Vodafone Idea Rules Out Widespread Tariff Hikes, Plans Minor Adjustments
CEO Abhijit Kishore confirms focus on performance and subscriber growth as government stake remains significant
نظرة سريعة
- Vodafone Idea CEO Abhijit Kishore stated the company will implement only minor tariff corrections rather than a broad rate hike.
- The telecom operator is currently prioritizing performance improvements and subscriber growth following recent gains.
ملخص مُنشأ بالذكاء الاصطناعي
Telecom operator Vodafone Idea will opt for minor corrections in existing mobile tariff but has no plan yet to go for an across-the-board hike in rates, a top official of the company said on Friday.
Recently Bharti Airtel increased prepaid mobile recharge plan by around 4-5 per cent and analysts have projected that telecom operators may raise tariff by about 15 per cent in the first half of this year.
"Minor corrections will be there but not a structural hike as you generally see," Vodafone Idea Chief Executive Officer Abhijit Kishore said on the sidelines of COAI Digicom Summit 2026.
He said that the government has shown confidence in the company as a significant shareholder and the company is focussing on improving performance.
"The government is a 49 per cent stakeholder and we really value that. We are working towards what we should be doing, which is basically improving the performance, which is what you see on the subscriber initiative. We have reported earlier in the month of February-March, which is out in the public domain," Kishore said.
After recording a decline in subscriber base in the last few years, the company has shown improvement in subscriber addition in February and March.
Vi has added over 1 lakh mobile subscribers in March, according to the latest Trai report.