new delhi may 8 stability and rationality may to return to the telecom market by the fourth quarter of the current fiscal as mobile operators move beyond hypercompetitive pricing into tapping new valueadded avenues of revenue to bolster topline and profit according to industry body coai we expect stability and rationality to return to the market the market has been in a sense a bit irrational in terms of dynamics in terms of pricingintensity of going after other peoples customers cellular operators association of india coai director general rajan s mathews told the telecom operators will look at getting more offerings like content ecommerce and financial services aggregated onto their networks to enhance revenue streams and arrest declines in topline and bottomline he said i dont personally expect to see revenue declining by the time we get to the fourth quarter of the current financial year we have seen that for the last 56 quarters we have seen decline in topline and profitability that will be arrestedi dont see a great uptick in churn and i dont see hypercompetitive pricing going onbecause of those factors i would expect to see stability return to the market mathews added earlier this week telecom operator bharti airtel reported a surprise 29 per cent surge in march quarter net profit aided by exceptional income gains the company whose profitability has been battered by intense price competition posed by the richest indian mukesh ambanis reliance jio earned a net profit of rs 1072 crore in januarymarch quarter as compared with rs 829 crore in the same period of the previous fiscal its first rise in profit after several quarters its revenue soared 62 per cent to rs 206022 crore for the three months ended march 31 2019 rival reliance jio had posted 647 per cent jump in net profit to rs 840 crore in the march quarter of 201819 it had recorded a net profit of rs 510 crore in the same quarter a year ago reliance jios operating revenue was up 558 per cent to rs 11106 crore during the reported quarter as compared with rs 7128 crore in the yearago period indias largest telecom operator vodafone idea is slated to announce its result for the fiscal ended march 2019 on may 13 from an industry perspective we have probably seen the worst of churn and worst of intensity of cutting of tariffs so we are seeing more rationality coming in because of the challenge of raising financesthe question of how bad is it going to be is pastwe are looking at a more positive dimension mathews said mbi rvk rvk