NEW DELHI: Indian telecom industry could witness a potential price hike of 15-20% in the next two months due to weakening subscribers growth across telcos, analysts said. They added that Airtel will be able to sustain its 35-40% incremental 4G subscriber market share which would result in the addition of 3-4mn 4G subscribers in 3QFY21E and drive its ARPU up by 2-3%. “A price hike, which looked uncertain in the last 6-9 months due to the challenging economic scenario, has started to look imminent with weakening subscriber growth across players. Our recent interactions with industry experts indicate a potential price hike of 15-20% in the next two months,” Motilal Oswal Financial Services said in a report.CLSA said that delays in floor tariff could force Vodafone Idea to raise prepaid tariff in 3-6 months as the telco stares at a financial crisis in absence of any funding, weak liquidity position and reducing subscriber growth.Vodafone Idea has hiked tariffs by 7-9% in two plans and for now in one of 22 circles in India. Vodafone Idea postpaid tariffs are now 7% higher versus Bharti Airtel and about 60% higher versus Reliance Jio in comparable data plans. Bharti Airtel is not following Vodafone… Read full this story
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