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Airtel, Vodafone, Jio tariff hike: Telcos operating profit may double in FY21, says report
December 9, 2019 | By Livemint.com
business
Crisil said its analysis shows every Re 1 added to the Arpu adds about ₹1,000 crore to the industry's operating profit.The average revenue per user, arguably the most widely tracked number by analysts, will go up by 25% following the price hikes
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Mumbai: The steep tariff hikes, effected earlier this month by the battered telcos which held prices at rock bottom levels for nearly five years, can help more than double their operating profit to 60,570 crore in FY21 from 29,450 crore in FY19, says a report
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