已经受益于改革,希望推动定价管理现金流,”分析师说。
今年9月,政府宣布了一项救援计划的债务拉登部门包括四年暂停调整后总收入(AGR)和光谱支付,减少英国地质调查局和法定费转化为政府股本的选项。
税率是至关重要的部门最后一次看到25%的价格上涨-30%,2019年之后只有调整图表。例如,旅馆最近增加了最低价格补给计划(Rs 49 79卢比)。
“我们相信这些改革奠定了在未来几个月增加ARPU(类似于Dec19 25 - 30%)和带来更好的部门经济学,”伯恩斯坦说。
关税上升是重要的增加每用户平均收入(ARPU),该行业的关键参数。Jio的ARPU Rs 143.60截至9月份季度结束。而Vi和Airtel尚未宣布其第二季度财报,他们clockled ARPU Rs 104和Rs 146分别为6月季度结束。
除了关税上涨,还有其他的“杠杆”的经纪公司预计。
“虽然关税上调是最重要的价格杠杆,我们也看到其他手段。(1)升级到4 g计划,(2)智能手机普及率的增加/增加数据使用,和(3)数字/增值服务盈利,”Malhotra和马在报告中说。
<\/span><\/figcaption><\/figure>Mumbai: Reliance Jio Infocomm<\/a> (Jio<\/a>) and Bharti Airtel<\/a> will grab 47% and 31% revenue market share respectively by 2025 while rival Vodafone Idea<\/a> (Vi) will own 20%, said brokerage firm Bernstein. The brokerage firm says pricing status quo is no longer necessary for the industry<\/a> and the three telcos and the government’s relief to the debt laden sector will be the fillip needed for the trio to up their tariffs.
“We expect further consolidation of the market by 2025 with revenue share of Bharti<\/a> ~31% & Jio ~ 47%. Jio revenue share expected to reach 47% and subscriber share to reach 48%,” said Bernstein on Monday.
Estimated revenue market share (RMS) for FY22 for Airtel<\/a> is 31% while that of Jio is 44%. So, while Airtel’s will remain status quo for the next few years, Vi will see a considerable dip in RMS from 22% to 20% in FY25. Even on the subscriber market share front, Jio will take the lead as Vi is estimated to lose its grip from 20%-17% and Airtel will see a marginal dip from 25% to 24%
In a report called ‘Pricing Power - India Telecom - Is it time yet ?’ Bernstein’s analysts Rahul Malhotra and Ronald Ma expect tariffs to go up, catapulted by the recent telecom relief package.
“Pricing status quo is no longer necessary for the industry. Bharti had recently made 2G pre-paid hikes, also guided ARPU of Rs 200\/Rs 300 in short\/medium term. Jio has #1 position in subscribers (~47%) and no longer requires price cuts. Vodafone has benefited from the reforms and would want to push pricing up to manage cash flows,” said the analysts.
This September, the government announced a relief package for the debt laden sector which included a four-year moratorium on adjusted gross revenue (AGR) and spectrum payments, reduced BGs and the option to convert statutory dues to government equity.
Tariff hikes are crucial for the sector which last saw a price increase of 25%-30% in 2019 and since then there have been only tweaks in the charts. For instance, Airtel recently increased price for the minimum recharge plan (Rs 49 to Rs 79).
“We believe the reforms have set the stage for an increase in ARPU in the coming months (similar to 25-30% in Dec19) & lead to better sector economics,” said Bernstein.
Read also<\/h4><\/a><\/figure>Jio, Airtel, Vodafone Idea seek 1-year extension for 5G trials<\/a><\/h5><\/div><\/a><\/figure>'Jio may lure more 2G users from rivals with its JioPhone Next smartphone'<\/a><\/h5><\/div><\/div><\/div>
Tariff uptick is important to increase average revenue per user (ARPU) , a key parameter for the sector. Jio has an ARPU of Rs 143.60 as of September end quarter. While Vi and Airtel are yet to announce their second quarter results, they clockled in ARPU of Rs 104 and Rs 146 respectively as of June end quarter.
Besides tariff hikes, there are other “levers” which the brokerage firm expects to play out.
“While tariff hike is the most important pricing lever, we see other levers also play out. (1) Upgrade to 4G plans, (2) Increase in smartphone penetration \/ increase in data usage, and (3) Monetization of digital\/value added services,” said Malhotra and Ma in the report.
<\/body>","next_sibling":[{"msid":87463666,"title":"Who's building the metaverse?","entity_type":"ARTICLE","link":"\/news\/whos-building-the-metaverse\/87463666","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":87463998,"entity_type":"ARTICLE","title":"Jio & Airtel to have combined revenue market share of 70% by FY2025","synopsis":"\u201cWe expect further consolidation of the market by 2025 with revenue share of Bharti ~31% & Jio ~ 47%. Jio revenue share expected to reach 47% and subscriber share to reach 48%,\u201d said Bernstein on Monday.","titleseo":"telecomnews\/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":2501,"shares":0,"engagementtimems":8224000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2021-11-01 16:31:10","lastupd":"2021-11-01 16:32:51","breadcrumbTags":["reliance jio infocomm","jio","industry","airtel","vodafone idea","bharti airtel","vil","bharti airtel arpu","vodafone idea agr dues","bharti"],"secinfo":{"seolocation":"telecomnews\/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025"}}" data-news_link="//www.iser-br.com/news/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025/87463998">
<\/a><\/figure>Jio, Airtel, Vodafone Idea seek 1-year extension for 5G trials<\/a><\/h5><\/div><\/a><\/figure>'Jio may lure more 2G users from rivals with its JioPhone Next smartphone'<\/a><\/h5><\/div><\/div><\/div>
Tariff uptick is important to increase average revenue per user (ARPU) , a key parameter for the sector. Jio has an ARPU of Rs 143.60 as of September end quarter. While Vi and Airtel are yet to announce their second quarter results, they clockled in ARPU of Rs 104 and Rs 146 respectively as of June end quarter.
Besides tariff hikes, there are other “levers” which the brokerage firm expects to play out.
“While tariff hike is the most important pricing lever, we see other levers also play out. (1) Upgrade to 4G plans, (2) Increase in smartphone penetration \/ increase in data usage, and (3) Monetization of digital\/value added services,” said Malhotra and Ma in the report.
<\/body>","next_sibling":[{"msid":87463666,"title":"Who's building the metaverse?","entity_type":"ARTICLE","link":"\/news\/whos-building-the-metaverse\/87463666","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":87463998,"entity_type":"ARTICLE","title":"Jio & Airtel to have combined revenue market share of 70% by FY2025","synopsis":"\u201cWe expect further consolidation of the market by 2025 with revenue share of Bharti ~31% & Jio ~ 47%. Jio revenue share expected to reach 47% and subscriber share to reach 48%,\u201d said Bernstein on Monday.","titleseo":"telecomnews\/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":2501,"shares":0,"engagementtimems":8224000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2021-11-01 16:31:10","lastupd":"2021-11-01 16:32:51","breadcrumbTags":["reliance jio infocomm","jio","industry","airtel","vodafone idea","bharti airtel","vil","bharti airtel arpu","vodafone idea agr dues","bharti"],"secinfo":{"seolocation":"telecomnews\/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2021-11-01" data-index="article_1">
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Jio & Airtel FY2025结合收入市场份额为70%
“我们预计市场的进一步整合与收入到2025年Bharti ~ & Jio 31% ~ 47%的份额。Jio收入份额将达到47%,用户份额达到48%,”伯恩斯坦周一说。
孟买:依赖Jio Infocomm(Jio),Bharti Airtel将抓住2025年收入市场份额分别为47%和31%,而竞争对手沃达丰的想法(Vi)将持有20%,经纪公司伯恩斯坦说。经纪公司表示,定价现状不再是必要的行业和三个电信公司和政府债务拉登的救援部门将三人所需的刺激他们的关税。
“我们预计市场的进一步整合到2025年收入的份额Bharti~ & Jio 31% ~ 47%。Jio收入份额将达到47%,用户份额达到48%,”伯恩斯坦周一说。
估计收入市场份额为FY22 (RMS)附近的旅馆是31%,而Jio是44%。因此,尽管Airtel的现状仍将在接下来的几年中,Vi将看到一个相当大的下降在FY25 RMS从22%降至20%。甚至在用户市场份额方面,Jio将带头Vi估计失去控制从-17%和20%的旅馆将看到一个边际从25%下降到24%
在一份报告中称为“定价权,印度电信——是时候了吗?”伯恩斯坦研究公司的分析家Rahul Malhotra和罗纳德·马希望关税上涨,让最近电信的救援计划。
“定价现状不再是必要的。Bharti最近2 g预付费上涨,也引导ARPU Rs 200 / Rs 300年的短期/中期。Jio # 1位置的用户(~ 47%),不再要求降价。沃达丰已经受益于改革,希望推动定价管理现金流,”分析师说。
今年9月,政府宣布了一项救援计划的债务拉登部门包括四年暂停调整后总收入(AGR)和光谱支付,减少英国地质调查局和法定费转化为政府股本的选项。
税率是至关重要的部门最后一次看到25%的价格上涨-30%,2019年之后只有调整图表。例如,旅馆最近增加了最低价格补给计划(Rs 49 79卢比)。
“我们相信这些改革奠定了在未来几个月增加ARPU(类似于Dec19 25 - 30%)和带来更好的部门经济学,”伯恩斯坦说。
关税上升是重要的增加每用户平均收入(ARPU),该行业的关键参数。Jio的ARPU Rs 143.60截至9月份季度结束。而Vi和Airtel尚未宣布其第二季度财报,他们clockled ARPU Rs 104和Rs 146分别为6月季度结束。
除了关税上涨,还有其他的“杠杆”的经纪公司预计。
“虽然关税上调是最重要的价格杠杆,我们也看到其他手段。(1)升级到4 g计划,(2)智能手机普及率的增加/增加数据使用,和(3)数字/增值服务盈利,”Malhotra和马在报告中说。
<\/span><\/figcaption><\/figure>Mumbai: Reliance Jio Infocomm<\/a> (Jio<\/a>) and Bharti Airtel<\/a> will grab 47% and 31% revenue market share respectively by 2025 while rival Vodafone Idea<\/a> (Vi) will own 20%, said brokerage firm Bernstein. The brokerage firm says pricing status quo is no longer necessary for the industry<\/a> and the three telcos and the government’s relief to the debt laden sector will be the fillip needed for the trio to up their tariffs.
“We expect further consolidation of the market by 2025 with revenue share of Bharti<\/a> ~31% & Jio ~ 47%. Jio revenue share expected to reach 47% and subscriber share to reach 48%,” said Bernstein on Monday.
Estimated revenue market share (RMS) for FY22 for Airtel<\/a> is 31% while that of Jio is 44%. So, while Airtel’s will remain status quo for the next few years, Vi will see a considerable dip in RMS from 22% to 20% in FY25. Even on the subscriber market share front, Jio will take the lead as Vi is estimated to lose its grip from 20%-17% and Airtel will see a marginal dip from 25% to 24%
In a report called ‘Pricing Power - India Telecom - Is it time yet ?’ Bernstein’s analysts Rahul Malhotra and Ronald Ma expect tariffs to go up, catapulted by the recent telecom relief package.
“Pricing status quo is no longer necessary for the industry. Bharti had recently made 2G pre-paid hikes, also guided ARPU of Rs 200\/Rs 300 in short\/medium term. Jio has #1 position in subscribers (~47%) and no longer requires price cuts. Vodafone has benefited from the reforms and would want to push pricing up to manage cash flows,” said the analysts.
This September, the government announced a relief package for the debt laden sector which included a four-year moratorium on adjusted gross revenue (AGR) and spectrum payments, reduced BGs and the option to convert statutory dues to government equity.
Tariff hikes are crucial for the sector which last saw a price increase of 25%-30% in 2019 and since then there have been only tweaks in the charts. For instance, Airtel recently increased price for the minimum recharge plan (Rs 49 to Rs 79).
“We believe the reforms have set the stage for an increase in ARPU in the coming months (similar to 25-30% in Dec19) & lead to better sector economics,” said Bernstein.
Read also<\/h4><\/a><\/figure>Jio, Airtel, Vodafone Idea seek 1-year extension for 5G trials<\/a><\/h5><\/div><\/a><\/figure>'Jio may lure more 2G users from rivals with its JioPhone Next smartphone'<\/a><\/h5><\/div><\/div><\/div>
Tariff uptick is important to increase average revenue per user (ARPU) , a key parameter for the sector. Jio has an ARPU of Rs 143.60 as of September end quarter. While Vi and Airtel are yet to announce their second quarter results, they clockled in ARPU of Rs 104 and Rs 146 respectively as of June end quarter.
Besides tariff hikes, there are other “levers” which the brokerage firm expects to play out.
“While tariff hike is the most important pricing lever, we see other levers also play out. (1) Upgrade to 4G plans, (2) Increase in smartphone penetration \/ increase in data usage, and (3) Monetization of digital\/value added services,” said Malhotra and Ma in the report.
<\/body>","next_sibling":[{"msid":87463666,"title":"Who's building the metaverse?","entity_type":"ARTICLE","link":"\/news\/whos-building-the-metaverse\/87463666","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":87463998,"entity_type":"ARTICLE","title":"Jio & Airtel to have combined revenue market share of 70% by FY2025","synopsis":"\u201cWe expect further consolidation of the market by 2025 with revenue share of Bharti ~31% & Jio ~ 47%. Jio revenue share expected to reach 47% and subscriber share to reach 48%,\u201d said Bernstein on Monday.","titleseo":"telecomnews\/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":2501,"shares":0,"engagementtimems":8224000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2021-11-01 16:31:10","lastupd":"2021-11-01 16:32:51","breadcrumbTags":["reliance jio infocomm","jio","industry","airtel","vodafone idea","bharti airtel","vil","bharti airtel arpu","vodafone idea agr dues","bharti"],"secinfo":{"seolocation":"telecomnews\/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025"}}" data-news_link="//www.iser-br.com/news/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025/87463998">
<\/a><\/figure>'Jio may lure more 2G users from rivals with its JioPhone Next smartphone'<\/a><\/h5><\/div><\/div><\/div>
Tariff uptick is important to increase average revenue per user (ARPU) , a key parameter for the sector. Jio has an ARPU of Rs 143.60 as of September end quarter. While Vi and Airtel are yet to announce their second quarter results, they clockled in ARPU of Rs 104 and Rs 146 respectively as of June end quarter.
Besides tariff hikes, there are other “levers” which the brokerage firm expects to play out.
“While tariff hike is the most important pricing lever, we see other levers also play out. (1) Upgrade to 4G plans, (2) Increase in smartphone penetration \/ increase in data usage, and (3) Monetization of digital\/value added services,” said Malhotra and Ma in the report.
<\/body>","next_sibling":[{"msid":87463666,"title":"Who's building the metaverse?","entity_type":"ARTICLE","link":"\/news\/whos-building-the-metaverse\/87463666","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":87463998,"entity_type":"ARTICLE","title":"Jio & Airtel to have combined revenue market share of 70% by FY2025","synopsis":"\u201cWe expect further consolidation of the market by 2025 with revenue share of Bharti ~31% & Jio ~ 47%. Jio revenue share expected to reach 47% and subscriber share to reach 48%,\u201d said Bernstein on Monday.","titleseo":"telecomnews\/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":2501,"shares":0,"engagementtimems":8224000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2021-11-01 16:31:10","lastupd":"2021-11-01 16:32:51","breadcrumbTags":["reliance jio infocomm","jio","industry","airtel","vodafone idea","bharti airtel","vil","bharti airtel arpu","vodafone idea agr dues","bharti"],"secinfo":{"seolocation":"telecomnews\/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2021-11-01" data-index="article_1">
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Jio & Airtel FY2025结合收入市场份额为70%
“我们预计市场的进一步整合与收入到2025年Bharti ~ & Jio 31% ~ 47%的份额。Jio收入份额将达到47%,用户份额达到48%,”伯恩斯坦周一说。
孟买:依赖Jio Infocomm(Jio),Bharti Airtel将抓住2025年收入市场份额分别为47%和31%,而竞争对手沃达丰的想法(Vi)将持有20%,经纪公司伯恩斯坦说。经纪公司表示,定价现状不再是必要的行业和三个电信公司和政府债务拉登的救援部门将三人所需的刺激他们的关税。
“我们预计市场的进一步整合到2025年收入的份额Bharti~ & Jio 31% ~ 47%。Jio收入份额将达到47%,用户份额达到48%,”伯恩斯坦周一说。
估计收入市场份额为FY22 (RMS)附近的旅馆是31%,而Jio是44%。因此,尽管Airtel的现状仍将在接下来的几年中,Vi将看到一个相当大的下降在FY25 RMS从22%降至20%。甚至在用户市场份额方面,Jio将带头Vi估计失去控制从-17%和20%的旅馆将看到一个边际从25%下降到24%
在一份报告中称为“定价权,印度电信——是时候了吗?”伯恩斯坦研究公司的分析家Rahul Malhotra和罗纳德·马希望关税上涨,让最近电信的救援计划。
“定价现状不再是必要的。Bharti最近2 g预付费上涨,也引导ARPU Rs 200 / Rs 300年的短期/中期。Jio # 1位置的用户(~ 47%),不再要求降价。沃达丰已经受益于改革,希望推动定价管理现金流,”分析师说。
今年9月,政府宣布了一项救援计划的债务拉登部门包括四年暂停调整后总收入(AGR)和光谱支付,减少英国地质调查局和法定费转化为政府股本的选项。
税率是至关重要的部门最后一次看到25%的价格上涨-30%,2019年之后只有调整图表。例如,旅馆最近增加了最低价格补给计划(Rs 49 79卢比)。
“我们相信这些改革奠定了在未来几个月增加ARPU(类似于Dec19 25 - 30%)和带来更好的部门经济学,”伯恩斯坦说。
关税上升是重要的增加每用户平均收入(ARPU),该行业的关键参数。Jio的ARPU Rs 143.60截至9月份季度结束。而Vi和Airtel尚未宣布其第二季度财报,他们clockled ARPU Rs 104和Rs 146分别为6月季度结束。
除了关税上涨,还有其他的“杠杆”的经纪公司预计。
“虽然关税上调是最重要的价格杠杆,我们也看到其他手段。(1)升级到4 g计划,(2)智能手机普及率的增加/增加数据使用,和(3)数字/增值服务盈利,”Malhotra和马在报告中说。
<\/span><\/figcaption><\/figure>Mumbai: Reliance Jio Infocomm<\/a> (Jio<\/a>) and Bharti Airtel<\/a> will grab 47% and 31% revenue market share respectively by 2025 while rival Vodafone Idea<\/a> (Vi) will own 20%, said brokerage firm Bernstein. The brokerage firm says pricing status quo is no longer necessary for the industry<\/a> and the three telcos and the government’s relief to the debt laden sector will be the fillip needed for the trio to up their tariffs.
“We expect further consolidation of the market by 2025 with revenue share of Bharti<\/a> ~31% & Jio ~ 47%. Jio revenue share expected to reach 47% and subscriber share to reach 48%,” said Bernstein on Monday.
Estimated revenue market share (RMS) for FY22 for Airtel<\/a> is 31% while that of Jio is 44%. So, while Airtel’s will remain status quo for the next few years, Vi will see a considerable dip in RMS from 22% to 20% in FY25. Even on the subscriber market share front, Jio will take the lead as Vi is estimated to lose its grip from 20%-17% and Airtel will see a marginal dip from 25% to 24%
In a report called ‘Pricing Power - India Telecom - Is it time yet ?’ Bernstein’s analysts Rahul Malhotra and Ronald Ma expect tariffs to go up, catapulted by the recent telecom relief package.
“Pricing status quo is no longer necessary for the industry. Bharti had recently made 2G pre-paid hikes, also guided ARPU of Rs 200\/Rs 300 in short\/medium term. Jio has #1 position in subscribers (~47%) and no longer requires price cuts. Vodafone has benefited from the reforms and would want to push pricing up to manage cash flows,” said the analysts.
This September, the government announced a relief package for the debt laden sector which included a four-year moratorium on adjusted gross revenue (AGR) and spectrum payments, reduced BGs and the option to convert statutory dues to government equity.
Tariff hikes are crucial for the sector which last saw a price increase of 25%-30% in 2019 and since then there have been only tweaks in the charts. For instance, Airtel recently increased price for the minimum recharge plan (Rs 49 to Rs 79).
“We believe the reforms have set the stage for an increase in ARPU in the coming months (similar to 25-30% in Dec19) & lead to better sector economics,” said Bernstein.
Read also<\/h4><\/a><\/figure>Jio, Airtel, Vodafone Idea seek 1-year extension for 5G trials<\/a><\/h5><\/div><\/a><\/figure>'Jio may lure more 2G users from rivals with its JioPhone Next smartphone'<\/a><\/h5><\/div><\/div><\/div>
Tariff uptick is important to increase average revenue per user (ARPU) , a key parameter for the sector. Jio has an ARPU of Rs 143.60 as of September end quarter. While Vi and Airtel are yet to announce their second quarter results, they clockled in ARPU of Rs 104 and Rs 146 respectively as of June end quarter.
Besides tariff hikes, there are other “levers” which the brokerage firm expects to play out.
“While tariff hike is the most important pricing lever, we see other levers also play out. (1) Upgrade to 4G plans, (2) Increase in smartphone penetration \/ increase in data usage, and (3) Monetization of digital\/value added services,” said Malhotra and Ma in the report.
<\/body>","next_sibling":[{"msid":87463666,"title":"Who's building the metaverse?","entity_type":"ARTICLE","link":"\/news\/whos-building-the-metaverse\/87463666","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":87463998,"entity_type":"ARTICLE","title":"Jio & Airtel to have combined revenue market share of 70% by FY2025","synopsis":"\u201cWe expect further consolidation of the market by 2025 with revenue share of Bharti ~31% & Jio ~ 47%. Jio revenue share expected to reach 47% and subscriber share to reach 48%,\u201d said Bernstein on Monday.","titleseo":"telecomnews\/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":2501,"shares":0,"engagementtimems":8224000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2021-11-01 16:31:10","lastupd":"2021-11-01 16:32:51","breadcrumbTags":["reliance jio infocomm","jio","industry","airtel","vodafone idea","bharti airtel","vil","bharti airtel arpu","vodafone idea agr dues","bharti"],"secinfo":{"seolocation":"telecomnews\/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025"}}" data-news_link="//www.iser-br.com/news/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025/87463998">
- Telecom乐动扑克News
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Jio & Airtel FY2025结合收入市场份额为70%
“我们预计市场的进一步整合与收入到2025年Bharti ~ & Jio 31% ~ 47%的份额。Jio收入份额将达到47%,用户份额达到48%,”伯恩斯坦周一说。
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“我们预计市场的进一步整合到2025年收入的份额Bharti~ & Jio 31% ~ 47%。Jio收入份额将达到47%,用户份额达到48%,”伯恩斯坦周一说。
估计收入市场份额为FY22 (RMS)附近的旅馆是31%,而Jio是44%。因此,尽管Airtel的现状仍将在接下来的几年中,Vi将看到一个相当大的下降在FY25 RMS从22%降至20%。甚至在用户市场份额方面,Jio将带头Vi估计失去控制从-17%和20%的旅馆将看到一个边际从25%下降到24%
在一份报告中称为“定价权,印度电信——是时候了吗?”伯恩斯坦研究公司的分析家Rahul Malhotra和罗纳德·马希望关税上涨,让最近电信的救援计划。
“定价现状不再是必要的。Bharti最近2 g预付费上涨,也引导ARPU Rs 200 / Rs 300年的短期/中期。Jio # 1位置的用户(~ 47%),不再要求降价。沃达丰已经受益于改革,希望推动定价管理现金流,”分析师说。
今年9月,政府宣布了一项救援计划的债务拉登部门包括四年暂停调整后总收入(AGR)和光谱支付,减少英国地质调查局和法定费转化为政府股本的选项。
税率是至关重要的部门最后一次看到25%的价格上涨-30%,2019年之后只有调整图表。例如,旅馆最近增加了最低价格补给计划(Rs 49 79卢比)。
“我们相信这些改革奠定了在未来几个月增加ARPU(类似于Dec19 25 - 30%)和带来更好的部门经济学,”伯恩斯坦说。
关税上升是重要的增加每用户平均收入(ARPU),该行业的关键参数。Jio的ARPU Rs 143.60截至9月份季度结束。而Vi和Airtel尚未宣布其第二季度财报,他们clockled ARPU Rs 104和Rs 146分别为6月季度结束。
除了关税上涨,还有其他的“杠杆”的经纪公司预计。
“虽然关税上调是最重要的价格杠杆,我们也看到其他手段。(1)升级到4 g计划,(2)智能手机普及率的增加/增加数据使用,和(3)数字/增值服务盈利,”Malhotra和马在报告中说。
“We expect further consolidation of the market by 2025 with revenue share of Bharti<\/a> ~31% & Jio ~ 47%. Jio revenue share expected to reach 47% and subscriber share to reach 48%,” said Bernstein on Monday.
Estimated revenue market share (RMS) for FY22 for Airtel<\/a> is 31% while that of Jio is 44%. So, while Airtel’s will remain status quo for the next few years, Vi will see a considerable dip in RMS from 22% to 20% in FY25. Even on the subscriber market share front, Jio will take the lead as Vi is estimated to lose its grip from 20%-17% and Airtel will see a marginal dip from 25% to 24%
In a report called ‘Pricing Power - India Telecom - Is it time yet ?’ Bernstein’s analysts Rahul Malhotra and Ronald Ma expect tariffs to go up, catapulted by the recent telecom relief package.
“Pricing status quo is no longer necessary for the industry. Bharti had recently made 2G pre-paid hikes, also guided ARPU of Rs 200\/Rs 300 in short\/medium term. Jio has #1 position in subscribers (~47%) and no longer requires price cuts. Vodafone has benefited from the reforms and would want to push pricing up to manage cash flows,” said the analysts.
This September, the government announced a relief package for the debt laden sector which included a four-year moratorium on adjusted gross revenue (AGR) and spectrum payments, reduced BGs and the option to convert statutory dues to government equity.
Tariff hikes are crucial for the sector which last saw a price increase of 25%-30% in 2019 and since then there have been only tweaks in the charts. For instance, Airtel recently increased price for the minimum recharge plan (Rs 49 to Rs 79).
“We believe the reforms have set the stage for an increase in ARPU in the coming months (similar to 25-30% in Dec19) & lead to better sector economics,” said Bernstein.
Read also<\/h4><\/a><\/figure>Jio, Airtel, Vodafone Idea seek 1-year extension for 5G trials<\/a><\/h5><\/div><\/a><\/figure>'Jio may lure more 2G users from rivals with its JioPhone Next smartphone'<\/a><\/h5><\/div><\/div><\/div>
Tariff uptick is important to increase average revenue per user (ARPU) , a key parameter for the sector. Jio has an ARPU of Rs 143.60 as of September end quarter. While Vi and Airtel are yet to announce their second quarter results, they clockled in ARPU of Rs 104 and Rs 146 respectively as of June end quarter.
Besides tariff hikes, there are other “levers” which the brokerage firm expects to play out.
“While tariff hike is the most important pricing lever, we see other levers also play out. (1) Upgrade to 4G plans, (2) Increase in smartphone penetration \/ increase in data usage, and (3) Monetization of digital\/value added services,” said Malhotra and Ma in the report.
<\/body>","next_sibling":[{"msid":87463666,"title":"Who's building the metaverse?","entity_type":"ARTICLE","link":"\/news\/whos-building-the-metaverse\/87463666","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":87463998,"entity_type":"ARTICLE","title":"Jio & Airtel to have combined revenue market share of 70% by FY2025","synopsis":"\u201cWe expect further consolidation of the market by 2025 with revenue share of Bharti ~31% & Jio ~ 47%. Jio revenue share expected to reach 47% and subscriber share to reach 48%,\u201d said Bernstein on Monday.","titleseo":"telecomnews\/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":2501,"shares":0,"engagementtimems":8224000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2021-11-01 16:31:10","lastupd":"2021-11-01 16:32:51","breadcrumbTags":["reliance jio infocomm","jio","industry","airtel","vodafone idea","bharti airtel","vil","bharti airtel arpu","vodafone idea agr dues","bharti"],"secinfo":{"seolocation":"telecomnews\/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025"}}" data-news_link="//www.iser-br.com/news/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025/87463998">
<\/a><\/figure>Jio, Airtel, Vodafone Idea seek 1-year extension for 5G trials<\/a><\/h5><\/div><\/a><\/figure>'Jio may lure more 2G users from rivals with its JioPhone Next smartphone'<\/a><\/h5><\/div><\/div><\/div>
Tariff uptick is important to increase average revenue per user (ARPU) , a key parameter for the sector. Jio has an ARPU of Rs 143.60 as of September end quarter. While Vi and Airtel are yet to announce their second quarter results, they clockled in ARPU of Rs 104 and Rs 146 respectively as of June end quarter.
Besides tariff hikes, there are other “levers” which the brokerage firm expects to play out.
“While tariff hike is the most important pricing lever, we see other levers also play out. (1) Upgrade to 4G plans, (2) Increase in smartphone penetration \/ increase in data usage, and (3) Monetization of digital\/value added services,” said Malhotra and Ma in the report.
<\/body>","next_sibling":[{"msid":87463666,"title":"Who's building the metaverse?","entity_type":"ARTICLE","link":"\/news\/whos-building-the-metaverse\/87463666","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":87463998,"entity_type":"ARTICLE","title":"Jio & Airtel to have combined revenue market share of 70% by FY2025","synopsis":"\u201cWe expect further consolidation of the market by 2025 with revenue share of Bharti ~31% & Jio ~ 47%. Jio revenue share expected to reach 47% and subscriber share to reach 48%,\u201d said Bernstein on Monday.","titleseo":"telecomnews\/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":2501,"shares":0,"engagementtimems":8224000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2021-11-01 16:31:10","lastupd":"2021-11-01 16:32:51","breadcrumbTags":["reliance jio infocomm","jio","industry","airtel","vodafone idea","bharti airtel","vil","bharti airtel arpu","vodafone idea agr dues","bharti"],"secinfo":{"seolocation":"telecomnews\/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025"}}" data-news_link="//www.iser-br.com/news/jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025jio-airtel-to-have-combined-revenue-market-share-of-70-by-fy2025/87463998">
<\/a><\/figure>
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