India's leading telecom provider Bharti Airtel calls for industry-wide tariff increases due to low ROI, losing 2.9 million subscribers post recent hike.

Bharti Airtel, India's leading telecom provider, is advocating for industry-wide tariff increases due to low returns on investment. CEO Gopal Vittal noted that the impact of a recent tariff hike is expected to manifest soon, as the company lost 2.9 million subscribers, outpacing competitor Reliance Jio's 11 million loss. Airtel aims to boost average revenue per user (ARPU) and plans to complete its 5G rollout this year, shifting to standalone 5G by December.

October 29, 2024
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