Customers consuming more should pay more, subs loss to BSNL reversing quickly: Vi official
Vodafone Idea official on Thursday said telecom subscribers consuming more data should pay more to enable the industry to generate reasonable returns and ensure connectivity to all sections of society.
During Vodafone Idea (VIL) earning call for the second quarter ended September 30, 2024, the company's CEO Akshaya Moondra said that the loss of subscribers to BSNL due to the recent tariff hike is quickly reversing because of the state-run telecom firm's «network experience».
He said that the Indian wireless sector is at a crucial junction.
Moondra said that while on one side, large investments are required to support the emergence of new technology and to support explosive data growth, on the other side, affordability of tariffs should be maintained to ensure connectivity to all sections of society.
«This is possible when customers who are using more will pay more to enable the industry to generate reasonable return on capital on the large investment that has been made. Hence, further tariff rationalisation is needed for the industry to recover its cost of capital,» he said.
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