Airtel CEO - As a company is always proud of higher tariffs by marketing its services as premium
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Bharti Airtel CEO, Gopal Vittal is not worried about consumer acceptance of tariff hikes in a rising inflation environment as telecom is an essential service, said JP Morgan in a note read by ET Telecom. Airtel would be looking at tariff hikes to primarily monetise 5G services. The telco wants to increase the average revenue per user (ARPU) figure to Rs 300 in the medium-term. Since telecom services are essential, it doesn't matter even if the tariffs are going up; consumers will still pay for them. Vittal made the comments at a recent JP Morgan investor summit.
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and after airtel JIO will also increase tariffs to the same as airtel saying airtel did it so we also need to do it. Jio earlier also went back on words and increased tariff as others citing some reasons I don't remember, when they were giving data as compensation for price increase...
Now we need adani in telecom sector. 😂 he is only one who can teach mittal and ambani a lesson. Otherwise no other person will dare enter indian telecom sector. 😂
I think govt should take cue from what he said and bring telecom under essential goods act
Airtel has always indulged in the best anti-consumer moves. Unparalleled record in this regard. On a happier note by this time next year I shall be mostly Airtel-mukt. Earlier if the tariff hikes are implemented soon.
mittal aur vittal kismat ke dhani ha.customers ko C samajte ha ye