Akhil Gupta, the vice-chairman of parent company Bharti Enterprises, stated in an interview that Bharti Airtel Ltd may not charge a premium for its 5G service but may offer it to users of high-priced tariff plans; this may encourage users to upgrade to the superfast network as data consumption increases.
“I believe that 5G penetration will develop so rapidly that it will be comparable to other offerings. Whoever has a 5G phone will get 5G. They will use more and automatically be upgraded to a plan with a higher tariff. This would result in more income, according to Gupta. “I actually don’t believe there will be a full premium 5G. At best, we could start offering 5G on somewhat more expensive plans, but let the operating companies determine what they want to do.“
He noted that 5G, like past and even future technologies, would be supply-driven, with customers using more data as faster internet becomes accessible, resulting in more revenue for telecommunications companies.
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Indus Towers, which is jointly controlled by Bharti Airtel and Vodafone Group Plc, took a provision for the doubtful debt of about 1,233 crore in its June quarter results and recorded a 66% decline in earnings due to a customer’s late payment. Indus did not identify Vodafone Idea but said in its quarterly results report that it had amended its estimated credit loss policy from 90 to 60 days past due and incurred an extra effect of 954.7 crores.
As a result of network rollouts necessitating the installation of additional tower equipment, Gupta said that 5G will provide tower firms with a substantial development opportunity.
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