Author Topic: Airtel Opens Eyes on Home / SME Broadband - Too Late  (Read 48 times)

wiredlife

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Airtel Opens Eyes on Home / SME Broadband - Too Late
« on: April 10, 2017, 01:04:40 PM »
Mr Nilanjan Roy, Global CFO of Bharti Airtel at Credit Suisse's Asian Investment Conference said that Airtel can deliver revenue CAGR of 8-9% on the back of higher penetration and opportunities in home and SME broadband markets.

In addition, the home broadband market is as yet untapped, with an opportunity in at least 50 mn affluent homes. Furthermore, the SME
market is expected to open up to broadband/connectivity consumption over the years.

[WE think that Airtel has failed to embrace this section of the market despite repeated personal requests to Sunil Bharti Mittal and they are opening their eyes just before Jio will launch massive Fiber Network to the Home Broadband Services]

On Jio's tariff aggression, management indicated that Bharti has responded with matching offers around Rs149/Rs349 price points, which are seeing a good response from customers.