Morgan Stanley, Citi, Jefferies: Brokerages decode RJio, Airtel tariff hike

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Morgan Stanley, Citi, Jefferies: Brokerages decode RJio, Airtel tariff hike - Business Standard

Quick Summary:

While the quantum and timing of tariff hikes is in line with our estimates, R-Jio taking the lead on raising tariffs is a sentimental positive for the telecom industry," they said in a recent note.

In the last two rounds of tariff hikes, Vodafone Idea (Vi) in December 2019 and Bharti (Dec 2021) took the lead, while R-Jio was the last one to raise tariffs.

Here is how leading brokerages have interpreted the RJio telecom tariff hike and Bharti Airtel telecom tariff hike.