Airtel expects sim consolidation to stabilise in next 2 qtrs: Gopal Vittal

Quick Summary:

The company’s average revenue per user (Arpu), a key performance metric for telecom firms, rose 14.7 per cent Y-o-Y to Rs 233, up from Rs 203 in Q2FY24.

Postpaid net additions remained steady at about 0.8 million," Vittal said.

Vittal also pointed out that RoCE remained low at 11.2 per cent and that further tariff repair remains the only way to improve it.

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Article Details

Category: BusinessFinance

Markets: IndiaCubaMali

Topics: Telecom sector Telecom services Sim Indian companies Sunil mittal Bharti airtel

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 19:59:39 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 568 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 28 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23328245

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