ARPUs rising to Rs 300-levels critical, will happen in due course: Airtel CEO
Bharti Airtel CEO Gopal Vittal on Wednesday asserted that Average Revenue Per User (ARPUs) rising to Rs 300-level is “critical” for respectable return of capital employed, and hoped that it will “happen in due course”.
The top honcho also outlined the ‘future of Airtel’ strategy entailing broad themes around a resilient and diverse portfolio, rural push into high-potential villages, and opportunities in the top 150 cities, among others.
“We believe that ARPU needs to go up and the ARPU of Rs 300 is critical for a respectable return of capital employed. And that is something, we hope will happen in due course of time,” Vittal said during an analyst call, a day after the company reported its Q3 FY23 scorecard.