Airtel Chairman Sunil Mittel announced plans to lead telecom tariff hikes to reach an ARPU of Rs 300 and invest in network rollout.

Airtel Chairman Sunil Mittal said his company will lead telecom tariff hikes to reach an ARPU of Rs 300, with an aim to maintain healthy valuations and ensure better returns on investments. Airtel has spent Rs 40,000 crore on 5G spectrum and plans to invest more in network rollout. Mittal also discussed the company's satellite internet venture, OneWeb, targeting rates close to terrestrial telecom in remote regions.

February 29, 2024
3 Articles