India Ratings believes increasing data usage and rising proportion of higher ARPU data customers in the overall subscriber mix hint that even without tariff hikes, the sector is structurally strong
Tinkering with rates will put off investment and hurt exports
Vodafone Idea may see a rally in the direction of Rs 15 shortly if it manages to breakout above 100-WMA.
Says 5G pricing must encourage investment in networks
Where tariffs are concerned, the company has already taken a clear stance on the issue, he said adding that Airtel is of the firm view that tariffs need go up.
While the telecom company's second-quarter loss narrowed to Rs 7,218 crore, its operational performance was weaker compared to its peers.
Here's a selection of Business Standard opinion pieces for the day
Open-ended tariff protection will affect competitiveness
There could be earnings cuts and lower target prices if the hikes don't materialise this year
However, significant policy reform would also be necessary to attract investors
The operator had called for the hike in view of Rs 9,800 cr plan, including expansion of a terminal-1, construction of fourth runway
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.
He also hit out against branded content and in-film advertising, terming it as "crass commercialisation" which "taints" and "sullies" the experience.
The Supreme Court order on the AGR puts a burden of Rs 1.47 lakh crore on the industry that has been bleeding for years and sitting on a debt pile of close to Rs 4 lakh crore
Move ordered by Commerce Minister Piyush Goyal, is aimed at boosting domestic manufacturing
From Airtel, Voda Idea hiking tariffs, Telangana court hearing vet's rape case to Bihar CM Nitish Kumar beginning his tour against climate change, Business Standard brings you top events of the day.
We will not interfere in their decision to raise tariffs but if the consumer is affected due to the increase we will intervene, says a senior DoT official
Tariff increase by telcos was long overdue
The top five smartphone brands which are exported from China include Apple, LG, ZTE, Motorola and Samsung