Pricing environment artificially low in India, says Vodafone CEO Nick Read2 min read . Updated: 25 Feb 2019, 06:38 PM IST
- Vodafone India and Idea Cellular completed their merger in August 2018 and are currently undergoing an integration exercise
- Average revenue per user (Arpu) for Vodafone Idea is also the lowest among all three operators at ₹89
BARCELONA : All telecom operators in India are hemorrhaging cash as prices are artificially low, which is not sustainable and tariffs need to rise so that the industry becomes healthier, said Nick Read, CEO of Vodafone Group.
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