Tuesday, March 04, 2025 | 01:52 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Voda-Idea says competition making market unsustainable, killing investments

No clarity on when the pricing situation will improve in the domestic market, says the company

Jio tussle: Trai comes down hard on telcos
Premium

Press Trust of India Mumbai
Vodafone Idea, the largest telco by subscribers, said the market was "unsustainable" due to aggressive competition and warned that this was detrimental to the government's flagship initiatives, like Digital India.   

In his first interaction after the merger of the two companies, chief executive Balesh Sharma said on Thursday that all the three operators were burning cash and no one could expect them to invest in such a situation. 

Blaming the low Arpu, or average revenue per user, for the cash flow troubles that the domestic telcos face and the resultant underinvestment in the network, he said that in neighbouring China, the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in