Mittal, who has time and again drawn attention to the high taxes and levies in the sector, said it is important for the telecom industry to be sustainable as it is "high capital-intensive"
Bharti Airtel to gain at cost of Vodafone Idea as it has better balance sheet strength, say brokerages
Bharti Airtel expects industry revenues to start growing again due to recent tariff hikes, and expects industry revenues to surpass $50 billion (timeline unspecified) as opposed $30 billion at present, per company.
Bharti Airtel's Q2 mobile services revenue up 7% to Rs 10,981 cr y-o-y; ARPU slips in September quarter
Airtel's average revenue per user (ARPU) for mobile services—a key metrics for telecom companies—slipped marginally to Rs 128 against Rs 129 in the previous sequential quarter
The recent approach by operators to boost ARPUs is a deviation from the approach they have so long taken of adding subscribers to their network. Industry experts say that this approach can only be beneficial for the operators as well as for subscribers.
Total mobile services revenue in India is projected to reach $ 30 billion in 2016. The Average Revenue Per User began to stabilise in 2011.
CRISIL, the credit rating agency, expects smaller players in the telecom space to find it hard to continue putting funds into expanding and building a better network. This might push them to the merger route instead.