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Q3 FY21 preview: Airtel to outshine, Jio may slow down, and Vodafone Idea to stay on a tight line.

Synopsis

Jio will flag off its third-quarter results later today, followed by Airtel, tentatively on February 3, and Vodafone Idea likely a week after that. ET Prime analyses the historic operational and financial KPIs of telcos along with estimates from various research houses to understand how the Q3 FY21 earnings will look like.

Results are never easy. And when it comes to telecom, it keeps many on their toes, especially due to the intense competition the sector has been experiencing. The upcoming quarters are going to be even more interesting because of the impending spectrum auction, likely tariff hikes and the approaching due date for the first AGR (adjusted gross revenue) instalment. In addition to the above, the impact of the pandemic-triggered lockdown on extended

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