THE INDUSTRY NEEDS to raise mobile tariffs at regular intervals as the sectorstill operates at unsustainably low prices and revisions will allow it to generate reasonable returns and support future investments, the debt-laden Vodafone Idea (VIL) said in the company's annual report for 2021-2022.
The telecom operator said that the revenue per user remains lower than historic trends, despite all the players Bharti Airtel, Reliance Jio and including itself raising tariffs in the last year. "The industry still operates on unsustainably low tariffs,"Vodafone Idea said in the annual report.
The joint venture of Aditya Birla Group and Vodafone Group had got a fresh lifeline last year after the government extended a relief package to the sector.
This story is from the August 08, 2022 edition of Financial Express Mumbai.
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This story is from the August 08, 2022 edition of Financial Express Mumbai.
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