India's telecom operators, including Vodafone Idea, shifted strategies towards monetisation with restricted spectrum purchases, leading to predictions of imminent telecom tariff hikes.
India's telecom operators have shifted their strategies towards monetisation, indicated by their restricted spectrum purchases during the recent auctions. Analysts were surprised by Vodafone Idea's (VIL) increased spectrum spend of ₹35bn ($0.4bn) on the 900MHz band to enhance 4G network, suggesting network rollouts and potential market share shifts. The auction's conclusion has led analysts to predict imminent telecom tariff hikes, with JP Morgan anticipating a 25% increase spread over 2Q/3QFY25.
June 27, 2024
11 Articles