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Bharti Airtel pitches for healthy telecom sector, Vodafone Idea's survival

Says three players will be healthy for the sector

Gopal Vittal
Premium

Airtel’s CEO Gopal Vittal says the cost of 100 MHz of 5G spectrum will be close to ~50K cr. “We believe the price is too high. So, we will not pick it up at those prices.”

Megha Manchanda New Delhi
Bharti Airtel on Wednesday pitched for a healthy telecom sector with three players, and said Vodafone Idea’s survival will be good from the ‘investment and reputation’ point of view for India.

In the company’s post-earnings conference call, Bharti Airtel’s Chief Financial Officer (CFO) Badal Bagri said the telecom sector was large enough to accommodate three players. “On Vodafone, I think my view is that they will remain and I wish that they thrive. India needs a three-player market and it’s a large-enough market place to absorb three players. I think it will be good from all perspectives — investment, jobs and

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