Sunil Bharti Mittal
Sunil Bharti Mittal, chairman of telecom company Bharti Airtel (Airtel), says that mobile service rates are not logical right now.
Rates should be increased
Asked whether China’s telecom equipment manufacturers will get approval for participation in the next generation 5G network, Mittal said that the big question is the decision of the country. Everyone will accept whatever decision the country takes. He said, as far as telecom service rates are concerned, the company (Airtel) has made its stand clear about this. Airtel strongly believes that the rates should be increased.
Current rates not durableMittal said, “The current rates are not sustainable, but Airtel cannot take initiative on its own without taking market or regulatory measures. The industry will need to raise rates at one time. We have to look at the market conditions while doing so. ”In fact, Mittal was asked what time it seems inevitable to raise the rates of telecom services in the Indian market and whether Airtel will take initiative in this direction or take steps from competitors Will you wait?
Tragedy giving 16 GB data for one month for 160 rupees
It is noteworthy that Mittal had made a comment about this in August this year. He had said that giving 16 GB of data for one month for 160 rupees is a tragedy. The company has said that for sustainable business, the average revenue per customer should first reach Rs 200 and gradually increase to Rs 300. Bharti Airtel’s average revenue per customer (ARPU) was Rs 162 in the September quarter. This revenue was earlier Rs 128 in the June 2020 quarter and Rs 157 in the June 2019 quarter.
Telecom sector needs more capital
Mittal once again reiterated the high tax rates and high tariffs in the telecom sector. He said that the telecom sector is an area requiring more capital. There is a need to continuously invest in networks, spectrum, towers and technology.