After Airtel, Vodafone Idea hikes minimum recharge tariff3 min read 22 Nov 2018, 07:45 AM IST
Vodafone Idea is gearing up to take on Airtel and Reliance Jio with aggressive expansion of its 4G telecom towers and segmenting its markets into four parts to enhance profits
New Delhi: Vodafone Idea Ltd is gearing up to fight rivals Bharti Airtel Ltd and Reliance Jio Infocomm Ltd with an aggressive expansion of its network of fourth-generation (4G) mobile tower sites and segmenting its markets into four categories on the basis of leadership and profitability with a specific strategy for each, said a person aware of the plans. India’s largest telecom operator by users also plans to hike minimum recharge tariffs to improve profitability and has advanced an ongoing synergy target of ₹ 14,000 crore by two years to 2020-21. The target includes saving ₹ 8,400 crore in operational expenditure and ₹ 5,600 crore in capital expenditure, said the person on condition of anonymity.
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