New Delhi: Bharti Airtel chairman Sunil Bharti Mittal has hinted that the cost of Airtel mobile services could rise. He said their average revenue per customer could be more than Rs 200 in the next six months.
Mittal was present at the inauguration of the book “Some Sizes Pit All” by Akhil Gupta, who is an official of Bharti Enterprises. Mittal says that they are giving 16 GB of data per month for 160 rupees. It’s a tragedy that this can be 1.6 GB per month or you have to pay the right price for more data.
This does not mean that you have to pay 50-60 US dollars, like its being charged in the US or Europe, but 16 GB data can’t be provided on 2 US dollars anymore. The average revenue per user should be at least Rs 300 per month, and then the industry will survive. Despite that, they have to pay 100 rupees a month from their pockets. If you spent the data by watching TV or movies, you have to pay more. Says Mittal.
In the first quarter ended June 30 this year, Airtel’s revenue per customer increased by rs-157. leading to an increase of airtel data last December, average revenue per user increased as well. Mittal said telecom companies have been serving the country during this difficult time in Corona.
This time they just need to work on 5G, more optical fiber, and submarine only, because other than telecom service they also need to be more digital on other Businesses, he said. In order to survive, the average revenue per user will have to be balanced for the next 5-6 months. In the next 6 months, their revenue per customer will exceed rs 200, rs 250 is normal, Mittal says.
Bharti Airtel’s net-loss crossed Rs 15,933 crore in the June quarter. With the fifth quarter in a row, they did not see the face of profit. After Reliance Jio has entered the market in 2017, Bharti Airtel is struggling to keep up with the way they have kept data prices low.