Vodafone Idea Needs Another Tariff Hike, ARPU Needs to Increase 1.9x : Motilal Oswal
Vodafone Idea requires another tariff hike, and that too soon, to reach a sustainable level. The telco’s average revenue per user (ARPU) figure needs to grow at least 1.9x, for which another tariff hike is desperately required, says Motilal Oswal. The telco has Rs 1,945 billion in debt, for which large-scale capital support will be required. Further, Vodafone Idea would need to invest in the networks to arrest the ongoing... Read More