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Airtel Founder Advocates Higher Mobile Tariffs, Compares Costs to Pepsi and Chips
Sentiment: NeutralHigh Priority
What Happened?
Sunil Bharti Mittal, founder of Bharti Airtel, argues for higher mobile tariffs, suggesting users should pay Rs 350 monthly. He compares this to the cost of Pepsi and chips, emphasizing the value of telecom services.
Key points
- Mittal believes users should pay Rs 350 monthly for telecom services.
- He argues that mobile connections are currently too cheap.
- The proposed Rs 350 is higher than his previous estimate of Rs 300 from 10 years ago.
- India has approximately 3.5 lakh mobile towers, compared to China's 10 lakh.
- Telecom companies have invested heavily in 5G, but returns have been disappointing.
- Airtel's average revenue per user (ARPU) was Rs 271 for the September quarter.
Key insights
- Higher tariffs may lead to improved telecom infrastructure in India.
- Increased revenue could help telecom operators invest more in technology.
- A healthy telecom sector is crucial for supporting India's digital economy.
Why it matters
The discussion on mobile tariffs could impact consumer costs and telecom infrastructure development in India.
Tags
Entities
Sunil Bharti Mittal· PersonBharti Airtel· CompanyIndia· Country5G· TechnologyPepsi· Brandchips· Product
Source
India Today
