Sharp increase in tariffs post fund raise required to bail out Vodafone Idea: Analysts
By
Biju Kumar
A sharp increase in mobile tariffs coupled with the current fund raise will only enable struggling telecom player Vodafone Idea to sail through the current crisis.
Despite 5G investments – high capital expenditure by telecom players including Reliance Jio and Bharti Airtel, the tariffs have remained unchanged. Mobile tariffs were raised by around 20 % in December 2021, according to analysts from Ambit Capital.