From ₹154 in the December 2017 quarter, Jio’s average revenue per user (Arpu) fell 15.6% to ₹130 in the same quarter in 2018 and to ₹126.2 in the March 2019 quarter. Arpu is the total revenue of the operator divided by the number of users or connections on its network. Similarly, Vodafone Idea’s Arpu too rose by a rupee from ₹88 in the September 2018 quarter to ₹89 in the December quarter. In the December quarter, Vodafone Idea’s and Airtel’s Ebitda (earnings before interest, taxes, depreciation and amortization) was ₹1,136.8 crore and ₹1,949.8 crore respectively, while Jio’s was ₹4,053 crore. Cellular Operators Association of India (COAI) believes Jio’s Arpu decline is not surprising given the aggressive pace at which the subscriber base is growing.

Source: Mint April 21, 2019 18:00 UTC