Won't wait 2 years, tariff hike likely in 2022: Vi CEO
Business Standard|January 25, 2022
Aim to conclude fundraising exercise this financial year, says Ravinder Takkar
ANEESH PHADNIS

Vodafone Idea (Vi) Chief Executive Officer (CEO) Ravinder Takkar on Monday said the telecom company could raise tariffs this year.

All the three private telcos - Reliance Jio, Airtel and Vi — hiked their prepaid tariff plans by around 20 per cent in November last year. While this has led to an increase in the average revenue per user (ARPU) for the companies, it has impacted recharges and resulted in consolidation of SIM cards, especially for Vi.

Takkar said another tariff hike is possible in 2022 but would depend on how well the market absorbs the recent increase.

"It's possible that there could be another price hike in 2022. Certainly at some point, a price hike will take place.

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