The residual passthrough of tariff hikes taken in July 2024 and higher mobile broadband user additions are expected to aid Airtel’s Q3. To be sure, the impact of last year’s price hikes is likely to boost APPU of all three private carriers, with Airtel set to be the top gainer.
Global Market Today: Asian stocks jump with US futures on Micron outlook
Asian markets surged, mirroring US futures, as Micron Technology’s stellar sales forecast reignited AI trade confidence. The chipmaker’s shares jumped significantly after projecting robust future