Home / Companies / News / Don't see inflation as challenge for tariff hike: Vi CEO Ravinder Takkar

Don't see inflation as challenge for tariff hike: Vi CEO Ravinder Takkar

Says subscriber churn post tariff hike last November not significant; effect of 20% hike has been absorbed in third and fourth quarter, helped Vi to register growth in revenue and ARPU

The response of the government has been consistent. They said they want this sector to be healthy, it is a very strategic sector, too important for the country. They have said they want to see 3 private players and one public sector player in this se

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Talks with investors and banks for additional funds continue and the company expects to repay around Rs 8160 crore of debt in the next twelve months.

Aneesh Phadnis Mumbai

2 min read Last Updated : May 11 2022 | 11:52 PM IST

Vodafone Idea (Vi) management does not see inflation as an impediment for hiking mobile tariffs as it aims to grow its average revenue per user (ARPU) to Rs 200 in the short term.

Responding to an analyst query on tariff outlook and demand in a post result conference call, Vi managing director and CEO Ravinder Takkar said that telecom is an essential service and continues to be a small piece of overall consumer spend. He added that while there was a subscriber churn post tariff hike last November it was not significant. “I don’t see it as a challenge,” he

Topics : Inflation Vodafone Idea Tariff hike

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