Categories: Business

Airtel seeks government support for telcos, said India requires 3 because

New Delhi: Bharti Airtel on Wednesday echoed Vodafone competitors ideas for government support for the telecommunications industry, stressed that large countries like India need three private cellular operators.
When Industrialist Kumar Mangalam Birla, whose group runs the idea of ​​Vodafone JV, has been seeking government intervention to guarantee the industry of financial chaos, the CEO of Airtel Gopal vittal makes a request.
Vittal said, “Obviously there are serious financial stress situations in the industry” who have seen one of the players (Voda ideas) who tell the government that may not be able to pay its contributions in March 2022.
“We hope that the government does something to provide assistance to the industry.
“Justifying a recent decision to climb a particular rate, Vittal said that consumer realization was” Abysmally Low “.
However, he indicated that the company may not start a broader revision of tariffs because it will blunt its competitiveness.
Responding to analyst requests about how Airtel felt the industry structure for the next one-two years, and whether the company was prepared for the market of two players, Vittal said the market could easily accommodate three private players.

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