Airtel may hike call rates; sell towers in Africa

Airtel may hike call rates; sell towers in Africa

FPJ BureauUpdated: Saturday, June 01, 2019, 10:03 AM IST
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New Delhi : Telecom major Bharti Airtel indicated that it may cut down on discounts it offers on mobile call rates to push revenue from voice services.

“There might be ups and downs in certain quarters, but the long-term secular opportunity for raising voice realisation remains, given the significant gap between headline tariff and the realised rates or in other words discounted tariffs,” Bharti Airtel’s Managing Director and CEO (India and South Asia) Gopal Vittal said. The first quarter has witnessed a historic trend of softening volumes with respect to voice call segment, he said in the company’s earnings call.

“I will not comment on how it will play up within a given quarter, but what I will say is from longer term basis there is still opportunity to raise voice realisation,” Vittal said.  Airtel also indicated that the company will divest telecom towers in Africa but is looking for suitable deal.

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