Bharti Airtel CEO Gopal Vittal, amid Vodafone Idea’s struggle to stay afloat, said on Wednesday that that a large nation like India needs three private players in telecom. Mr Vittal also hoped that the government would take measures to offer relief to the financially-stressed industry. The recent changes effected by Airtel in some of its plans is a step towards raising average revenue per user (ARPU), which is currently “abysmally low”, Mr Vittal said. In this episode of the Editorial, our Managing Editor Mr Sujit Nair shares his take on what happenes when there are no choices in a market.
#Monopoly #VodafoneIdea #BharatiAirtel #Telecom #PiyushGoyal #Tesla #Toyota
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