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Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks
Vodafone Idea’s CEO (Chief Executive Officer), Akshaya Moondra, in the recent earnings call with the analysts for Q3 FY23, shared his opinion on tariff hikes. Moondra didn’t give an exact timeline for when the tariff hikes would take place, but he did share his personal opinion about the same. The chief executive said that there’s a need for tariffs to go up. Moondra believes that none of the telcos is able to recover the cost of capital at the current tariff levels.
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Not Everyone Should Have to Pay More
Replying to a question on tariff hikes, Moondra said that the hikes should be implemented on the unlimited benefits plans. Not everyone should have to pay more to consume mobile network services. According to Moondra’s personal opinion, consumers who use more data and voice calling should pay more than consumers who are using less. It is at the higher-end plans where the hikes should be implemented. He believes that the basic premise should be – ‘you pay more for using more’.
Moondra said that gradually, as happens with essential services such as electricity and more, there’s a base charge, and then there’s a charge on top of it on the basis of usage. So in simple words, Moondra feels like the structure of the tariffs should be such that high-end users who consume more should pay more, and not everyone should be forced to pay more.
