'In a do-or-die effort, Mr Mittal's target is an ARPU of at least Rs 200 by the end of this financial year', says the author
This is not the first time that Bharti Airtel has followed its arch rival's strategy. Over 4G, it followed a similar policy too which differentiated them both from their legacy telecom rivals
The company stock reacted positively on Monday, ending 4.44 per cent up at Rs 620.35 on BSE
'We hope that the spectrum pricing auction will be made attractive,' says Bharti chairman
Airtel to scale up investments in data centres, Cloud services, cyber security
Bharti Airtel Chairman Sunil Mittal said the sector remains a viable place for continued investments
Bharti Airtel Chairman Sunil Mittal has expressed hope that the government and regulators will step in to ensure that the sector remains a viable place for continued investments
Company is the first to raise tariffs and its rivals are likely to follow suit, say experts.
Mittal had said, with Airtel setting up only two ground stations for uplinking in rural areas, the requirement for spectrum was minimal and different from terrestrial mobile services
The latest tariff hike by the three operators happened in December 2019.
Mittal acknowledged that telecom tariffs need to go up and that Airtel would 'not hesitate' in this regard, but was quick to add that it cannot be done 'unilaterally'
This will make Bharti Group the largest shareholder in the satellite communications company
The transaction is expected to be completed in the second half of 2021
According to DoT estimates, Vodafone Idea owes Rs 58,400 crore as AGR dues
CSS Corp, a global customer experience and technology consulting services provider, today announced that its board has unanimously chosen Sunil Mittal as the organization's Chief Executive Officer
We have increased our market share, brand loyalty and index, and we're getting more customers than the competition in the last 8-9 months, says Mittal
Airtel has weathered three-four big crises, including disruptions caused by the 2016 launch of Jio: Airtel
Mittal is planning to invest $2 billion on a once bankrupt low earth orbit constellation satellite company OneWeb to put up more satellites
5G technology can effectively empower millions of Indians once the price becomes affordable
India is poised to derive full benefit of global investments on 5G standards in the coming two-three years, as equipment prices come down and devices become available, Sunil Mittal said