He additionally mentioned that the price of cell services and products within the nation may be very low and it must be higher.
Vittal mentioned, “We intend to start out 5G services and products from August. Soon it’ll be delivered national. We are assured that we can roll out 5G services and products in each town and primary rural spaces of the rustic through March 2024.
Speaking at the corporate’s monetary effects, he mentioned, “In fact, the detailed plan for network implementation in 5,000 cities in the country is all set. This will be the biggest ever implementation in the history of the company.
Bharti Airtel bagged 19,867.8 MHz frequencies in the 3.5 GHz and 26 GHz bands across the country in the recently concluded spectrum auction. The company has bought spectrum in the low and medium bands for a total of Rs 43,040 crore.
Vittal said the company’s capital expenditure would remain at the current level. He ignored the need to buy spectrum in the expensive and considered better 700 MHz band. The spectrum in this band requires fewer mobile towers to be installed for telecom services as compared to other bands.
“Our competitors do not have a large number of medium band spectrum. If we didn’t have spectrum in such a massively valuable middle band, we would have no option but to get spectrum in the 700 MHz band.”
Vittal mentioned the corporate has the 900 MHz spectrum band and as in comparison to that the 700 MHz band does now not get any further protection from the community.
He mentioned that Airtel’s Monthly Average Earning Per Customer (ARPU) is Rs 183 and is anticipated to achieve Rs 200 and sooner or later Rs 300 with the hike in price lists quickly.