New Delhi, April 11, 2024.
The telecom industry is expected to take a 15-17 per cent tariff hike post general elections, according to an analyst report that termed the tariff increase in the sector as “imminent” with Airtel as the biggest beneficiary.
The general election in the world’s largest democracy is scheduled to be held in seven phases between April 19 and June 1, and results will be declared on June 4.
“We expect the industry to take a 15-17 per cent tariff hike post the elections,” a report by Antique Stock Broking said, as it described the tariff hike as imminent and Bharti as the biggest beneficiary.