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Why Airtel, Vodafone-Idea's trouble is bad news for mobile subscribers in India – Gadgets Now, Gadgetsnow.com

Why Airtel, Vodafone-Idea's trouble is bad news for mobile subscribers in India – Gadgets Now, Gadgetsnow.com

Why Airtel, Vodafone-Idea's trouble is bad news for mobile subscribers in India

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Why Airtel, Vodafone-Idea’s trouble is bad news for mobile subscribers in India

The country apex court recently dismissed the review petition on Adjusted Gross Revenue (AGR) payouts of telecom companies. Vodafone-Idea and Bharti Airtel, staring at huge payouts after they got no relief from the Supreme Court on their AGR dues, would need to raise prices in a bid to rebuild financial strength.

The dismissal of review petition is bad news not only for telecom companies but may also turn out to be so good for mobile subscribers in India as its very likely that these cash-starved telecom companies increase mobile tariffs. Here’s by how much and more …

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Mobile bills may go up by another 25-30%

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Mobile bills may go up by another – (%)

“With Average revenue per user (ARPU) still well below the – 2020 ‘pre-Jio’ levels and a reduction in overall telecom-related consumer spending (as a percentage of GDP) over the past three years, there’s an adequate scope for telcos to raise tariffs by another % later this year, ”Sanjiv Bhasin, director at IIFL Securities, told The Economic Times.

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(3/9) Actual time of mobile tariff hike depends on Vodafone-Idea’s survival

Experts told ET that the actual timing of the next round of price hikes will depend on Vodafone-Idea’s survival. Some analysts expect big price hikes from Bharti Airtel and Reliance Jio Infocomm in a private duopoly structure.

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Vodafone-Idea is exploring options, may make part payment to the government to avoid defaulting

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Vodafone-Idea is exploring options, may make part. payment to the government to avoid defaulting

Vodafone-Idea is said to be exploring further options. The company, earlier this week, moved the top court seeking modifications in the AGR ruling. Some analysts also see the company offering the government a small part of its statutory dues by January to ensure it does not get a defaulter’s tag or incur Supreme Court’s displeasure. This may also help the company buy time.

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(January) is the Supreme Court’s deadline to make the payment for all three telecom companies

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(6/9) As per telecom department, Vodafone-Idea needs to pay Rs , crore, Airtel around Rs 47, 15 crore and RCom Rs 25, (crore)

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The average revenue per user ( ARPU) is still low in India

Overall telecom-related consumer spends in India is amongst the lowest globally, as per industry executives and analysts. Consumer spends on communications in India is said to be below Singapore, Malaysia, China / Hong Kong, the Philippines, japan, australia, the us, the uk, germany, and france.

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As per telecom department, Vodafone-Idea needs to pay Rs 19,823.71 crore, Airtel around Rs 23,000 crore and RCom Rs 16,456.47 crore

In December 2019, Bharti Airtel, Vodafone-Idea and Reliance Jio increased mobile tariff after almost 3 years

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In December

, Bharti Airtel, Vodafone-Idea and Reliance Jio increased mobile tariff after almost 3 years

Just over a month ago, Bharti Airtel, Vodafone Idea and Reliance Jio increased bundled prepaid tariffs by 22 – 71% for the first time in three years.

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Number of mobile users in India may fall

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Rajiv Sharma, research head at SBICap Securities told ET that any upward revision in tariffs beyond 23% in the next 6-9 months may lead to fall in the number of mobile subscribers in the country.

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