Despite the fact that Vodafone-Idea has lost millions of customers, it is expected to lose another 50 to 70 million in the next 12 months. Reliance Jio and Airtel, on the other side, have a potential to steal Vi's user base and market share."So there is an opportunity for both Jio and Bharti to gain subscribers and revenue market share at the expense of Vodafone Idea.
These investments through the rights issuance will help them to further strengthen their network position and to gain more subscribers, especially at the expense of Vodafone Idea," Fitch Ratings' Nitin Soni stated.Airtel plans to raise its ARPU.The company stated plans to raise prepaid plan pricing by the end of the fiscal year in order to boost its average revenue per user (ARPU). However, the company's ARPU is expected to rise significantly in the coming months, according to the corporation."On the average revenue per user (ARPU), we do believe that tariff hike is imminent for Bharti Airtel.
The management in its call had said they believe that industry tariffs can actually move towards Rs. 200 in the next 12 months, and to Rs 300 over a longer period of time to make a sufficient return on investments," Soni added.He went on to say that telecom providers' ARPU will rise to around 170 to 180 in the next 12 months as a result of higher rates and the conversion of 2G subscribers to high-end 4G contracts.
Fundraising plans of AirtelHe went on to suggest that, as a result of rising rates and the conversion of 2G users to high-end 4G contracts, telecom providers' ARPU will grow to roughly 170 to 180 in the next 12 months.It's worth mentioning that Airtel's balance sheet is relatively robust in terms of cash availability, so raising money through the appropriate issue appears to be a constructive step that would aid the carrier.Reliance Jio, on the other hand, has 441 million consumers and leads the market in terms of market share and users. This is why we believe Jio's balance sheet is the most solid, and that Vi's weakness will largely benefit the former.
Srinagar: due to the result of the Post-Civilian killings and in the days running up regarding the visit of Union Minister Amit Shah in Srinagar durin...
Mumbai: NCB officer was asked whether he would take any legal action against the NCP leader Nawab Malik. And the allegations that were made by him, th...