Airtel Merging Mobile Business of Tata Teleservices (TTSL) and Telenor
Indian Mobile Telecom company Airtel launched some new plans for the customer, According to the latest news Airtel Merging Mobile Business of Tata Teleservices (TTSL) and Telenor company. Telenor Company India and Tata Teleservices are now closing the business of mobile communication because, after the launching of JIO, they are going to lose.
Gopal Vittal, MD, and CEO announced to the media recently the reason for the plan thrash. He said that current Indian telecom tariffs are really a loss for the company. But increasing the tariff can only affect their hares. So he wants to gain more shares by parting the tariffs.
Lines of the CEO about the company are –
We have revenue sitting above this level. This has resulted in ARPU (average revenue per user) erosion. If you look back over the last 3-4 quarter, the kind of ARPU erosion you have seen, we are unlikely to see that kind of ARPU erosion going forward.