New Delhi, Aug. 6 -- Bharti Airtel has delivered 6% sequential growth in consolidated Ebitda to Rs.33,302 crore in the June quarter (Q1FY27). But the Street isn't impressed. The stock stayed flat post results, and is down 6% so far in 2026, as tariff hikes in India's mobile services business remain elusive.

India's mobile services account for nearly 80% of Airtel's sum-of-the-parts (SoTP) valuation; hence, its prospects are critical.

India mobile Arpu (average revenue per user) rose 2.7% QoQ in Q1FY27 to Rs.264 due to a combination of factors such as higher number of days, upgrading customers from 2G services to 4G/5G and growth in postpaid users.

Airtel has used 5G network slicing technology to launch 'fast lane' for postpaid users in...