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Tariffs 'absurdly low', need substantial repair: Airtel's Gopal Vittal

Bharti Airtel's CEO, Gopal Vittal, has emphasized the need for a significant increase in tariffs to repair the telecom industry. He stated that the current level of tariffs in India is "absurdly low" and multiple rounds of tariff hikes are required. Vittal believes that average revenue per user (ARPU) needs to reach ₹300, although even at this level, it would still be one of the lowest globally. He added that the pricing and tariffs in India are broken, hindering the monetization of 5G services. Vittal also welcomed Vodafone Idea's recent fundraising efforts and emphasized the need for three strong operators in the market.

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