Muted competition to allow Bharti Airtel and Reliance Jio to increase average revenue per user: Nitin Soni

Nitin Soni, Senior Director, Fitch Ratings, says “return on investment is on the lower side for the Indian telcos if you compare it regionally within the Asia-Pacific, as we know that the average revenue per user is still one of the lowest in the world probably or in the Asia-Pacific. We do expect the headline tariff will come in the next 12 to 18 months.”

Mr Sunil Mittal has been maintaining for years now that India has the lowest ARPU and they need to go higher. Unfortunately, the trend has not been very exciting.