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
All the three private telecom players Vodafone Idea, Bharti Airtel and Jio has raised their taiff plans pre-paid tariff plans and the increase has been as high as 40-50%
Telecom sector is still far from the desired stability
Analysts have also revised ARPU estimates
Tariff hike for Airtel and Vodafone will be effective from Dec 3, while for Jio the new rates will be applicable from Dec 6
According to official data, the telecom sector's gross revenue fell about Rs 41,000 crore in three years on account of a dip in mobile services rates.
Operating profit of Bharti Airtel, Vodafone Idea to increase by Rs 7,000- 9,500 crore
Prasad said that Prime Minister Narendra Modi-led Central government had inherited a high cost of the mobile internet from the UPA and turned it around.
Vodafone Idea and Bharti Airtel have announced to raise mobile calling and data rates from December 3
The company has announced new plans for prepaid product and services with 2 days, 28 days, 84 days, 365 days validity