Telcos should now focus on quality of service
Broader indices suffer deeper cuts; SmallCap index declines 3%; RIL sinks 4% after calling off deal with Saudi Aramco
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Telcos offering segmented tariff offerings has been a bone of contention for a while
The telecom regulator however is unlikely to set a minimum tariff as it may be considered an anti-competitive move
The company has discontinued its Rs 49 entry level prepaid recharge and will now start from the Rs 79 smart recharge and offer more value to customers
Vodafone-Idea has been looking to raise around Rs 25,000 crore for the last nine months
ICRA expects total industry debt to remain elevated at Rs. 4.7 lakh crore as on March 31, 2022
Telecom service providers are expected to dial in next round of tariff hikes over the next one or two quarters
CLSA believes that new Jio postpaid plans are bundling three leading OTTs, but with no content exclusivity, can be matched by incumbents like Bharti Airtel
Trai has now directed telcos to publish, within 15 days, each tariff plan for postpaid and prepaid subscribers, service area wise
In a Q&A session with journalists, Takkar says the two independent brands Vodafone and Idea will be phased out, and the legacy of the two companies will reflect in the common brand
Vodafone Idea CEO Ravinder Takkar, in a short Q&A session with the media, was emphatic that tariff rise was inevitable to sustain the telecom business. Edited excerpts
Bharti Airtel's Sunil Mittal says that, to his mind, Average Revenue Per User or ARPUs need to hit Rs 300, or double Airtel's current figure, if the industry is to stabilize
The last time the company revised its tariffs was in December 2019
Airtel had, on Monday, reported Q4 loss at Rs 5,237 crore, mainly on account of provisioning for paying statutory dues, while its full year losses ballooned to a record Rs 32,183 crore.
The telcos said that data prices should be regulated keeping in mind the financial health of the sector
The recovery of past dues by the government was based on adjusted gross revenue of about Rs 92,000 crore
He also hit out against branded content and in-film advertising, terming it as "crass commercialisation" which "taints" and "sullies" the experience.
Low ARPU subscribers could shift to Jio plans as they offer higher discount compared to rivals