Sunil Mittal reiterated a couple of times that best lies ahead for the company.
On ARPUs, he expects it to move to Rs. 200+ levels in the next few months and eventually going up to Rs.300. Think that given the high Capex nature of the business Rs.300 ARPU is a very important requirement. Stressed upon the fact that prices have been kept artificially low to gain market share by Jio and are below economic rates of return for an industry that needs to consistently invest high dosage of Capex in-network infra n spectrum. *All conditions are now in place for a steady increase in ARPUs.*
> Expressed his happiness to the fact that telecom has now been declared an essential service, which resolved several operational issues in laying the telecom infrastructure.
> Bharti’s Q1 FY21 ARPU of Rs. 160 is the highest in the industry.
> Industry structure is now fairly consolidated, from being a nine-player industry to now 3 +1 player industry, which is reasonable given the size of our country.
> Highlighted that *the company is at its lifetime high revenue market share of ~33 %*, which has been a reflection of its consistent focus on a high level of customer service and keeping the network quality to one of the best in the industry.
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