Muted competition to allow Bharti Airtel and Reliance Jio to increase average revenue per user: Nitin Soni
Nitin Soni of Fitch Ratings expects a tariff hike for Indian telcos due to low return on investment and ARPU. Competition is likely to remain subdued, allowing Bharti Airtel and Reliance Jio to increase ARPU. Investment in a larger fibre network is needed for future 6G readiness and data offloading.
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