Airtel is likely to hike its tariffs across plans in the middle of the year.
We do not need more Vodafone-type situations in the nation ...
its very essential that we have robust practical companies which can invest in brand-new technologies, go to rural areas, provide wonderful protection and capability, Bharti Enterprises Chairman Sunil Mittal stated at the Mobile World Congress in Barcelona.
It (tariff walking) will happen throughout the board, he stated.
Previously in February, Bharti Airtels CEO Gopal Vittal stated typical earnings per user (ARPU) requires to rise to Rs 300-level for a decent return on capital and hoped that it will occur in due course.
Telecom companies had treked tariffs throughout all slabs in 2019 and 2021.
AIRTEL, VI ARPU HIT THE LOWEST IN Q2, FY19Airtel reported an ARPU of Rs 193 in Q3, FY23 with the widening of its 4G consumer base.
The company reported ARPUs above Rs 190 6 years ago.
In the third quarter of FY15 reported ARPU was Rs 202.
Airtels ARPU started declining and bottomed out in the 2nd quarter of FY19.
Likewise, Vodafone Ideas ARPU, too, hit its most affordable in the exact same quarter and has gained back lost ground since then.WHAT CAUSED ARPU DECLINE
Reliance Jio interrupted the telecom sector with developments and pricing after its launch in September 2016.
For the very first six months, it offered data and voice calls free.
The gradual decrease and eventual ditching of interconnect use charges (charges made by one operator to another for voice calls) from January 2021 has also affected ARPU of telecom companies.
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