Vodafone Idea expects 5G to be priced at a premium and offer more data

Debt-ridden Vodafone Idea expects 5G to be priced at a premium with more data bundled with plans compared to 4G services at present, a top company official said on Thursday. Vodafone Idea (VIL) Managing Director and Chief Executive Officer Ravinder Takkar, during an earnings call, said the company has spent a significant amount in acquiring spectrum in the recently-held auctions which call for a need to charge a premium for 5G services.

It expects the overall tariff for mobile phone services to go up by the year-end. “Given the fact that a fair amount of money has been spent on the spectrum, we believe that 5G should be priced at a premium to 4G. You can price it at a premium,