The tariff war unleashed by the entry of RJio in Sep. 2016, and cut in termination cost by the telecom regulator TRAI has led Airtel to witness Rs 652 crore losses in its India business during the March quarter (Q4).
Bharti Airtel Chief Financial Officer Nilanjan Roy said: "Consolidated revenue for the quarter dropped 10.5 per cent due to decline in India mobile revenue and Airtel business.This was largely led by cut in domestic and international termination charges besides continuous pressure on ARPU on mobile front."
The telco reported average revenue per user (ARPU) of Rs 116 for the quarter, down by 26.7 per cent from Rs 158 it had registered a year ago.
The Telecom Regulatory Authority of India (TRAI) reduced domestic mobile termination charge (MTC) from 14 paise per minute to 6 paise per minute from October 1, 2017 and the international MTC rate was reduced from 53 per minute to 30 paise per minute effective February 1, 2018.
Source: http://cablequest.org/index.php/news/telecom-news/item/12854-airtel-reports-rs-652-crore-loss-due-to-termination-cost-cut-tariff-war
The telco reported average revenue per user (ARPU) of Rs 116 for the quarter, down by 26.7 per cent from Rs 158 it had registered a year ago.
The Telecom Regulatory Authority of India (TRAI) reduced domestic mobile termination charge (MTC) from 14 paise per minute to 6 paise per minute from October 1, 2017 and the international MTC rate was reduced from 53 per minute to 30 paise per minute effective February 1, 2018.
Source: http://cablequest.org/index.php/news/telecom-news/item/12854-airtel-reports-rs-652-crore-loss-due-to-termination-cost-cut-tariff-war
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