Reliance Jio, Bharti Airtel see sharp hikes in SG&A costs on-year in Q2FY25: Analysts
Industry executives and analysts said Jio and Airtel’s significantly higher SG&A payouts signalled heightened competition to retain and acquire high-value customers after the recent price hikes. They added that this also indicated Jio and Airtel are incentivising mobile number portability (MNP) through higher channel payouts to distributors and dealers.
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