Thursday, July 30, 2020

Battered by nearly Rs 16,000 crore loss, Airtel CEO hints at another round of tariff hikes

Battered by nearly Rs 16,000 crore loss, Airtel CEO hints at another round of tariff hikes We continue to believe that average revenue per user (ARPU) needs to move up to 200 and eventually to 300 for a sustainable business model, said Bharti Airtel CEO Gopal Vittal.

from Moneycontrol Business News https://ift.tt/2PeIecc

No comments:

Post a Comment

US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...