Vodafone India likely to increase its tarrifs soon

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Vodafone India likely to increase its tarrifs soon
Vodafone India likely to increase its tarrifs soon

New Delhi : Loss-making telecom operator Vodafone India may increase their service cost in India to boost the growth of the company. Earlier they had increased the tarrifs in November.

Vodafone India's MD and CEO Ravinder Takkar claimed that minimum price of Rs 99 per month to avail 4G services is inexpensive.

"We would expect that its possible that there could be another price hike in 2022 but certainly at some point the price hike will take place. The last one was almost 2 years earlier which I believe is a bit long. We certainly would expect less than two years but in 2022 we will have to see how quickly these prices get embedded. Probably, it could be 2023 as well," news agency PTI quoted Mr. Takkar

VIL subscriber base declined to 24.72 crore from 26.98 crore in the year-ago period because of increase in services rate by the company.

Despite the tariff hike, its average revenue per user (ARPU) declined by about 5 percent to Rs. 115, compared to Rs.121 in the same quarter of 2020-21.

Debt-ridden telecom operator Vodafone Idea last week reported widening of its consolidated loss to Rs. 7,230.9 crore for the third quarter ended December 2021.